Location Designation:Hybrid - 3 days per week

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:

As a Finance and Accounting Summer Intern, you will have the exciting opportunity to gain the experience, skills, support, and exposure that you need to help launch your careers. Our summer program combines challenging work experience and the opportunity to work closely with Finance professionals. You'll receive continuous training and development through classes and weekly presentations, exposure to senior management, and social and networking events to help build relationships throughout the company. At the end of the summer, multiple offers will be extended for our full-time Finance & Accounting Rotational Leadership program.Interns are scheduled to work from late May through mid-August. Generally, 15 interns are placed each summer with a competitive salary, and the option for free housing.

What You'll Do:

Development, classes, and presentations:

The summer begins with an array of training classes focusing on enhancing skills in Microsoft Excel, SAP training, and introduction to Insurance and Financial Services Industry concepts. We provide significant opportunities to improve business and leadership skills that will enable advancement throughout the company. The learning continues throughout the summer in many forms:

• Weekly seminars presented by experienced professionals from Corporate Finance, Insurance, and Investments groups focusing on helping interns to understand the industry, financial functions, and our organization
• Development of communication skills through public speaking workshops and final presentations
• Mentor pairing with a full-time Finance employee who will provide guidance and support throughout your internship
• Exposure to the Senior Finance Leadership Team (SFLT) and Finance Governance Committee - events include:
  • Group chat with NYL's Chief Financial Officer
  • Breakfast with NYL's Treasurer and Controller
  • Presentations by senior leaders from various Finance functions
  • A one-on-one lunch with a Finance Executive Officer
  • Small group sessions with Governance Committee members who are available in an advisory capacity
  • Farewell dinner with CFO & other senior Finance leaders
• Interns will have the opportunity to participate in a group business project with interns from other summer programs
• At the end of the summer, interns give a formal presentation about their experience at NYL, projects that they were involved in, and special assignments that were completed throughout the summer

Work experience:

Interns are placed across the organization in Corporate Finance and the Insurance and Agency Group. Specific functions could include:

• Accounting Operations
• Budget & Expense Management
• Financial Planning & Analysis
• Investment Accounting
• Statutory Accounting
• Tax Accounting
• Ratings & Funding
• Capital Management
• Projections
• Treasury
• Data Analytics
• Procurement

Social Events & Networking:

Interns are encouraged to join full-time employees in social events ranging from post-work gatherings to multiple team building sessions. Past events have included welcome breakfasts, ice cream socials, lunch with mentors, Finance engagement events, and a farewell dinner with the Senior Financial Leadership team. Other fun events have included a scavenger hunt around NYC, boat cruise around Manhattan, group volunteer activity, and trivia night. Finance interns also participate in Corporate Intern events providing networking opportunities with peers outside of Finance. Past events have included networking breakfasts and dinners, and communication and career planning workshops. You'll also be placed in small groups advised by a core group mentor who will plan special events for your group.

What You'll Bring:

You will bring a proficiency in Microsoft excel and have strong desire for continuous learning. You will have strong written and oral communication skills and interpersonal skills. You are analytically minded and intellectually curious and are a team player.

Required Skills:

• Rising junior's working toward a Bachelor's degree with an accredited college or university (or in a Graduate program)
  • Preferred majors: Accounting, Finance, Economics, Business Analytics
• Cumulative GPA of 3.2 or higher

Applications will be reviewed on a rolling basis and interviews will begin mid-September.

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Pay Transparency

Salary Range:$26/hour

Overtime eligible:Nonexempt

Discretionary bonus eligible:No

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.

Our Benefits

We provide a full package of benefits for full-time employees - and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work. Click here to discover more about our comprehensive benefit options or visit our NYL Benefits Site.

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 theFoundation.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.

Job Requisition ID:90608