Group Benefit Solutions

About the Role

LAUNCH your career with New York Life Group Benefit Solutions as a Full-Time Underwriting Analyst! The LAUNCH program (Leadership and Underwriting for New Career Hires) is designed to accelerate your underwriting career with comprehensive technical training, hands-on learning, mentor support, and professional development opportunities.

Group Benefit Solutions delivers insurance and absence management solutions for mid-sized and large companies, contributing to a healthier, happier, and more secure workforce.

Key Responsibilities

• 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.
• Partner with other underwriting team members to effectively solve problems.
• Negotiate with matrix partners to find creative and collaborative solutions.
• 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.
• Develop a growth mindset that embraces challenges, learns from and applies feedback, and finds inspiration from the success of team members.
• Act with a sense of urgency to meet assigned deadlines for specified tasks.
• Use sound judgment when prioritizing several tasks at once.
• Participate in structured training sessions in the LAUNCH Program focusing on technical training and professional development.
• Apply learned concepts and principles by working on active business opportunities.
• Gain independence in daily work and decision-making skills while working alongside a mentor.
• Support a sales region and own more of the daily decision-making process.
• Participate in organizational Group Benefit Solution training sessions, coaching, and feedback from mentors and managers.
• Engage in project opportunities to build a network of peers within Underwriting and across other New York Life departments.

Requirements & Tech Stack

• Hybrid work arrangement - 3 days per week.
• Some travel may be required.

Qualifications

• Bachelor’s degree in Risk Management, Economics, Finance, Accounting, Mathematics, Data Analytics, Business Management, or a related field is preferred.
• 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.