2025 Group Benefit Solutions GBS Underwriting Summer Internship Program - Phoenix 90609
2025 Group Benefit Solutions GBS Underwriting Summer Internship Program - Phoenix 90609
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Job Description
Job Requisition ID:90609
Location Designation:Hybrid 3 days per week
Group Benefit Solutions delivers comprehensive insurance and absence management solutions for midsized and large companies. Our work fosters a healthier happier and more secure workforce contributing to New York Lifes legacy of being there when were needed most. Here youll 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.
Shape your future with a dynamic internship experience at New York Life. We offer opportunities across a variety of exciting businesses including Actuarial AI & Data Finance Investments Technology Underwriting and more. Your internship journey is designed to challenge you through handson work experience that will equip you with valuable skills you can use anywhere. You will build your network through collaboration and connection with talented interns and experienced employees through teambuilding activities mentorship programs and fun social events. By the end of your internship youll be equipped with new skills and a network that will propel you forward in your career journey.
Role Overview:
If youre looking to use strong analytical and math skills in a competitive fastpaced 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 10week 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.
What Youll Do:
As an Underwriting Summer Intern with New York Life Group Benefits Solutions you can expect to be involved in a variety of opportunities including:
- Training sessions to learn the fundamentals of underwriting
- Oneonone 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 problemsolving analytical and collaboration skills
- Routine speaker series hosted by New York Life leaders from a variety of Finance and Underwriting functions
What Youll Bring:
A customercentric mindset strong analytical and strategic thinking skills with an interest in pursuing a career in underwriting.
Required Skills:
- You must be a rising senior or graduate student pursuing a degree in Risk Management Economics Finance Accounting Mathematics Data Analytics Business Management
- Proficiency with Microsoft office software such as Word and Excel
Preferred Skills:
- 3.0 GPA or higher preferred
- High comfort level with math/numbers
- Excellent oral and written communication skills
Applications will be reviewed on a rolling basis and interviews will begin midSeptember.
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Pay Transparency
Salary range:21/ hour
Overtime eligible:Nonexempt
Discretionary bonus eligible:
Sales bonus eligible:
Actual base salary will be determined based on several factors but not limited to individuals experience skills qualifications and job location. Additionally employees are eligible for an annual discretionary bonus. In addition to base salary employees may also be eligible to participate in an incentive program.
Actual base salary within that range will be determined by several components including but not limited to the individuals experience skills qualifications and job location. In addition to base salary employees may also be eligible to participate in an incentive program.
Our Benefits
We provide a full package of benefits for fulltime employees and have unique offerings for a modern workforce including leave programs adoption assistance and student loan repayment programs. Based on feedback from our employees we continue to refine and add benefits to our offering so that you can flourish both inside and outside of work. Click here to discover more about our comprehensive benefit options or visit our NYL Benefits Site.
Our Diversity Promise
We believe in a diverse workforce because it is our mission to advocate for the financial security and success of people in every community. This is why diversity equity and inclusion (DEI) are guiding principles that are embedded in our brand and our culture. Click here to learn more about how we have been recognized for our leadership.
Recognized as one of Fortunes Worlds Most Admired Companies New York Life is committed to improving local communities through a culture of employee giving and volunteerism supported by theFoundation.Were proud that due to our mutuality we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life please visit the Careers page of www.NewYorkLife.
Required Experience:
Intern
Employment Type
Full-Time
