New York Life Work Values

Daily Duties at New York Life:

Financial Examiner on behalf of state insurance departments for financial solvency conditions of Fortune 500 insurance companies. Managed and maintained full responsibility of all phases of the financial review process including: • Investigated the specific financial records for line items such as contract loans, mortgage loans, investment income due and accrued, loss adjustment expense, and reinsurance payable on losses. • Verified and inspected bonds, preferred and commom stock, cash reserves, expenditures, assigned resources, and maintained accurate financial records for the program. • irected and participated in formal and informal meetings with senior management, trustees, counsels, and outside accountants in order to gather information and discuss findings. • Investigated activities of institutions in order to enforce laws and regulations and to ensure legality of transactions and operations or financial solvency. • Prepared reports, exhibits and other supporting schedules that detail an institution's safety and soundness, compliance with laws and regulations, and recommended solutions to questionable financial conditions. • Recommended actions to ensure compliance with laws and regulations, or to protect solvency of institutions. • Resolved problems concerning the overall financial integrity including loan investment portfolios, capital, earnings, and specific or large troubled accounts. Audits Completed Included: Metropolitan Life Insurance Company (New York, NY), New York Life Ins. Co.(New York, NY), General Reinsurance(Stamford, CT), ING (Atlanta, GA), General Electric (Richmond, VA), Genworth Financial, AXA (New York, NY), Royal SunAlliance, Scottish Reinsurance, and multiple subsidiaries. Results of Audit Regulation: Company Downsizing Large/Small scale, Fines & Penalties Assessed, Annual Statement Restatements/Adjustments, Non-Admitted amounts in the multi-millions

What they like about New York Life:

The social vibrance of a hiring firm is very important to you. Your ability to make and maintain friendships there is a critical part of your decision. You would likely be dissatisfied with a workplace that is quiet, cold, or otherwise not particularly social. When you investigate a new hiring company, ask recruiters, managers, and potential co-workers about the social life and opportunities there. This is especially important when you are relocating; moving dramatically alters your social sphere both inside and outside the workplace.

Tags

Financial, Focus, Audit, Compliance, Management, Planning, Certified Fraud Examiner, Financial Reporting, Financial Statements, Statutory, Specialized experience in the claims, market conduct, financial auditing, risk focused financial analysis, identification and ensured robust testing of controls, and fraud investigations. Extensive experience in planning, budget analysis and tracking. Steeped in risk project management, Statutory Accounting Principles, regulatory compliance, and special expertise and solid performance in financial audit program management. Handling complex claims of multiple lines with focus on injury cases and property damage., Claims Management

Skills

(1)MS Office (2)Excel (3)Word (4)Outlook (5)TeamMate (6)Utilized Exam Audit Software from Fortune 100-500 Insurance Companies (7)Xactimate 28 (8)Excellent Computer Skills (9)Team Manager (10)Team Leadership (11)Work well with others (12)Professional Writ

These are some of the questions we asked our climbers about their experiences with New York Life: