Group Insurance Policy Forms Analyst

New York Life Insurance Co

White Plains, NY

JOB DETAILS
SALARY
$62,400–$80,000 Per Year
SKILLS
Analysis Skills, Artificial Intelligence (AI), Communication Skills, Contract Creation, Health Insurance, Insurance, Insurance Documentation, Insurance Regulations, Internet Research, Legal, Legal Research, Life Insurance, LinkedIn, Microsoft Office, Negotiation Skills, Newsroom, Policy Analysis, Policy Development, Presentation/Verbal Skills, Problem Solving Skills, Regulations, Team Player, Time Management, Volunteer Experience, Writing Skills
LOCATION
White Plains, NY
POSTED
30+ days ago

Location Designation: Hybrid - 3 days per week

Role Overview:

The Associate, Group Insurance Policy Forms Analyst role will be primarily responsible for the preparation, drafting, review and issuance of contract forms. Also, this individual may be responsible for the submission of these forms to applicable insurance departments, when necessary, and respond to departmental objections/questions to negotiate and secure form approval. While the main objective will be preparation and drafting of policy forms in a timely manner, the Group Insurance Policy Forms Analyst will also be actively involved in assisting with other related general contractual issues within the Division, including related filing and compliance projects.

What You'll Do:

  • Develop and draft various contract forms, specific to group life and health insurance and blanket accident/accident medical insurance, and related documents for the issuance to group policyholders and certificate holders via third party administrators.
  • Research and review laws and regulations and analyze the impact on the Division's contract forms.
  • Determine contractual modifications needed because of legislative requirements and/or changes.
  • Review, prepare and submit SERFF filings; negotiate approval of product filings from State Insurance Departments.
  • Collaborate and communicate with individuals from various areas within the Company (particularly with Contract unit members) in addressing drafting, filing and compliance issues and questions.
  • Assist with the implementation of other general filing and/or compliance initiatives.

What You'll Bring:

  • Bachelor's degree or equivalent experience
  • 3 to 5 years of relevant experience in the insurance industry preferred
  • Strong knowledge of insurance products and insurance laws (preferably group life and health insurance and blanket accident/accident medical insurance)
  • Experience filing insurance products via SERFF a plus
  • Working knowledge of online insurance research resources such as Wolters Kluwer/Westlaw a plus
  • Legal/compliance background a plus
  • Strong research, analytical and reasoning abilities
  • Detail oriented with exceptional organizational skills
  • Excellent oral and written communication skills
  • Proficient with Microsoft Office suite of products

#LI-MS5

#LI-HYBRID

Pay Transparency

Salary Range: $62,400-$80,000

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. Were 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: 93832

About the Company

N

New York Life Insurance Co

There are few Fortune 100 companies as renowned as we are for our diverse culture, training, and career opportunities. So it should not be surprising that when you work at New York Life—whether as an agent or one of our valued corporate employees—you’re backed by unyielding support, development, and resources. Start here to discover the right career track for you.
COMPANY SIZE
10,000 employees or more
INDUSTRY
Insurance
EMPLOYEE BENEFITS
401K, Retirement / Pension Plans
FOUNDED
1845
WEBSITE
https://www.newyorklife.com