Senior Associate - Project ManagerNew York Life Insurance Company - New York City, NY
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 humanity—the values upon which New York Life was founded—have guided the company's decisions and actions for over 170 years.
The Retail Life Program Management Office (PMO) is seeking to hire a Senior Associate, Project Manager with Agile experience. The Senior Associate Project Manager will play a key role in supporting the Life Product Development process from inception to market delivery for projects within the Life Product portfolio. The position reports into the Retail Life PMO Team Lead and is based in the New York City corporate headquarters.
*Responsible for providing project management facilitation by partnering with Life Product cross-functional core teams to ensure all deliverables are produced on time and with quality results. *Responsible for partnering with the Team on the delivery of multiple strategic initiatives using SDLC (Waterfall) and Agile/Lean methodologies. *Assist with the implementation of PMO capabilities by facilitating the use of standard project management tools and processes. *Development of the integrated master project plan including all interdependencies and overseeing the day-to-day activities for proper project tracking and reporting of all deliverables. *Manages and collaborates with the project core teams and key stakeholders in detecting and documenting possible risks and issues; all changes to scope and/or schedule; mitigates/escalates as needed to resolve and achieve commitments from all key stakeholders. *Ensures project status is pro-actively communicated to all key stakeholders via daily stand-ups, project meeting minutes and weekly project status reports that reflect the status of assigned projects and ensures project information is regularly shared, reviewed and discussed with all project core team members and key stakeholders. *Supports and manages any ad hoc project requests, as required. *Responsible for governance forum including scheduling, communications, gathering, reviewing, consolidating, and distributing governance materials. Documents governance meetings' summaries and manages follow-ups. Has a strong sense of ownership and ensures all deadlines are met with high quality in accordance with the governance calendar for each governance forum.
*4+ years of relevant experience in Project Management within the Insurance/Finance Industry preferred. *Bachelor's degree required. *Project Management professional (PMP) certification preferred. *Certified Scrum Master (CSM), Certified Scrum Product Owner (CSPO) certification or a complementary Agile/Lean certification preferred. *Excellent analytical skills, independent thinking and ability to exercise prudent judgment. *Knowledge of Agile tools such as JIRA, TFS or Rally preferred. *Experience is supporting project/portfolio governance processes. *Strong written and verbal communication skills. *Able to manage multiple deadlines and competing priorities in a fast-paced environment. *Flexible and adaptable in responding to changing priorities. *Strong team player who can work across organizations and teams to produce high quality project management and governance outcomes
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*Based on revenue as reported by Fortune 500, ranked within Industries, Insurance: Life, Health (Mutual), Fortune Magazine, June 17, 2016. See http://fortune.com/fortune500/ for methodology.
**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.
33 days 12 hours ago
applySenior Associate - Project Manager New York Life Insurance Company - New York City, NY, United States
New York Life Insurance has been providing life insurance policies in the Big Apple since it was a tiny seed. While the top mutual life insurer in the US has branched out a bit, it retains its core business: life insurance and annuities. Its products include long-term care insurance and special group policies sold through AARP and other affinity groups and professional associations. New York Life Investments' offerings include mutual funds for individuals and investment management services for institutional investors. Through New York Life International, the firm provides life policies in overseas markets. Founded in 1841, New York Life is owned by its policyholders.
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