What are the responsibilities and job description for the 2027 Group Benefit Solutions (GBS) Sales Summer Internship Program (Farmington, CT) position at New York Life?
Job Requisition ID: 94516
Location 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.
Shape your future with a dynamic internship experience at New York Life. We offer opportunities across a variety of exciting businesses, including Actuarial, AI & Data, Finance, Investments, Technology, Underwriting, and more. Your internship journey is designed to challenge you through hands-on work experience that will equip you with valuable skills you can use anywhere. You will build your network through collaboration and connection with talented interns and experienced employees through team-building activities, mentorship programs, and fun social events. By the end of your internship, you'll be equipped with new skills and a network that will propel you forward in your career journey.
Role Overview
New York Life Group Benefit Solutions (NYL GBS) is seeking a Sales Summer Intern to join a dynamic 10-week internship program designed to provide hands-on exposure to Sales and Account Management. In this role, you will work alongside experienced Sales Representatives and Account Executives to support business development efforts, strengthen client and broker relationships, and contribute to the success of a local sales office. The internship offers opportunities to learn about the employee benefits industry, develop business acumen, and gain practical experience across multiple functions that support the sales process.
What You'll Do
- Gain hands-on experience supporting Field Sales and Account Management teams while learning how broker and client relationships are developed and maintained.
- Learn the NYL GBS product portfolio and collaborate with cross-functional partners across Sales, Account Management, Underwriting, Marketing, and Operations to understand how business objectives are achieved.
- Utilize business platforms and technology tools including Salesforce, BenefitFlow, Tableau, and generative AI solutions to organize information, analyze data, and support sales activities.
- Participate in mentorship, networking, and professional development opportunities with sales leaders, account executives, and other business professionals to enhance industry knowledge and career readiness.
- Collaborate with fellow interns on a capstone project focused on problem-solving, innovation, and teamwork while presenting recommendations and insights to stakeholders.
Required Skills
- Rising senior pursuing a bachelor's degree in Business, Economics, Risk Management, or a related field.
- Strong analytical, problem-solving, and communication skills with a demonstrated ability to learn and apply new concepts.
- Ability to work effectively both independently and as part of a collaborative team environment.
- Proficiency with Microsoft Office applications, including Excel and Word, and the ability to organize and present information clearly.
- Interest in client-facing work and a willingness to contribute in a results-oriented, fast-paced business environment.
- Strong organizational skills with attention to detail and the ability to manage multiple priorities.
Preferred Skills
- Cumulative GPA of 3.0 or higher.
- Demonstrated interest in Sales, Account Management, Employee Benefits, or related business functions.
- Goal-oriented mindset with a passion for delivering value and solving business challenges.
- Strong interpersonal and networking skills with the confidence to engage with professionals across various levels of the organization.
To be eligible for this program, you must be authorized to work in the U.S. We do not offer any type of employment-based immigration sponsorship for this program. Likewise, this program is not available to those authorized to work under optional practical training (OPT) or curricular practical training (CPT).
Curious what it's like to intern at NYL? Check out #NYLEarlyCareers on LinkedIn!
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Pay Transparency
Salary range: $25
Overtime eligible: Nonexempt
Discretionary bonus eligible: Yes
Sales bonus eligible: No
Actual base salary will be determined based on several factors but not limited to individual's experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.
Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications, and job location. In addition to base salary, employees may also be eligible to participate in an incentive program.
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.
Salary : $25