Group Benefit Solutions - Underwriting LAUNCH Program January 2027

New York Life Insurance Co • Philadelphia, PA

2d • $51,500 - $60,000 • Hybrid

About The Position

LAUNCH your career with New York Life Group Benefit Solutions as a Full-Time Underwriting Analyst! LAUNCH, which stands for Leadership and Underwriting for New Career Hires, is designed to help you accelerate your underwriting career and establish early professional success. LAUNCH focuses on comprehensive technical training, hands-on learning, mentor support, and professional development opportunities. As part of our Group Benefit Solutions Underwriting team, 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. As an Underwriting Analyst, you will develop skills across several business competencies including: Risk Management & Assessment, Collaboration & Consultation, Professional Development & Leadership, and Time & Priority Management.

Requirements

• Bachelor’s degree in the following majors and/or minors are preferred: Risk Management, Economics, Finance, Accounting, Mathematics, Data Analytics, Business Management, or a related field
• Strong analytical and problem-solving skills
• High comfort level with math/numbers
• Excellent verbal and written communication skills
• A passion and dedication to becoming a leader within the financial services industry
• Strong business acumen along with leadership and innovative thinking skills with a focus on customer-centricity

Nice To Haves

• Preferred 3.0 GPA or higher
• Some travel may be required (<10%)

Responsibilities

• Assess the risk and underwrite prospective clients within Group Benefit Solutions product portfolio: Life, Accident, Disability, Absence Administration, and Voluntary Benefits
• Communicate pricing, profitability, and risk profile of clients with internal matrix partners
• Contribute directly to company financial goals through risk decisions while balancing and maintaining favorable financial outcomes
• Partner with other underwriting team members to effectively solve problems
• Negotiate with matrix partners to find creative and collaborative solutions that create long-term value for both our clients and our organization
• Active engagement and involvement in the LAUNCH Program over the course of your first year
• Continuous learning and development through both structured and non-structured training opportunities beyond your first year
• Develop a growth mindset that embraces challenges, learns from and applies feedback, and finds inspiration from the success of team members
• Act with a sense of urgency to meet assigned deadlines for specified tasks
• Ability to use sound judgement when prioritizing several tasks at once
• Participate in structured training sessions in the LAUNCH Program focusing on technical training and professional development opportunities. These sessions will consist of both classroom and hands-on learning opportunities that establish a solid foundational knowledge of underwriting concepts and principles.
• Following each session, you will apply the concepts and principles learned in the program by working on active business opportunities that will eventually become larger and more complex. You will work alongside your mentor as you gain independence in your daily work and decision-making skills.
• You will be assigned to support a sales region, and own more of the daily decision-making process.
• You will continue to participate in training opportunities to enhance your underwriting knowledge through organizational Group Benefit Solution training sessions, coaching, and feedback from mentors and managers.
• In addition to your core Underwriting responsibilities, there also exist many project opportunities that will allow you to engage with and build a network of peers both within Underwriting and across other New York Life departments.

Benefits

• leave programs
• adoption assistance
• student loan repayment programs

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level