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 https://www.newyorklife.com/.
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