2027 Group Benefit Solutions Underwriting Summer Internship Program

About the Role

The 2027 Group Benefit Solutions (GBS) Underwriting Summer Internship Program is a 10-week opportunity at New York Life in Phoenix, AZ. Group Benefit Solutions delivers comprehensive insurance and absence management solutions for mid-sized and large companies.

Role Overview

This internship offers hands-on experience in insurance underwriting, focusing on how underwriters evaluate risk, assess potential customers, and develop pricing recommendations for group insurance solutions. Participants will gain exposure to the underwriting profession through formal training, mentorship, networking, and real-world assignments.

Key Responsibilities

• Participate in structured training sessions on Group Benefits underwriting principles, products, and risk evaluation.
• Partner with an experienced underwriter through one-on-one mentorship.
• Engage with senior leaders and expand professional networks.
• Analyze underwriting cases, assessing risk factors and contributing to pricing decisions.
• Collaborate with fellow interns on a summer-long project.
• Attend speaker sessions and learning events led by New York Life leaders.

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.
• High comfort level working with numbers.
• Effective written and verbal communication skills.
• Proficiency with Microsoft Office applications, particularly Microsoft Excel and Microsoft Word.
• Interest in pursuing a career in underwriting and the insurance industry.
• Customer-focused mindset.
• Strong organizational skills and attention to detail.

Preferred Skills

• Overall GPA of 3.0 or higher.
• Previous coursework or internship experience in finance, insurance, risk management, or data analysis.
• Experience working collaboratively on team-based projects.
• Demonstrated curiosity, initiative, and commitment to continuous learning.

Additional Information

• Location Designation: Hybrid - 3 days per week.
• Pay: $21/hour.
• Eligibility: Authorized to work in the U.S. No employment-based immigration sponsorship. Not available to those authorized to work under OPT or CPT.