NYL Underwriting Externship

Group Benefit Solutions delivers comprehensive 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 being there 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.