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New York Life Insurance Company

Payroll Associate

Posted 44 Minutes Ago
Be an Early Applicant
Hybrid
New York, NY
65K-83K Annually
Junior
Hybrid
New York, NY
65K-83K Annually
Junior
Supports biweekly end-to-end payroll processing in SAP ECP, including data validation, audits, reconciliations, adjustments, garnishments, and issue resolution. Coordinates offshore and third-party payroll vendors, responds to employee payroll inquiries, supports system testing and process improvements, and maintains payroll controls, documentation, and compliance. Requires strong attention to detail, communication, organization, and problem-solving skills in a deadline-driven environment.
The summary above was generated by AI
Location Designation: Hybrid - 3 days per week
Position Overview
New York Life is seeking a Payroll Associate (PF2) to join our HR Payroll team. This role supports the execution of end-to-end payroll processing within an in-house SAP Employee Central Payroll (ECP) environment. The Payroll Associate will perform core payroll activities, partner with internal stakeholders, and help oversee outsourced operational support. This position requires a detail-oriented professional who can manage routine payroll processes independently, apply sound judgment to resolve issues, and contribute to continuous process improvement initiatives.
What You'll Do:
Payroll Processing
- Execute and support bi-weekly payroll processing in SAP Employee Central Payroll (ECP) - Review and validate payroll data including hires, terminations, pay changes, and adjustments - Perform payroll audits, reconciliations, and issue resolution - Ensure payroll is processed accurately and in accordance with established timelines
Vendor & Offshore Coordination
- Provide day-to-day oversight and guidance to offshore payroll support team (Accenture) - Review work output for accuracy, completeness, and adherence to service standards - Manage garnishment processes in coordination with third-party vendor (Strada) - Monitor vendor performance and ensure service level expectations are met
Employee Support & Case Management
- Respond to payroll-related inquiries through case management systems - Partner with HR, Employee Relations, and other internal teams to resolve pay-related issues - Ensure timely, accurate, and professional communication with stakeholders
Testing & Process Improvement
- Participate in payroll system testing (e.g., support packs, enhancements, process changes) - Identify opportunities to streamline processes and improve efficiency - Support implementation of automation and process improvements
Controls & Compliance
- Ensure adherence to payroll policies, procedures, and internal controls - Maintain accurate documentation and support audit activities - Collaborate with Payroll Tax team and other stakeholders as needed
What You'll Bring:
- Bachelor's degree preferred or equivalent work experience - 2-3 years of payroll, HR operations, or related experience - Working knowledge of payroll systems (SAP ECP preferred) - Strong attention to detail and organizational skills - Ability to manage multiple priorities in a deadline-driven environment - Effective communication and problem-solving skills
- Knowledge of garnishments and payroll compliance processes - Experience supporting payroll system testing or implementations
Pay Transparency
Salary Range: $65,000-$83,000
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.
Job Requisition ID: 94893
#BI-Hybrid

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