About the role#
This 10-week summer internship provides hands-on experience in insurance underwriting. You will learn how to evaluate risk, assess potential customers, and develop pricing recommendations for group insurance solutions. The program includes formal training, mentorship, and real-world assignments to help you build a foundation in the insurance industry.
What you'll do#
- 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.
- Engage with senior leaders and expand your professional network.
- Analyze real underwriting cases by assessing risk factors.
- Contribute to pricing decisions that support business growth and profitability.
- Collaborate with fellow interns on a summer-long project.
- Attend speaker sessions and learning events led by company leaders.
What you'll need#
- Rising senior status 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.
- Proficiency with Microsoft Office, particularly 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.
- 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.
Location & details#
- Location: Philadelphia, Pennsylvania.
- Term: Summer 2027.
- Modality: Hybrid (3 days per week in office).
- Compensation: $21 per hour.
- Status: Full-time, nonexempt.
- Note: This program does not offer employment-based immigration sponsorship.
About New York Life
New York Life is a financial services company founded in 1845. It operates as a mutual organization and offers life insurance, retirement products, and investment services. The company is based in New York, New York, and maintains a workforce of over 37,000 employees. It manages operations from its headquarters at 51 Madison Avenue.
How to get in at New York Life
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