Underwriting Analyst - LAUNCH Program (Hybrid)

New-York-Life

Philadelphia (Philadelphia County)

Hybrid

USD 54,000 - 66,000

Full time

10 days ago
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Job summary

New York Life Group Benefit Solutions is seeking a Full-Time Underwriting Analyst in a hybrid role. The LAUNCH program provides structured training, mentorship, and rapid development in life, accident, disability, and voluntary benefits underwriting.

You’ll assess risk, price coverage, and support clients while learning to balance profitability with service excellence. In this role, you’ll collaborate across teams, participate in ongoing training, and build leadership capabilities within a

Qualifications

  • Bachelor’s degree in Risk Management, Economics, Finance, Accounting, Mathematics, Data Analytics, Business Management, or a related field
  • 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
  • Some travel may be required (<10%)

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 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
  • 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 work alongside your mentor as you gain independence in your daily work and decision-making skills
  • You will be assigned to support a sales region, and own more of the daily decision-making process
  • You will continue to participate in training opportunities to enhance 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

Analytical skills
Communication skills
Leadership potential

Education

Bachelor's degree in Risk Management, Economics, Finance, Accounting, Mathematics, Data Analytics, Business Management, or related field
GPA 3.0 or higher

Job description

New York Life Group Benefit Solutions is seeking a Full-Time Underwriting Analyst in a hybrid role. The LAUNCH program provides structured training, mentorship, and rapid development in life, accident, disability, and voluntary benefits underwriting.

You’ll assess risk, price coverage, and support clients while learning to balance profitability with service excellence. In this role, you’ll collaborate across teams, participate in ongoing training, and build leadership capabilities within a

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