What are the responsibilities and job description for the Associate - Treasury Forecasting Analyst position at New York Life?
Location Designation : Hybrid - 3 days per week
This role sits within the Treasury Operations team of Treasury and FP&A in Corporate Finance. You will be part of a fast-paced and dynamic team primarily responsible for performing cash forecasting responsibilities for the Company and subsidiaries, while interacting with a variety of internal business units and external banking partners.
Responsibilities
- Development of daily cash forecasts for NYL and its insurance subsidiaries, consisting of the consolidation of operational business and investment projections and updating for actual results
- Prepare a weekly cash forecast and present results to NYL Investors, the Office of the Chief Investment Officers and business unit representatives
- Updating and distribution of the annual forecast on a monthly basis
- Support the Treasurer with ongoing liquidity projections
- Liaise with various teams across the enterprise to enhance projections and understand variances
- Be a key point in responding to ad-hoc report requests and forecasting-related inquiries
- Support the offshore team with their cash forecasting responsibilities as needed
- Collaborate with IT to enhance and streamline processes where applicable
- Contribute and assist in the planned migration to a new cash forecasting system
- Provide support to other Treasury Operations teams as needed
Qualifications
Pay Transparency
Salary Range : $62,400-$90,000
Overtime eligible : Exempt
Discretionary bonus eligible : Yes
Sales bonus eligible : No
Actual base salary will be determined based on several factors but not limited to individual's experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.
Our Benefits
We provide a full package of benefits for employees - and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work.Click hereto discover more about our comprehensive benefit options or visit our NYL Benefits Site.
Our Diversity Promise
We believe in a diverse workforce because it is our mission to advocate for the financial security and success of people in every community. This is why diversity, equity, and inclusion (DEI) are guiding principles that are embedded in our brand and our culture. Click here to learn more about how we have been recognized for our leadership.
Recognized as one of Fortune's World's Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.
Job Requisition ID : 91498
About NY Life Insurance Company
Diversity & Humanity-two values that are deeply rooted in the New York Life culture and have laid the foundation for over 175 years of commitment to our employees, agents, policy owners, and the communities where we live and work. At New York Life you become a valued part of a welcoming, inclusive, and caring culture that has a long-standing legacy in stability and growth. The strength of New York Life revolves around our diversified, multi-dimensional business portfolio that goes beyond life insurance, and we want you to be a part of our legacy.
As a Fortune 100 company and industry leader, we provide an environment where you can explore your career ambitions, offering opportunities to tackle meaningful challenges and stretch your skills while balancing work and life priorities. You will be part of a diverse team guided by our belief to always be there for each other-providing the support and flexibility to grow and reach new heights while making an impact in the lives of others.
You are our future, and we commit to investing in you accordingly.
Visit our Linkedin to see how our employees and agents are leading the industry and impacting communities.
Visit our Newsroom to learn more about how our company is constantly evolving to meet our clients' and employees' needs.
Required Legal Notices - All Candidates Please Click Here
Salary : $62,400 - $90,000
