Underwriting Analyst
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
- Collaboration & Consultation
- Professional Development & Leadership
- Time & Priority Management
What you'll 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
- Bachelor's 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: $60,000
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 individual's 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.
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. To discover more about our comprehensive benefit options visit our Benefits At a Glance (GBS)
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.