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The Associate Auditor is responsible for planning, scoping, and executing audits of insurance operations and advisory services. This includes documenting business processes, identifying risks and controls, and executing audit tests to evaluate internal controls.
Requirements
Candidates should have a bachelor's degree in a quantitative field and one to three years of relevant audit experience, preferably in financial services. Proficiency in risk and control concepts and familiarity with data analytics tools like Tableau or AI tools is preferred.
Full job description
Location Designation: Hybrid - 3 days per week
Associate Auditor
Role Overview:
New York Life’s Audit Department is accountable to the Audit Committee of the Board of Directors, the Chief Executive Officer, and senior management. The Audit Department is responsible for evaluating the effectiveness of the control environment for the firm’s many lines of business. Audits are scheduled and conducted according to a risk-based approach. Advisory services are also provided at the request of management.
The Corporate Audit Department is comprised of approximately 50 auditors that review insurance, investments, information technology, financial reporting, agency, corporate functions and fraud. The Associate position will play an important role in planning, scoping, control analysis and testing, and reporting. The position will be based at the Company’s headquarters in New York City and expected to follow a hybrid schedule of onsite and remote. The position will report directly to a Corporate Vice President on the Strategic Business Insurance audit team. The role focuses on audits of insurance operations and advisory services.
What You’ll Do:
· Participate in the planning, scoping, and execution of the audits using department methodology under the direction of an audit manager.
· Lead and participate in walkthroughs with stakeholders to document business processes and identify risks and controls.
· Document the risks and controls in flowcharts and narratives.
· Design and execute audit tests to evaluate internal controls over key risks.
· Document audit observations and findings and follow up with stakeholders as needed.
· Document all audit work in the department's audit management platform.
What You’ll Bring:
· Bachelor’s degree in Finance, Accounting, Economics, or other quantitative disciplines preferred; other bachelor’s degrees may be considered.
· One to three years of relevant audit experience, preferably within financial services or a similar regulated environment.
· Knowledge of risk and control concepts in the context of internal audit. Knowledge of the second- and third-line functions within an organization.
· Well-developed analytical skills and attention to detail.
· Effective verbal and written communication skills, with the ability to collaborate effectively with team members and stakeholders.
· Enthusiastic, self-motivated, and effective under pressure.
· Ability to multi-task, complete projects on time, and adjust to changing priorities. Ability and desire to learn quickly, be flexible and think strategically.
· Familiarity with data analytics, data visualization, and AI tools; experience with applications such as Tableau, Claude, Microsoft Copilot, or ChatGPT is a plus.
#LI-VL1 #LI-HYBRID
· Willingness to travel domestically on occasion (less than 10%)
Pay Transparency
Salary Range: $65,000-$90,000
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 hereto 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.
For over 180 years, we’ve helped turn your biggest dreams into milestones that last a lifetime. As a mutual company we hold ourselves to the highest standards of transparency, objectivity, and integrity. We’re committed to improving local communities through a culture of giving and volunteerism, supported by our own New York Life Foundation.
Join a company that values development, career growth, collaboration, innovation, and diversity & inclusion. Through various resources and programs, you can grow your career while developing personally and professionally.
Your life. New York Life. More powerful, togetherᵀᴹ.
Insurance • Investments • Retirement • Advisory Services
New York Life is an Equal Opportunity Employer - M/F/Veteran/Disability/Sexual
Orientation/Gender Identity
Investments are offered through NYLIFE Securities LLC (Member FINRA/SIPC), a Licensed Insurance Agency. Advisory services are offered through Eagle Strategies LLC, a Registered Investment Adviser. NYLIFE Securities LLC and Eagle Strategies LLC are New York Life Companies. Not all New York Life agents are licensed to offer investments or advisory services. Only those agents who disclose their affiliation with NYLIFE Securities LLC and/or Eagle Strategies LLC are credentialed to provide the respective products and services.
Read our disclaimers: https://nyl.co/socialmedia
Offices: 51 Madison Avenue, New York, New York 10010, US
Life Insurance Retirementand InvestmentsFinanceConsultingInsuranceFinancial Services
For over 180 years, we’ve helped turn your biggest dreams into milestones that last a lifetime. As a mutual company we hold ourselves to the highest standards of transparency, objectivity, and integrity. We’re committed to improving local communities through a culture of giving and volunteerism, supported by our own New York Life Foundation.
Join a company that values development, career growth, collaboration, innovation, and diversity & inclusion. Through various resources and programs, you can grow your career while developing personally and professionally.
Your life. New York Life. More powerful, togetherᵀᴹ.
Insurance • Investments • Retirement • Advisory Services
New York Life is an Equal Opportunity Employer - M/F/Veteran/Disability/Sexual
Orientation/Gender Identity
Investments are offered through NYLIFE Securities LLC (Member FINRA/SIPC), a Licensed Insurance Agency. Advisory services are offered through Eagle Strategies LLC, a Registered Investment Adviser. NYLIFE Securities LLC and Eagle Strategies LLC are New York Life Companies. Not all New York Life agents are licensed to offer investments or advisory services. Only those agents who disclose their affiliation with NYLIFE Securities LLC and/or Eagle Strategies LLC are credentialed to provide the respective products and services.
Read our disclaimers: https://nyl.co/socialmedia
Offices: 51 Madison Avenue, New York, New York 10010, US
Life Insurance Retirementand InvestmentsFinanceConsultingInsuranceFinancial Services