Job Description

Location Designation: Hybrid - 3 days per week 

Role Overview: 

At New York Life, our Pension Risk Transfer (PRT) business helps institutions secure the retirement futures of thousands of individuals. As part of the PRT Installation team, you’ll transform complex pension data into lasting financial security. You’ll play a vital role in ensuring every participant’s benefit is calculated accurately, every system functions seamlessly, and every client experience reflects the trust they’ve placed in New York Life.

What You'll Do: 

• Lead the setup and maintenance of participant data for group annuity contracts; manage client meetings to track progress and resolve data issues.
• Analyze and reconcile large participant datasets to ensure alignment across actuarial, pricing, and policy systems.
• Calculate complex benefit illustrations such as lump sums, QDRO splits, and census-based premium adjustments.
• Standardize and convert census data for use in pricing models and system configurations.
• Interpret group annuity contract provisions and support Service team in benefit quotation processes.
• Collaborate with actuaries, IT, and business partners to ensure system accuracy during installations and conversions.
• Support service teams with participant inquiries and technical questions, including claims and death processing.
• Contribute to process improvements, system testing, and continuous enhancement initiatives to support installation efficiency.
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What You'll Bring: 

• Bachelor’s Degree required; strong analytical and quantitative aptitude.
• 2+ years of experience in data analysis, actuarial support, or financial operations — or a strong quantitative background with demonstrated problem-solving skills.
• Strong oral and written communication skills. Must be able to effectively communicate with various internal/external clients and teams at different levels.
• A positive attitude and a willingness to work as a member of a close-knit team.
• Knowledge of, or a desire to learn, the provisions of group annuity contracts and ability to interpret them and perform related mathematical calculations.
• Accountable, ethical, good decision-making ability.
• Proficiency with Excel and data reconciliation required; familiarity with programming or database tools (SQL, Python, or similar) a plus.
• Experience with defined benefit pension plans a plus.
• Display an interest in understanding how pension promises are transformed into secure lifetime income.
• Ability to take the lead on specific projects.
• Ability to work independently while remaining flexible to meet team goals.
• Proactive in identifying issues and developing creative solutions.
• Comfort working in a fast-paced, highly collaborative environment with exposure to senior leaders and cross-functional partners.

Professional Development and Growth

This role provides a strong foundation for future career growth within New York Life’s Institutional Annuities business. You will:

• Gain deep expertise in institutional annuity products and pension plan structures.
• Be exposed to experienced actuaries, data engineers, and client relationship managers.
• Build both technical and leadership skills in a high-impact business that continues to expand rapidly in scale and strategic importance.

Why Join Us

You’ll be part of a purpose-driven team committed to helping institutions deliver on their retirement promises. You’ll combine analytical precision with operational excellence — and see firsthand how your work translates into real financial security for retirees across the country.

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Pay Transparency

Salary Range: $60,000-$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 . 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 .

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: 93162

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