New York Life Insurance Company · 2 weeks ago
Corporate Vice President, Finance, Individual Disability Insurance Valuation Actuary
United States
Full-time
Remote
Mid, Senior Level
$133K/yr - $190K/yr
6+ years expNew York Life Insurance Company is seeking a Corporate Vice President for their newly created Individual Disability Insurance department. The role involves managing the valuation function for the MyIncome Protector product and collaborating with various business and finance functions to develop and maintain a valuation platform.
FinanceProperty & Casualty InsuranceFinancial ServicesInsurance
Responsibilities
Development and maintenance of valuation models and related tools
Valuation assumption setting and maintenance of appropriate assumptions as experience emerges
Calculation of active life and disabled life reserves, along with establishment of procedures to establish other reserves such as incurred but not reported (IBNR) reserves
Working with the product and pricing team, to implement new initiatives into the valuation model
Working closely with Finance and third-party administrator to ensure required reserve information is accurate and can be incorporated into the valuation model
Assist with the creation of management reports, and generation of insights on subjects such as morbidity, lapse, and asset performance
Collaborating with Finance, CFO, and Controller to understand the drivers of earnings and emerging trends
Partner with the pricing team to begin development of experience studies
Qualification
Required
Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, or a related field
6+ years of actuarial experience, preferably in insurance, financial services, or consulting
Familiarity with U.S. Statutory financial reporting and management reporting, as they pertain to products with a morbidity component (Individual Disability, Long Term Care, or Group Disability products)
Strong business partnering and communications skills
Excellent project management skills, including ability to manage multiple complex priorities simultaneously and meet demanding deadlines
Ability to work independently and to research solutions and best practices
Professional integrity
Preferred
Actuarial credentials required; FSA preferred
Experience with Prophet actuarial modeling software is a plus
Benefits
Leave programs
Adoption assistance
Student loan repayment programs
Company
New York Life Insurance Company
For over 180 years, we’ve helped turn your biggest dreams into milestones that last a lifetime.
10001+ employees
H1B Sponsorship
New York Life Insurance Company has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
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Trends of Total Sponsorships
2025 (149)
2024 (99)
2023 (85)
2022 (77)
2021 (48)
2020 (65)
Funding
Current Stage
Late StageLeadership Team
Craig DeSanto
CEO
Sai Cherla
SVP and COO Technology, Data, AI and Ventures
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