New York Life is a Fortune 100 Company, the largest mutual life insurance company in the United States and one of the World’s Most Admired Companies*. Our policyholders are "owners" of the Company.
"I was very happy to see the emphasis that New York Life and its employees put on humanity and volunteerism. There are so many ways to get involved and I feel like I have not even scratched the surface.” – Adam, joined New York Life in 2006
You could presume that New York Life helped the victims of Hurricane Katrina in 2005, and you’d be right – we donated nearly $2 million toward relief efforts. But did you know that we also helped the people of New Orleans more than 150 years before Katrina, during an outbreak of yellow fever?
One way we express our commitment to the community is through the New York Life Foundation, which has made $75 million in donations since 1979. The majority of our resources today are dedicated to Nurturing the Children , a Company-wide initiative focused on mentoring, safe places to learn and grow, and education for young people.
Our Volunteers for LIFE program, made official in 1998, gives our people opportunities to give back to the community. In 2006, our employees, agents and retirees across the U.S. fed the hungry, acted as Big Brothers and Big Sisters, and otherwise donated more than 15,000 hours of their time.
Advanced Markets Network — Aimed at the upscale wealth transfer and executive benefits market, with headquarters in Leawood, Kansas and an office in New York City.
New York Life International — Focused on offering insurance and asset accumulation products to individuals and groups in select emerging markets in Latin America and Asia, including Argentina, Mexico, China, Hong Kong, India, Philippines, South Korea, Taiwan and Thailand.
New York Life Investment Management (NYLIM) — Delivering investment management services across the spectrum of asset classes to institutional clients as well as individual investors. NYLIM is also a leading provider of retirement plans, and is recognized as one of the top providers of guaranteed products in the United States.
Special Markets — Comprising the following:
Human Resources — Responsible for designing and administering, talent management, compensation, benefits and employee relations programs. Also provides human resources consulting to the business lines.
Investment Policy and Asset Allocation: Office of the Chief Investment Officer — Charged with development of corporate investment policy, asset allocation and management of the Surplus Management Account (SMA) at the corporate level, as well as in support of business units.
Office of the General Counsel & Office of the Secretary — Providing legal advice to New York Life’s business units and profit centers, and overseeing subsidiary legal operations. The Office of the General Counsel has two primary goals:
The Office of the Secretary focuses on corporate governance matters for New York Life and certain key subsidiaries.
Office of Government Affairs — Acting as New York Life’s main lobbying arm as it monitors and influences international, federal and state governments on the Company’s behalf.
New York Life’s mission is to provide financial security and peace of mind through our insurance, annuity and investment products and services.
By continuing to be a mutual company, we are uniquely aligned with our customers. By maintaining superior financial strength, we protect their future. By acting with integrity and humanity, we earn their trust and loyalty.
Every decision we make, every action we take has one overriding purpose: To be here when our customers need us.
To gain more of an understanding on our mission, read New York Life CEO Ted Mathas' interview with the New York Times on Investing in Longevity and Security.
That is why we call ourselves The Company You Keep®
New York Life is a global company. We have an extensive presence throughout the United States and in high-growth emerging markets around the world, from Buenos Aires to Shanghai, Mexico City to Mumbai.
Today we are exporting the industry's most innovative, distribution and service capabilities to a collection of international operations in Asia and Latin America. Max New York Life (a joint venture with Max India, Ltd.) is now the third largest private insurance company in new Insurance policies in India. Seguros Monterrey New York Life has become one of the most successful insurance companies in Mexico. And, we are rapidly expanding our presence throughout major population centers in China.
These groups host events throughout the year that celebrate the unique perspectives each person brings.
Our Women’s Leadership Project challenges women to maximize opportunities, enhance career development and achieve their personal best. Since its launch in 2003, the initiative has hosted over 25 events on topics such as women’s health and presentation skills, and held networking events, workshops and charitable drives for Dress for Success.
We are committed to providing insurance protection and financial solutions to families and businesses in all of the communities in which we work and live. Some of the communities we are involved with are:
Training and Development
New York Life’s commitment to the development of our employees is mutually beneficial in that we:
Our yearly development planning process is a sign of this commitment. Managers and employees prioritize goals for career development and come up with suggestions for achieving those goals.
Our wide range of learning resources – from training courses to special projects – support employees’ development. New York Life’s development activities accommodate different learning styles, including e-learning, live classroom instruction, case studies, leadership workshops and access to books, articles, tips and video clips from experts in various subject matters.
In other words, we give our employees ample opportunity to Grow With The Company You Keep®
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