About The Position

If you're looking to use strong analytical and math skills in a competitive, fast-paced environment, an Underwriting career in Group Benefit Solutions will allow you to do all this and more. Underwriters evaluate the risk of insuring a potential Group Benefit Solutions customer and use that information to set premium rates for insurance policies. This 10-week program will expose you to what life as an underwriter will be like and is a great way to assess whether the underwriting profession is a good fit for you. As part of our internship program, you will have a direct impact on the financial results of our business while helping us deliver on a longstanding commitment of providing financial protection and peace of mind to the millions we serve.

Requirements

  • Completed 3 years towards a bachelor's degree (rising senior) in Risk Management, Economics, Finance, Accounting, Mathematics, Data Analytics, Business Management
  • Strong analytical and strategic thinking skills
  • 3.0 GPA or higher preferred
  • High comfort level with math/numbers
  • Excellent oral and written communication skills
  • Proficiency with Microsoft office software, especially Microsoft Word and Excel
  • An interest in pursuing a career in underwriting
  • Customer-centric mindset

Responsibilities

  • Training sessions to learn the fundamentals of underwriting
  • One-on-one mentorship with a local underwriter, engagement opportunities with senior management, and other networking opportunities
  • Assess risk dynamics on real underwriting cases and contribute to Group Benefits Solutions sales goals and bottom line
  • Collaborate with GBS interns from around the country on a summer long project that challenges your problem-solving, analytical, and collaboration skills
  • Routine speaker series hosted by New York Life leaders from a variety of Finance and Underwriting functions

Benefits

  • Salary range: $21/hour
  • Overtime eligible: Nonexempt
  • Discretionary bonus eligible
  • Sales bonus eligible

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What This Job Offers

Career Level

Intern

Industry

Insurance Carriers and Related Activities

Education Level

Bachelor's degree

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