NYL Investors Prepares Launch of New Analyst Training Program
NYL Investors Prepares Launch of New Analyst Training Program
January 14, 2015
NYL Investors is pleased to announce the establishment of a new Investment Analyst Program ("IAP"). The IAP is designed to attract recent college graduates to join the firm for a 3 year training program. The Program is structured to develop an individual's financial skills and build expertise in an asset class while allowing them to contribute in a meaningful way to the success of an investment team. Gail McDermott, Senior Manager Director and Head of Private Placements, has taken a leadership role in establishing the program. McDermott explains, "We are excited about the Analyst Program as we feel it is an effective way to deepen the talent base of the organization while developing potential future leaders." The Program will combine investment analysis responsibilities with classroom training to develop well rounded analysts.
The interview process was recently completed and the in-coming analysts have accepted spots in the inaugural class that will commence in July 2015. Jake Rahiman, Head of Human Resources for NYL Investors, described the process saying, "We were pleased to have such strong interest in the Program. The candidate pool was very impressive which made the selection process difficult." Rahiman shared candidate feedback from the process that identified the development focus, the collegial culture, strong brand, and the financial strength of New York Life as key differentiated factors of the Program.
About NYL Investors
NYL Investors is a wholly-owned investment management subsidiary of New York Life and manages approximately $200 billion for our Parent company and select strategic partners. At NYL Investors we are renowned for our premier investment acumen in fixed income and real estate. Our clients value our people, their depth of experience, and the financial strength of our parent company, New York Life Insurance Company ("New York Life"). Together, we aim to build long lasting relationships based on our partnership approach and strong investment discipline.
About New York Life
New York Life Insurance Company, a Fortune 100 company founded in 1845, is the largest mutual life insurance company in the United States* and one of the largest life insurers in the world. New York Life has the highest possible ratings currently awarded to any life insurer from all four of the major credit rating agencies: A.M. Best (A++), Fitch (AAA), Moody's Investors Service (Aaa), Standard & Poor's & (AA+).** Headquartered in New York City, New York Life's family of companies offers life insurance, retirement income, investments and long-term care insurance. New York Life Investments*** provides institutional asset management and retirement plan services. Other New York Life affiliates provide an array of securities products and services, as well as retail mutual funds. Please visit New York Life's website at for more information.
Based on revenue as reported by "Fortune 500 ranked within Industries, Insurance: Life, Health (Mutual)," Fortune magazine, 6/16/14. For methodology, see . **Individual independent rating agency commentary as of 8/13/13. ***New York Life Investments is a service mark used by New York Life Investment Management Holdings LLC and its subsidiary, New York Life Investment Management LLC.
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