New York Life Insurance Co

Manager, Life Claims Processing 94689

New York Life Insurance Co • $75K — $105K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3+ years of experience in claims handling and/or people leadership
  • Proven ability to lead and develop teams with ongoing feedback and recognition
  • Strong understanding of life insurance products and their claims processing implications
  • Experience managing workflow to meet operational targets and deadlines
  • Excellent communication and relationship management skills, including conflict resolution

Responsibilities

  • Lead and develop a team of 8-10 service professionals through coaching and performance management
  • Drive a positive customer experience by ensuring timely and accurate claim processing
  • Manage execution and workflow for line-of-business work requests, monitoring targets and deadlines
  • Collaborate with HR on recruiting strategies and candidate selection
  • Review and approve claim payments up to $3M in alignment with policy and risk standards

Benefits

  • Comprehensive benefits package including leave programs and adoption assistance
  • Student loan repayment programs
  • Ongoing refinement of benefits based on employee feedback
  • Support for work-life balance with a hybrid work schedule
Full Job Description
Location Designation: Hybrid - 2 days per week

Role Overview

The Life Claims Processing Manager plays a key role in delivering on these promises by leading a team responsible for processing life claim payments and ensuring a positive, low-effort customer experience for beneficiaries, agents, and policyholders. This role oversees day-to-day execution of line-of-business work requests, drives performance against service targets, and develops talent through coaching and support.

Our Claims team has strong synergy across more than 70 Service Professionals located in New York, Dallas, and Cleveland. This position follows a hybrid schedule requiring in-office work Tuesday and Thursday, with remote work Mondays, Wednesdays, and Fridays.

What You'll Do
• Lead and develop a team of 8-10 service professionals through regular 1:1 coaching, performance management, and team meetings to improve quality, accuracy, and customer outcomes.
• Drive a positive, low-effort customer experience by reinforcing service standards, removing barriers, and ensuring timely, accurate processing of life claim payments.
• Manage execution and workflow for line-of-business work requests, monitoring targets, standards, and deadlines and ensuring team accountability to deliverables.
• Partner with HR on hiring by supporting recruiting strategy, reviewing resumes, interviewing candidates, and participating in offer decisions to build and retain strong talent.
• Exercise payment review authority (Delegation of Authority up to $3M) by reviewing and approving claim payments in alignment with policy, controls, and risk standards.

What You'll Bring

You bring a strong blend of claims/operations knowledge and people leadership. You're comfortable setting clear expectations, coaching for performance, and delivering results through others. You communicate clearly and confidently, build trusted relationships across teams, and use sound judgment to solve problems, manage risk, and keep work moving forward.

Required Skills
• 3+ years of relevant experience in claims handling and/or people leadership (coaching, development, performance management)
• Demonstrated ability to lead and develop teams, including ongoing feedback, recognition, and corrective action when needed
• Strong understanding of life products and key features of plan types and various riders and their impact on claims processing
• Proven ability to manage workflow and deliver against targets, standards, and deadlines in an operations environment
• Excellent communication and relationship management skills, including conflict resolution and collaboration across functions
• Strong problem-solving and judgment, including attention to detail and comfort operating within established controls

Preferred Skills
• Bachelor's degree
• Experience using New York Life administration systems
• Working knowledge of Service partner teams (e.g., Relationship Management, Advanced Service, Onboarding, Retention, Correspondence)
• Experience presenting or driving strategic initiatives and generating buy-in at multiple organizational levels

Pay Transparency

Salary Range: $75,000-$105,000

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.

Please note: This role requires FINRA licensed and/or FINRA Associated Person pre-hire fingerprinting.

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.

Job Requisition ID: 94689

About New York Life Insurance Co

New York Life Insurance Company is a mutual life insurance company in the United States and one of the life insurers in the world, ranking #88 on the 2014 Fortune 500 list with over $540 billion in total assets under management, and more than $19 billion in surplus and AVR. New York Life and its subsidiaries provide insurance, investment, and retirement solutions. For 175 years, the company has been helping people put their love into action. It was founded in 1845 and is headquartered in New York.

New York Life Insurance Co Careers

Join the esteemed team at New York Life Insurance Co, a leader in the insurance industry, and propel your career to new heights with unparalleled job opportunities. As one of the most respected names in life insurance, we offer a platform where professionalism meets innovation, creating an environment ripe for personal and professional growth.

Work You’ll Do

At New York Life Insurance Co, you will be part of a culture that cherishes diversity and fosters leadership. Our team is composed of skilled professionals dedicated to providing financial security and peace of mind to our clients. By joining us, you will collaborate with top-tier experts in finance and insurance, leveraging your skills to make a meaningful impact.

Explore Career Paths

Whether you are seeking an internship, a full-time position, or a leadership role, New York Life Insurance Co provides a variety of career paths to help you achieve your professional goals. Our commitment to career development is evident through extensive training programs and continuous learning opportunities that ensure our team remains at the forefront of the industry.

Innovate and Lead

Embrace the opportunity to lead projects that drive innovation within the company and the insurance industry. New York Life Insurance Co is at the intersection of tradition and innovation, where we constantly strive to develop solutions that anticipate the needs of our clients.

Be Part of a Great Team

Our team at New York Life Insurance Co is our greatest asset. We thrive on collaboration and respect each other’s contributions, creating a supportive and inclusive workplace. Here, networking and mentorship go hand in hand with day-to-day operations, providing a robust support system for career advancement.

Future-Proof Your Career

With New York Life Insurance Co, your career is future-proofed with endless opportunities for advancement. Our comprehensive benefits package supports your life both inside and outside of work, while our leadership and diversity training prepare you to take on new challenges.

Join Our Team

Search for open positions that match your skills and interests. We are hiring creative, curious, and motivated individuals who are ready to drive their careers forward. Explore our job opportunities and find out how your talents can make a difference at New York Life Insurance Co.

Stay Connected

Keep up to date with the latest industry trends, career tips, and company news through our Careers Blog. Personalize your experience by subscribing to job alert emails, tailored to your preferences, and discover the exciting and rewarding opportunities that await at New York Life Insurance Co.

Prepare for Your Interview

Ready to join us? Prepare your resume and sharpen your interview skills to become part of a company that values vision, leadership, and a commitment to excellence. At New York Life Insurance Co, we are not just offering a job; we are offering a pathway to success.

New York Life Insurance Co – A Place Where Careers Are Made

From fostering innovation to encouraging diversity, New York Life Insurance Co is where you can pursue your passions and grow your career. Join us and make a difference in the lives of our clients and communities every day.
Learn more about New York Life Insurance Co
Size
11,960 employees
Industry
Founded
1845

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