SENIOR ASSOCIATE, Competitive Intelligence

New York Life
Oct 18, 2016
Oct 19, 2016
Employer Type
Direct Employer
Employment Type
Full Time
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 Monterey 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 2015 operating earnings of $1.875 billion. Total assets under management at year end 2015, with affiliates, totaled $528 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 8/11/15).

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.

**General Profile:**

* Serve as a life insurance competitive product expert, possessing a strong understanding of allaspects of life insurance products and the industry landscape
* Provide individualized assistance to our career agency field force via a dedicated toll-free phoneline. Support New York Life's career Agency field force by analyzing competitive cases
* Interact with New York Life Insurance Agents and Field Managers, as well as wholesalers toprovide competitive case and industry analysis and make recommendations to win cases
* Research and produce a variety of support documentation to assist agents in competitive salessituations. Stay abreast of industry news and regulation affecting the life insurance industry andmonitor marketplace trends
* Track and provide weekly and monthly reports on case work
* Develop materials to communicate competitive issues and case studies
* Disseminate appropriate information to Field and sales personnel
* Liaise with New York Life's internal departments to gain updated industry and competitorinformation

**Functional Knowledge:**

* Bachelors Degree
* Series 6 Preferred
* 5+ years in a competitive intelligence capacity or comparable Financial Services setting.
* Strong written and verbal communication skills. Strong presentation skills.
* Must be analytical with high degree of accuracy and attention to detail
* Comfortable working under pressure, often dealing with short turn-around time
* Strong knowledge of individual life insurance products.
* Understanding of career agency field operations and the life insurance sales process
* Self-motivated individual with ability to work on multiple projects simultaneously
* Strong PC skills including MS Word, Excel, PowerPoint, and Access




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*Based on revenue as reported by "Fortune 500, Ranked within Industries, Insurance: Life, Health (Mutual)," Fortune Magazine, June 15, 2015. See for methodology.

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.

*Date:* Sep 27, 2016

*Location:* Sleepy Hollow, NY, US

*Company:* New York Life Insurance Co

*Job Segment:* Accounting, Finance

*Nearest Major Market:* White Plains

*Nearest Secondary Market:* New York City ec001919cdb11ea806a0c55