NYL Underwriting Externship

Posted 2 Days Ago
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Phoenix, AZ
In-Office
Internship
Artificial Intelligence • Cloud • Fintech • Information Technology • Insurance • Financial Services • Big Data Analytics
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The Role
The GBS Underwriting Externship provides students with hands-on experience in group insurance underwriting, financial analysis, and career mentoring, helping them explore roles in financial services.
Summary Generated by Built In
Group Benefit Solutions deliverscomprehensive insurance and absence management solutions for mid-sized and large companies. Our work fosters a healthier, happier, and more secure workforce, contributing to New York Life's legacy of beingthere when we're needed most. Here, you'll design, implement, and support these solutions directly impacting employees' lives. At our core, we provide financial security and peace of mind to people through our absence, accident, disability, voluntary benefits, and life insurance solutions. Click here to learn more about Group Benefits solutions.
Location Designation: Full day externship
About the Program
Discover what it's like to be part of New York Life's Group Benefit Solutions (GBS) team. The GBS Underwriting Externship is a one-day immersive experience designed to introduce students to the world of group insurance underwriting, financial analysis, and career opportunities within New York Life.
Through this experience, you'll gain firsthand insight into the vital role underwriters play in assessing risk, supporting clients, and driving business decisions that help protect organizations and their employees.
What You'll Do
As a GBS Underwriting Extern, you'll develop foundational skills and professional connections through:
  • Job shadowing experienced underwriters to observe real-world decision-making and client interaction.
  • Hands-on financial and risk analysis to understand the fundamentals of underwriting.
  • One-on-one mentorship with professionals in the Group Benefit Solutions division.
  • Networking opportunities with leaders and underwriters across the organization.
  • Career exploration and role-fit assessment to help you evaluate your interests in the insurance and financial services industry.

This full-day externship provides a real-world look into "A Day in the Life" of a group insurance underwriter at New York Life-helping students make informed, confident career choices.
Who Should Apply
Ideal candidates are students who are:
  • Pursuing a Bachelor's degree in Finance, Business, Economics, Risk Management, or a related field
  • Analytical, detail-oriented, and comfortable working with data and numbers
  • Strong in communication and problem-solving skills
  • Innovative, business-minded, and customer-focused
  • Interested in leadership and professional growth within financial services
  • Maintaining a GPA of 3.0 or higher (preferred)

Salary range: 1-day unpaid student immersion program
Overtime eligible: Exempt
Discretionary bonus eligible:
Sales bonus eligible:
Our Diversity Promise
We believe in a diverse workforce because it is our mission to advocate for the financial security and success of people in every community. This is why diversity, equity, and inclusion (DEI) are guiding principles that are embedded in our brand and our culture. Click here to learn more about how we have been recognized for our leadership.
Recognized as one of Fortune's World's Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.

What the Team is Saying

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The Company
HQ: New York, NY
34,623 Employees
Year Founded: 1845

What We Do

At New York Life, our 180-year legacy of integrity, mutuality, and financial strength fuels a future defined by bold transformation.

As the largest mutual life insurance company in the U.S., we operate on behalf of our policy owners—not shareholders. That structure allows us to take a long-term view, investing in people, purpose, and innovation that endures.

Guided by a clear enterprise vision to become a technology-, data-, and AI-powered company, we’re modernizing our platforms, rearchitecting experiences, and embedding intelligence across our products and services.

Our mission has always been about helping people through life’s most meaningful moments. Today, technology is amplifying that mission—enabling us to serve clients, advisors, and communities in more personalized, proactive ways.

With a diversified business portfolio spanning insurance, investments, retirement, group benefits, and direct-to-consumer offerings, New York Life delivers the stability of a Fortune 100 company with the agility of one that’s continuously evolving.

We’re powered by a values-led culture, inclusive teams, and a shared belief that when our people thrive, so does our company. Here, tradition fuels momentum—and your ideas, energy, and growth power what’s next.

Why Work With Us

New York Life is transforming from the inside out—blending 180 years of trust with the velocity of innovation. What makes us different is our culture: grounded in integrity, humanity, and shared success—values that show up in how we work, lead, and grow. If you want a place where innovation has purpose—build what's next with us.

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New York Life Insurance Company Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Typical time on-site: Not Specified
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HQNew York, NY
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Jersey City, NJ
Philadelphia, PA
Tampa, FL
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White Plains, NY
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