About The Position

Group Benefit Solutions delivers comprehensive insurance and absence management solutions for mid-sized and large companies. Our work fosters a healthier, happier, and more secure workforce, contributing to New York Life’s legacy of being there when we’re needed most. Here, you'll design, implement, and support these solutions directly impacting employees’ lives. At our core, we provide financial security and peace of mind to people through our absence, accident, disability, voluntary benefits, and life insurance solutions. Click here to learn more about Group Benefits solutions. About This Job 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
  • To be eligible for this program, you must be authorized to work in the U.S.
  • We do not offer any type of employment-based immigration sponsorship for this program.
  • Likewise, this program is not available to those authorized to work under optional practical training (OPT) or curricular practical training (CPT).

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
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