Senior Associate, Tech Services #55234
Location:
Tampa , Florida
Posted:
October 18, 2017
Reference:
55234-en_US

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 Monterrey 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 2016 operating earnings of $1.954 billion. Total assets under management at year end 2016, with affiliates, totaled $538 billion.  As of year-end 2016, New York Life’s surplus was $23.336 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 8/17/16).

 

Financial strength, integrity and humanity—the values upon which New York Life was founded—have guided the company’s decisions and actions for over 170 years.

 

This position will lead functions for configuration of the NYL Direct Insurance Operation and Underwriting workflows by providing programming changes for Accenture’s ALIP and RGA’s AURA tool, two proprietary software development workflow and rules engine tools.  Candidate will provide interactions between the partners for vendor support for all application intake, Underwriting workbench and rules engine.  Perform project management and quality assurance roles for work requests opened with the vendors including a detailed roll out plan.  They will take support enhancements on a regular cadence, and version updates as needed. 

 

  • Able to maintain, administer, troubleshoot, and code for business needs on the ALIP and AURA toolset or other toolsets as needed.
  • Ability to administer the user roles for the two software suites
  • Initiating and maintaining vendor relationships, including system requirements and requested enhancements.
  • Perform quality assurance and User Acceptance testing on all Operations and Underwriting Technical Services applications in the model environment.
  • Communicate with business sponsors to ensure enhancements and upgrades are completely understood before implementing changes.
  • Familiarity with the Change Request Management System (CRMS) and can represent Operations and Underwriting at the Change Review meetings.
  • Knowledgeable in JIRA to support weekly work and agile software development methodology.
  • Act as Product Manager/Owner for new business application intake, underwriting rules engine and underwriting workflow systems for interdepartmental collaboration.

 

Requirements

 

  • Bachelor’s Degree and/or 10+ years experience
  • Model testing concepts, SQL Server Management Studio or related query language/tools, program management, Life Insurance terminology and concepts, and understanding Business Process Management (BPM)
  • Knowledgeable about Operation’s business practices and existing systems
  • Working directly with business partners and agile team to provide the best solutions to system issues and to maximize productivity
  • Experience with Microsoft tools
  • Knowledge of the various IOS businesses, systems and applications as well as Underwriting processes
  • Understanding the deployment process and the impact on business partners
  • Ability to make recommendations to agile teams based on value added ideas and concepts
  • Ability to prioritize enhancement requests based on business value
  • Ability to work with a sense of urgency in an aggressive, multi-tasking environment
  • Ability to research and develop new technical workflows or troubleshoot production issues and make recommendations for the improvement of existing processes to improve efficiency and productivity
  • Maintain, administer and develop systems utilized by multiple departments (ie Claims, New Business, Premium Collections, and Underwriting) within NYL Direct
  • Perform quality assurance on development efforts being completed by other members of the Technical staff, to deliver the expected business value and coordinate UAT efforts with other business partners
  • Ability to lead meetings and maintain open communication as Project Manager on assigned technology solutions including technical writing
  • Participates in user story, development and test case creation on new stories, and demo to business
  • Provide status reports on current development or quality testing efforts
  • Work to provide consensus with project team on decisions impacting project scheduled and scope
  • Create reports and analyze results to provide insight to upper management for decision making

 

 

 

EOE M/F/D/V

 

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*Based on revenue as reported by “Fortune 500, ranked within Industries, Insurance: Life, Health (Mutual),” Fortune Magazine, June 17, 2016.  See http://fortune.com/fortune500/  for methodology.

**Total surplus, which includes the Asset Valuation Reserve, is one of the key indicators of the company’s long-term financial strength and stability and is presented on a consolidated basis of the company.

 

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.


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