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You will be updated with latest job alerts via emailJob Requisition ID:92187
Location Designation:Hybrid - 3 days per week
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 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.
About This Job
If youre 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.
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
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
Where Youll Work
The Underwriting Summer Internship is located in the Phoenix Underwriting hub. The Phoenix hub is located at the High Street Plaza near Desert Ridge Marketplace. The Phoenix hub is one of our fastest growing NY Life Group Benefit Solutions Underwriting hubs. Our team includes a diverse group of talented individuals with a variety of backgrounds and experience levels. Over the last five years we have continually grown our Phoenix team through on campus recruiting efforts at several local universities including both intern and full-time hiring.
Qualifications
To join our dynamic team as a Summer Intern you should have:
Completed 3 years towards a bachelors 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
#GBScampus
#LI-MW1
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 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 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 the 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 .
Required Experience:
Intern
Full-Time