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2027 Group Benefit Solutions (GBS) Underwriting Summer Internship Program (Chattanooga, TN)
Career Insights for Insurance Underwriter (General)
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Scorecard
Based on Tennessee data
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What they do
An Insurance Underwriter evaluates and measures risk and advises businesses in insurance, banking and securities. Recommends customers to be approved for insurance coverage, and develops policies and premium levels. Reviews loan applications, evaluates credit-worthiness of loan applicants and analyzes the investment risk of a loan for the bank. Evaluates risk in different types of securities and advises clients on investments that will yield highest profits.
$70,154 / year median in Tennessee
-7% projected decline
Job Description
Job Requisition ID:
94518Location Designation:
Hybrid - 3 days per week 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. Role Overview If you're looking to apply strong analytical and quantitative skills in a collaborative, fast-paced environment, an Underwriting internship in Group Benefit Solutions offers an opportunity to gain hands-on experience while building a strong foundation in insurance underwriting. During this 10-week summer internship, you will learn how underwriters evaluate risk, assess potential customers, and develop pricing recommendations for group insurance solutions. Through formal training, mentorship, networking opportunities, and real-world underwriting assignments, you will gain exposure to the underwriting profession while contributing to meaningful business outcomes that help deliver financial protection and peace of mind to millions of people. 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 while engaging with senior leaders and expanding your professional network.
- Analyze real underwriting cases by assessing risk factors and contributing to pricing decisions that support business growth and profitability.
- Collaborate with fellow Group Benefit Solutions interns on a summer-long project that strengthens analytical thinking, problem-solving, and teamwork skills.
- Attend speaker sessions and learning events led by New York Life leaders across Underwriting, Finance, and related business functions to broaden your understanding of the organization. What You'll Bring
- Rising senior 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 with the ability to present ideas clearly.
- Proficiency with Microsoft Office applications, particularly Microsoft 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. Preferred Skills
- 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.
NewYorkLife.com.