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Job Requisition ID:92428
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:
Where Youll Work
The Underwriting Summer Internship position is in the Farmington Underwriting Hub. The Farmington hub is just outside of Hartford close to local restaurants. Our team includes a diverse group of talented individuals with various backgrounds and experience levels. Our Farmington office is in a new state-of-the-art building and we are growing through both tenured hires and on-campus recruiting at several local universities.
Qualifications
To join our dynamic team as a Summer Intern you should have:
About New York Life Insurance Company
Hiring and Developing Entrepreneurial People Who Are Interested in a Career in Financial Services
As a mutual company with no investors or outside owners New York Life is uniquely aligned with our clients interests and priorities. We deeply appreciate the difference we can make in the lives of individuals and families both in the work we do every day and our commitment to the communities where we work and live.
We pride ourselves on our inclusive culture training and career opportunities. It should not be surprising that when you work at New York Lifewhether as an agent or as one of our valued corporate employeesyoure backed by unyielding support development and resources.
Here at New York Life we offer employee resource groups. Employees representing unique cultures experiences and backgrounds these groups do much more than raise awareness of diversity & inclusion. Throughout the year these groups coordinate professional and personal development seminars and workshops conduct networking events host special guest speakers raise funds for worthy causes and mentor colleagues.
When individuals succeed we succeed as a team. And from there we keep building a workplace of leaders. Thats why it has always been important to us to invest in a wide variety of development tools and benefits that protect and motivate our workforce. Were here to support you in realizing your highest potential. If your career is important to you and you thrive on personal growth and professional challenges we invite you to explore professional career opportunities at New York Life.
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).
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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 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