Job Description
New York Life Insurance Company is a provider of comprehensive insurance and absence management solutions. They are seeking a Full-Time Underwriting Analyst to participate in the LAUNCH program, which focuses on technical training and professional development while contributing to the financial results of the business. Responsibilities Assess the risk and underwrite prospective and enforce 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 at a broader book of business level Partner with other underwriting team members to effectively solve problems both internal and external to Group Benefit Solutions Underwriting Negotiate with matrix partners to find creative and collaborative solutions that create long-term value for both our clients and our organization Active engagement and involvement in the LAUNCH Program over the course of your first year Continuous learning and development through both 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 the success of team members Act with a sense of urgency to meet assigned deadlines for specified tasks Ability to use sound judgement when prioritizing several tasks at once Participate in structured training sessions in the LAUNCH Program focusing on technical training and professional development opportunities 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 have completed the LAUNCH Program and will continue directly contributing to our business goals and results as an underwriter You will be assigned to support a sales region, manage an enforce book of business, 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 Skills 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 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 Preferred 3.0 GPA or higher Benefits Leave programs Adoption assistance Student loan repayment programs Company Overview For over 180 years, we’ve helped turn your biggest dreams into milestones that last a lifetime.
It was founded in 1845, and is headquartered in New York, New York, USA, with a workforce of 10001+ employees. Its website is