Group Benefit Solutions Underwriting LAUNCH Program June 2027 (Philadelphia, PA)
Job Location:
Philadelphia, PA - USA
Monthly Salary:
Posted:
Application Deadline:
Vacancies:
Job Summary
Job Requisition ID:94779
Location Designation:Hybrid - 3 days per week
Please apply only to the location you would most prefer. If you are selected for an interview youll have the opportunity to discuss your location preferences and any other locations you may be interested in at that time.
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 solutions.Click here to learn more about Group Benefits solutions.
About This Job
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
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
Collaboration & Consultation
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
Professional Development & Leadership
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
Time & Priority Management
Act with a sense of urgency to meet assigned deadlines for specified tasks
Ability to use sound judgement when prioritizing several tasks at once
What Youll Do
As a Full-Time Underwriting Analyst in the LAUNCH Program you can expect a structured start to your career that includes foundational training during your first year.
LAUNCH Training
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.
After LAUNCH Training
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.
Qualifications
To join our dynamic team as a Full-Time Underwriting Analyst you should have:
Bachelors 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
Preferred 3.0 GPA or higher
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
Some travel may be required (<10%)
Pay Transparency
Salary Range:60000
Overtime eligible:Nonexempt
Discretionary bonus eligible:Yes
Sales bonus eligible:No
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.
Company Overview
At New York Life our 180-year legacy of purpose and integrity fuels our future. As we evolve into a more technology- data- and AI-enabled organization we remain grounded in the values that drive lasting impact.
Our diverse business portfolio creates opportunities to make a difference across industries and communitiesinviting bold thinking collaborative problem-solving and purpose-driven innovation. Here youll find the rare balance of long-standing stability and forward momentum supported by an inclusive team that honors tradition while embracing progress.
As a Fortune 100 mutual company we offer a place to grow your skills contribute to meaningful work and deliver solutions that matter. Your ideas drive whats next and your growth powers it.
Our Benefits
We provide a full package of benefits for 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 Commitment to Inclusion
At New York Life fostering an inclusive workplace is fundamental to who we are and how we serve our communities. We have a longstanding commitment to creating an environment where individuals can contribute their best and succeed together. This foundation is rooted in our core values of humanity and integrity ensuring that every employee feels valued and supported. By embracing a broad range of perspectives and experiences we achieve greater success and fulfill our promise of providing financial security and peace of mind to families across all communities. Click here to learn more about New York Lifes leadership in this space.
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 Careerspage of .
Visit our LinkedIn to see how our employees and agents are leading the industry and impacting communities.
Job Requisition ID: 94779
About Company
Protect and build your future with comprehensive one-on-one guidance from New York Life. Learn about our life insurance and financial product offerings.
