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 Monterrey 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 2016 operating earnings of $1.954 billion. Total assets under management at year end 2016, with affiliates, totaled $538 billion. As of year-end 2016, New York Life's surplus was $23.336 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 8/17/16).
Financial strength, integrity and humanitythe values upon which New York Life was foundedhave guided the company's decisions and actions for over 170 years.
This role is a Senior AssociateSolution Engineer for the MyNYL.com platform.
The resource will need to possess the adaptive design / responsive UI skillsets as well as a familiarity with the Adobe toolsets we will be leveraging and integrating.
Present project specific high-level solution design to Solution Architect through Architecture Review process
Works closely with test teams to ensure effective test strategies to support technical implementation
Actively collaborate with and align to information, data, security and infrastructure strategies.
Works with Enterprise Architecture team to ensure standards and best practices are being adhered to
Partners with Business stakeholders and IT Business Analysts and to review and understand business requirements
Translates business requirements and conceptual architectural design into high-level solution design
Ensures the alignment of architectural designs and solutions with the organizations business objectives and architectural standards, principles & patterns
Documents and reviews technical specifications with Systems Analysts
Facilitates and leads design review sessions and technical discussions
Coordinate with Systems Analyst to transform high-level solution design into detailed solution design
Supports initiatives through the entire solution delivery lifecycle from initial kickoff to production deployment, identifying potential technical risks and develops mitigation plans
Optionally supports Solution Architect in the evaluation and decision process of buy versus build, including packaged applications, SaaS and Cloud based offerings
Acts as a subject matter expert in assigned functional domain(s), technologies and applications
Stays current on emerging trends and technologies and integrates into technical solutions according to architectural standards
Stays current on NYL architectural standards - Identifies and suggests technical improvements in current systems
Work with Solution Engineers across NYL Technology that are building out or enhancing applications and solutions to provide mentorship, collaborate on the use of tools and methodology, and to share expertise to ensure scalable, quality end-to-end solutions that effectively solve business problems
Prepares system integration test plans within the development area.
Provides estimates for modifications to assigned function.
Leads walk through of code.
Assists in the evaluation of new and/or vendor provided software. Participates in Technical Reviews of new and existing business applications.
Prepares recommendations for continuous technical improvements in business functions.
Mentors team members in system intricacies and technical skills.
Applies technical knowledge to develop, implement, support and maintain complex applications systems.
Provides technical support for the applications architecture of a business function.
Recommends continuous technical improvements in business function.
Performs other duties as assigned to comply with Corporate Information mission and to enable the Company to increase revenue, be easier to do business with, reduce unit costs, reduce time to market and increase customer and agent satisfaction.
Assists in cross-training team members in system intricacies and improving team members' technical skills.
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Total surplus, which includes the Asset Valuation Reserve, is one of the key indicators of the company's long-term financial strength and stability and is presented on a consolidated basis of the company.
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.
New York Life