Stable Value Analyst

Job Description

Requisition ID

94354

Department

Institutional Annuities

Job Function

Institutional Annuities

Location

Jersey City,New Jersey,United States

Role Location Designation

Hybrid - 3 days per week

Location Designation: Hybrid - 3 days per week

Business Unit Overview:

Institutional Annuities is New York Life's growing specialized annuity business, helping millions of Americans build financial security for retirement. We partner with leading asset managers to deliver innovative retirement and investment solutions to corporations, government organizations, and educational institutions. Backed by New York Life's financial strength, we help organizations manage risk and provide retirement security through solutions including stable value investments and pension risk transfer.

Role Overview:

As a Stable Value Analyst, you'll launch your career by gaining hands-on experience across investments, retirement solutions, and client support. You'll work alongside experienced professionals to analyze data, support business initiatives, improve processes, and help deliver solutions for institutional clients. This role offers broad exposure to investment operations, underwriting, contract management, and relationship management while building the technical and business skills needed for a future client-facing career.

What You’ll Do:

Contribute to process efficiency improvements and innovation efforts by leveraging Excel, reporting tools, and emerging technologies to improve efficiency and data quality

Assist in the preparation and maintenance of analytical reports, dashboards, and presentations for internal stakeholders

Perform data analysis and research to support underwriting reviews, client requests, business initiatives, and operational projects

Assist with monitoring market trends, competitor activity, and industry developments relevant to stable value products and retirement plans

Establish ownership of business processes through guided training and development of business scripted workflows

Partner with colleagues across Investments, Finance, Operations, Risk Management, and Technology to support business objectives

Support business development initiatives by preparing market research, competitive intelligence, and industry analysis related to stable value products and retirement plans.

Build knowledge of stable value products, wrap contracts, investment strategies, and associated business risks.

What You’ll Bring:

Bachelor's degree in Economics, Mathematics, Actuarial Science, Marketing, Business Analytics, Data Science, or a related field.

2 years+ of experience in financial services, investments, insurance, analytics, or a related environment

Strong analytical and problem-solving skills with attention to detail

Effective written and verbal communication skills

Ability to manage multiple priorities and work collaboratively in a team environment

Demonstrated curiosity and willingness to learn new technologies, business concepts, and investment products

Preferred Qualifications

Experience in Python, Tableau, SQL, or other analytical tools

Exposure to LLMs and their related advanced tooling, Github, Databricks, etc.

Familiarity with retirement plans, fixed income investments, or insurance products

Progress toward or interest in professional designations such as CFA, ASA, or related certifications

Pay Transparency

Salary Range: $70,000-$85,000

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.

Company Overview

At New York Life, our 180-year legacy of purpose and integrity fuels our future. As we evolve into a more technology-, data-, and AI-enabled organization, we remain grounded in the values that drive lasting impact.

Our diverse business portfolio creates opportunities to make a difference across industries and communities - inviting bold thinking, collaborative problem-solving, and purpose-driven innovation. Here, you’ll find the rare balance of long-standing stability and forward momentum, supported by an inclusive team that honors tradition while embracing progress.

As a Fortune 100 mutual company, we offer a place to grow your skills, contribute to meaningful work, and deliver solutions that matter. Your ideas drive what’s next, and your growth powers it.

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 here to discover more about our comprehensive benefit options or visit our NYL Benefits Site.

Our Commitment to Inclusion

At New York Life, fostering an inclusive workplace is fundamental to who we are and how we serve our communities. We have a longstanding commitment to creating an environment where individuals can contribute their best and succeed together. This foundation is rooted in our core values of humanity and integrity, ensuring that every employee feels valued and supported. By embracing a broad range of perspectives and experiences, we achieve greater success and fulfill our promise of providing financial security and peace of mind to families across all communities. Click here to learn more about New York Life’s leadership in this space.

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.

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.

Job Requisition ID: 94354