New York Life Insurance Company · 1 month ago
Associate, Settlements Operations
New York,New York,United States
Full-time
Hybrid
Entry Level
$58K/yr - $82K/yr
1+ years expNew York Life Insurance Company is a Fortune 100 mutual company with a 180-year legacy of purpose and integrity. They are seeking an entry-level associate to carry out daily assignments in Settlements Operations, requiring interaction with Traders, Counterparties, and Custodians.
FinanceFinancial ServicesInsurance
Responsibilities
Confirm trade details, provide trade allocations, and work with Trading Desk and Counterparties to rectify any trade discrepancies
Reconcile all trade activity pre/post settlement date
Create outgoing wire requests for Private and OCIO teams
Liaise with the Traders, Treasury, and Custodian Banks on all settlement matters
Analyze and resolve exceptions, reconciliation differences, and issues
Learn and maintain a working knowledge of all functions performed by the group to provide back up as necessary
Develop and update detailed functional procedures
Develop and present ideas for procedural changes to enhance efficiency, reduce costs, and/or improve controls
Assist with testing plans and document results
Qualification
Required
College degree in a Business related field required
GPA of 3.4 and above required
High competence level with Microsoft Office tools
Preferred
Open to recent college graduate with internship experience
1+ years of Settlement Operation's experience in an Insurance Company or Investment Management firm 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
Represents job field similar to this job
Trends of Total Sponsorships
2025 (149)
2024 (99)
2023 (85)
2022 (77)
2021 (48)
2020 (65)
Funding
Current Stage
Late StageLeadership Team
Don Vu
Senior Vice President, Chief Data & Analytics Officer
Deepa Soni
Executive Vice President and Chief Information Officer
Recent News
2026-01-13
2026-01-05
Insurance News in the United States
2025-12-13
Company data provided by crunchbase