New York Life Insurance Company (“New York Life” or “the company”) is the largest mutual life insurance company in the United States*. Founded in 1845, New York Life is headquartered in New York City, maintains offices in all fifty states, and owns Seguros Monterey New York Life in Mexico.
New York Life is one of the most financially strong and highly capitalized insurers in the business. The company reported 2014 operating earnings of $2.021 billion. Total assets under management at year end 2014, with affiliates, totaled $552.82 billion. New York Life holds the highest possible financial strength ratings currently awarded to any life insurer from all four of the major ratings agencies: A.M. Best, A++; Fitch AAA; Moody’s Aaa; Standard & Poor’s AA+. (Source: Individual Third Party Ratings Report as of 8/11/15).
Financial strength, integrity and humanity—the values upon which New York Life was founded—have guided the company’s decisions and actions for 170 years.
Software Developer needed for strategic initiative in our Group Membership on a web development project. We are looking for an individual who has the ability to translate requirements into customized online application for insurance systems. Training will be provided in methodology of system. This person should have development experience and be a natural problem solver. This is an exciting position for a seasoned Developer, who is looking to join a great company with a lot of potential for professional growth.
Job Functions and Key Duties & Responsibilities:
•Develop online application sites with a focus on customer experience for third party administrators
•Analyze system architecture and propose enhancements
•Identify Strengths, Weaknesses, Opportunities, and Threats and methods of mitigation
•Enhance overall user experience through variety of programmatic techniques
•Perform Data Analysis leveraging Adobe SiteCatalyst
•Perform detailed application design, coding and unit/integration/performance testing
•Develop collection of data files and PDFs (receipts) for transmission.
•Bachelor’s degree in Computer Science, or related discipline
•Experience planning designing and building complex web sites and applications
•Solid knowledge base of full development life cycle (SDLC, front to back operations)
•Communicating with clients and interpreting business logic into application code
•Experience with systems integration
•Ability to communicate with high level executives on project progress and deadlines
•2-4 years of programming experience in the following areas:
o Backbone JS or similar MVC framework
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*Based on revenue as reported by “Fortune 500, Ranked within Industries, Insurance: Life, Health (Mutual),” Fortune Magazine, June 15, 2015. See http://fortune.com/fortune500/2015/ for methodology.
1. Operating earnings is the key measure use by management to track Company’s profitability from ongoing operations and underlying profitability of the business. This indicator is based on generally accepted accounting principles in the US(GAAP), with certain adjustments Company believes to be appropriate as a measurement approach ( non GAAP), primarily the removal of gains or losses on investments and related adjustments.
2. Assets under management represent Consolidated Domestic and International insurance Company Statutory assets (cash and invested assets and separate account assets) and third party assets principally managed by New York Life Investment management Holdings LLC, a wholly owned subsidiary of New York Life Insurance Company.