Job Requisition ID: 90856
Location Designation: Fully Remote
Group Benefit Solutions delivers comprehensive insurance and absence management solutions for mid-sized and large companies. Our work fosters a healthier, happier, and more secure workforce, contributing to New York Life’s legacy of being there when we’re needed most. Here, you'll design, implement, and support these solutions directly impacting employees’ lives. At our core, we provide financial security and peace of mind to people through our absence, accident, disability, voluntary benefits, and life insurance solutions. Click here to learn more about Group Benefits solutions.
Role Overview:
We are seeking a highly analytical and detail-oriented Data Analyst to join our team. The successful candidate will play a critical role in analyzing trends, producing actionable insights, and coordinating data-driven decisions for NYL offices and broker partners. The position requires collaboration with various internal stakeholders, including PRD, legal, distribution leadership, and external partners. This role involves data analysis, content creation, presentation organization, and contract management.
What You’ll Do:
Data Analysis & Reporting:
- Review producer statistics for trends, identifying key data points, and collaborate with Producer Relations Director to recommend action items for underperforming NYL offices.
- Analyze trends in persistency, growth, sales, and close ratios, providing insights and recommendations for improvement.
- Review off-cycle renewal terms and assess potential impacts.
- Conduct detailed analysis of brokers using General Agents (GA), Centers of Excellence (COEs), third parties, and technology platforms.
- Analyze competitor compensation plans, rates, and product offerings to identify competitive positioning opportunities.
- Assess annual broker bonus program qualifications, identifying gaps and improvement areas.
Content Creation & Presentation Development:
- Create and organize content for stewardship meetings, collaborating with internal partners to gather necessary data and insights.
- Develop PowerPoint presentations, incorporating new technologies and visual elements to enhance audience engagement.
- Translate complex data outputs into easily digestible graphs, charts, and visuals for both internal and external stakeholders.
- Condense and simplify content for presentation at both internal strategy sessions and external partner meetings.
- Contract Management & Negotiation Support:
- Assist in facilitating contract negotiations between legal teams and producer partners, redlining documents as needed.
- Work with legal teams to update contracts, track amendments, and maintain contract documentation.
- Prioritize and track broker and field contract requests, facilitating updates and changes with legal.
- Coordinate and track NDAs, MSAs, and Security Protocol requests to ensure compliance.
Communication & Coordination:
- Collaborate with internal NYL partners to ensure smooth communication and workflow across teams, particularly related to stewardship and broker meetings.
- Organize and maintain updates to broker toolkits and communicate changes on The Square platform.
- Catalogue and summarize PRD updates for distribution and leadership concerning broker meetings and stewardship sessions.
- Maintain resource pages for broker communications, ensuring all content is up to date and accessible.
- Coordinate with field and distribution leadership on upcoming training and program initiatives.
Event Coordination:
- Organize logistics for key events, including booking meeting rooms, coordinating lodging, transportation, meals, and event materials.
- Support NYL teams with post-event wrap-ups and action plans, ensuring all necessary follow-up steps are taken.
- Facilitate coordination for broker meetings and forums, securing attendance, finalizing logistics, and managing follow-up processes.
What You’ll Bring:
- Bachelor’s degree in Business, Data Science, Statistics, or a related field.
- 3+ years of experience in data analysis, preferably in the insurance or financial services industry.
- Strong understanding of data analytics techniques, including trend analysis and reporting.
- Advanced proficiency in data visualization tools (e.g., Excel, Power BI) and presentation tools (e.g., PowerPoint).
- Excellent organizational and project management skills.
- Strong verbal and written communication skills with the ability to simplify complex data for various audiences.
- Familiarity with contract management and legal document processes is preferred.
- Ability to work collaboratively with cross-functional teams and manage multiple projects simultaneously.
- Attention to detail and a proactive, solution-oriented mindset.
It is recommended that all qualified candidates apply to this posting as soon as possible. Residents of Colorado are hereby notified that the deadline to apply is 2 weeks from the Posting Date listed above.
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Pay Transparency
Salary range: $95,000-$120,000
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.
Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications, and job location. In addition to base salary, employees may also be eligible to participate in an incentive program.
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 Diversity Promise
We believe in a diverse workforce because it is our mission to advocate for the financial security and success of people in every community. This is why diversity, equity, and inclusion (DEI) are guiding principles that are embedded in our brand and our culture. Click here to learn more about how we have been recognized for our leadership.
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.
Job Requisition ID: 90856
