Profile: New York Life

Welcome to New York Life Insurance Company. You'll find us on nearly all of the "best" lists, including the 2007 Fortune 100 company listing. The company is one of the largest and most respected life insurance companies in the world. New York Life and its affiliates offer life insurance, annuities and long-term care insurance. On the investment side, New York Life's affiliates provide institutional asset management and trust services and, through a subsidiary, NYLIFE Distributors Inc., provide an array of securities products and services such as institutional and retail mutual funds, including 401 (k) products.Since 1845, New York Life built its reputation through fulfilling financial promises to its customers. Of all the companies on the Fortune 100 list, New York Life is one of the very few that is not publicly traded. That's because we are owned by our policyholders, not by shareholders. That also makes us a real rarity, these days, among insurance companies. Our decision to remain mutual is supported by our prudent management, wise investment philosophy, and innovative product development.

New York Life operates on three basic principles: Financial Strength, Integrity and Humanity. For over a century and a half, New York Life's mission remains the same: to be here for our customers when they need us. That's why we're known as "The Company You Keep." Through aggressive and innovated product development, strategic marketing and distribution, and unsurpassed customer support including pioneering Web-based services for our policyholders, New York Life remains one of the most formidable players in the increasingly competitive insurance and investment markets. The greatest growth opportunity for the life insurance business is currently the world's emerging markets, where population growth has not flattened and personal income is rising rapidly. New York Life is one of the industry's leaders in international expansion, with a long-term commitment to being a global company.

But behind all our strategies and actions are people — skilled, dedicated men and women who are committed to being the best and understand what it means to be a part of the New York Life team. With the right skills, talent and knowledge, you could play a big role in building America's financial strength for the future — you and New York Life.

As an employer, New York Life provides:

• Valuable exposure to the exciting financial services industry;
• A stimulating environment in which to expand your capabilities;
• The opportunity to tap your own resources, and to learn from the experience and talents of a wide range of professionals;
• A challenging position that lets you make a real contribution to the growth and success of a major company.

We are shaping our Company to keep a step ahead of today's marketplace, without compromising the service and financial security our customers expect. That means hiring and developing capable men and women who can provide effective and innovative solutions for the problems people and businesses face.

Fortune's list of America's Most Admired Companies is the definitive report card on corporate reputation. The winners were chosen from the 1,000 largest U.S. companies (ranked by revenue) and the top foreign–owned companies operating in the U.S. Factors include quality of management, quality of products and services, innovation, long–term investment, financial soundness, people management, social responsibility, and use of corporate assets. For 2008, New York Life ranked second overall in the Life and Health sector of the Insurance Industry — factoring in all eight key attributes of reputation.

The 2007 Fortune 500
New York Life ranks #78 on the prestigious Fortune 500 list. Each year, Fortune magazine collects revenue data from the largest companies in the United States and publishes the rankings. The published list is considered a “who’s who” of corporate America.

With 2006 revenue of more than $28 billion, according to Fortune’s proprietary formula, New York Life once again retained its title as the largest mutual life insurance company in the United States.

Companies that sit on Fortune magazine's tenth annual survey of the World's Most Admired Companies are chosen based on performance in nine key attributes of reputation including global-ness, innovation, quality of management, quality of products and services, employee talent, financial soundness, social responsibility, use of corporate assets and long–term investment.