2027 Group Benefit Solutions Underwriting Summer Internship Program
New York Life
Philadelphia, PAFresher1h agovia LinkedIn
About the Role
An Underwriting internship in Group Benefit Solutions offers an opportunity to gain hands-on experience while building a strong foundation in insurance underwriting. During this 10-week summer internship, you will learn how underwriters evaluate risk, assess potential customers, and develop pricing recommendations for group insurance solutions. Through formal training, mentorship, networking opportunities, and real-world underwriting assignments, you will gain exposure to the underwriting profession while contributing to meaningful business outcomes.
Key Responsibilities
- Participate in structured training sessions to build a foundational understanding of Group Benefits underwriting principles, products, and risk evaluation.
- Partner with an experienced underwriter through one-on-one mentorship while engaging with senior leaders and expanding your professional network.
- Analyze real underwriting cases by assessing risk factors and contributing to pricing decisions that support business growth and profitability.
- Collaborate with fellow Group Benefit Solutions interns on a summer-long project that strengthens analytical thinking, problem-solving, and teamwork skills.
- Attend speaker sessions and learning events led by New York Life leaders across Underwriting, Finance, and related business functions.
Requirements & Tech Stack
- Rising senior pursuing a bachelor's degree in Risk Management, Economics, Finance, Accounting, Mathematics, Data Analytics, Business Management, or a related field.
- Strong analytical, quantitative, and critical thinking skills with a high level of comfort working with numbers.
- Effective written and verbal communication skills with the ability to present ideas clearly.
- Proficiency with Microsoft Office applications, particularly Microsoft Excel and Word.
- Interest in pursuing a career in underwriting and the insurance industry.
- Customer-focused mindset with strong organizational skills and attention to detail.
Qualifications
- Overall GPA of 3.0 or higher.
- Previous coursework or internship experience related to finance, insurance, risk management, or data analysis.
- Experience working collaboratively on team-based projects.
- Demonstrated curiosity, initiative, and commitment to continuous learning.
Internship Duration: 10 weeks
Location: Philadelphia, PA (Hybrid - 3 days per week)
Pay Rate: $21/hour