Job Information
New York Life Insurance Company 2023 Group Benefit Solutions Underwriting Summer Internship Program in Overland Park, Kansas
Job Requisition ID: [[id]]
Location Designation: Hybrid
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.
What You’ll 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:
Initial two-week accelerated training session to learn the fundamentals of underwriting
Routine speaker series hosted by New York Life leaders from a variety of Finance and Underwriting functions
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, innovation, and collaboration skills
Where You’ll Work
The Underwriting Summer Internship position is located in the Overland Park, KS Underwriting hub, along I-435 on the South side of Kansas City. It is an easy drive to all of KC’s best attractions, including Chiefs, Royals, Sporting KC stadiums, the Speedway, the Legends Outlets, Plaza shopping and the P&L Entertainment District. This hub was established 16 years ago and currently accounts for 30% of New York Life GBS’ Underwriting team. We have a diverse group of talented individuals on our team with a variety of backgrounds and experience levels.
Qualifications
To join our dynamic team as a Summer Intern, you should have:
Completed 3 years towards a Bachelor’s degree (rising senior) in Finance, Business, Economics, Risk Management or related fields
Strong analytical and strategic thinking skills
3.0 GPA or higher preferred
High comfort level with math/numbers
Excellent oral 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
Salary range: $21/ hour
Overtime eligible: [[customString6]]
Discretionary bonus eligible: No
Sales bonus eligible: No
Click here to learn more about ourbenefits (https://www.newyorklife.com/careers/corporate/benefits) . Starting salary is dependent upon several factors including previous work experience, specific industry experience, and/or skills required.
Please note: At this time, employees of Group Benefit Solutions can be considered for open positions within Group Benefit Solutions only. Applications from Group Benefit Solutions employees for open positions within other New York Life businesses are unable to be considered.