Group Benefit Solutions

About the Role

LAUNCH your career with New York Life Group Benefit Solutions as a Full-Time Underwriting Analyst! The LAUNCH (Leadership and Underwriting for New Career Hires) program is designed to accelerate your underwriting career through comprehensive technical training, hands-on learning, mentor support, and professional development. As part of the Group Benefit Solutions Underwriting Team, you will directly impact the financial results of the business while helping to provide financial protection and peace of mind.

Key Responsibilities

As an Underwriting Analyst in the LAUNCH Program, you will develop skills in several business competencies:

• 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 clients and the organization.

• Professional Development & Leadership

• Active engagement and involvement in the LAUNCH Program over the course of your first year.

• Continuous learning and development through 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 team members' success.

• Time & Priority Management

• Act with a sense of urgency to meet assigned deadlines for specified tasks.

• Ability to use sound judgment when prioritizing multiple tasks.

What You'll Do (LAUNCH Program Training)

Expect a structured start to your career with foundational training during your first year:

• Participate in structured training sessions focusing on technical training and professional development opportunities, including classroom and hands-on learning.
• Apply learned concepts and principles by working on active business opportunities.
• Work alongside your mentor to gain independence in daily work and decision-making skills.

After LAUNCH Training

• Be assigned to support a sales region and own more of the daily decision-making process.
• Continue to participate in training opportunities to enhance underwriting knowledge through organizational Group Benefit Solution training sessions, coaching, and feedback.
• Engage in project opportunities to build a network of peers within Underwriting and across other New York Life departments.

Requirements & Tech Stack

• Location Designation: Hybrid (3 days per week in-office: Tuesday, Wednesday, Thursday; Remote on Monday, Friday).
• In-office locations include: Philadelphia, PA; Chattanooga, TN; Farmington, CT; Phoenix, AZ; Overland Park, KS.
• Some travel may be required.

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.