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New York Life Insurance Company · 1 day ago

Senior Associate - Derivative Accounting & Reporting

New York, NY

Full-time

Hybrid

Senior Level

$90K/yr - $139K/yr

New York Life Insurance Company is a Fortune 100 mutual company with a legacy of purpose and integrity. They are seeking a Senior Associate – Derivative Accounting & Reporting to manage the accounting and reporting of derivatives, ensuring compliance and improving efficiency in their accounting system.

FinanceFinancial ServicesInsurance

H1B Sponsor Likely

Responsibilities

Provide monthly accounting and reporting of the derivative portfolio for the general account, separate account and NYLE in accordance with SSAP 86, ASC 815 and the Investment Accounting Policy

Prepare and review investment committee schedules on a quarterly basis within tight deadlines

3 Quarterly reporting deliverables including regulatory schedules, derivative program analysis, board reporting, and Controllers book

Work with our co-sourcing partner to ensure the Schedule DB’s are accurately reported and review reconciliations provided by the co-sourcing partner

Ensure SOX compliance including developing, documenting, testing, and reviewing controls and procedures

Assist derivative team with various projects geared towards improving the efficiency of our derivatives accounting system

Provide variance analysis and other analytics for various business areas regarding the accounting for the various derivative programs

Qualification

Derivative AccountingCPASSAP 86ASC 815Microsoft ExcelSOX ComplianceAnalytical SkillsAI toolsTeam Collaboration

Required

Bachelor's degree in Accounting

Proficiency in Microsoft Office, with strong working knowledge of Excel

Knowledge of Derivatives preferably accounting for derivatives

Preferred

CPA a plus

Familiarity with A I tools (Copilot, ChatGPT) 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.

Founded in 1845

New York, New York, USA

10001+ employees

https://www.newyorklife.com/

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 (123)

2024 (99)

2023 (85)

2022 (77)

2021 (48)

2020 (65)