• Job Description

  Req#: 89141

  Location Designation: Hybrid

  When you join New York Life, you’re joining a company that values career development, collaboration, innovation, and inclusiveness. We want employees to feel proud about being part of a company that is committed to doing the right thing. You’ll have the opportunity to grow your career while developing personally and professionally through various resources and programs. New York Life is a relationship-based company and appreciates how both virtual and in-person interactions support our culture.

  2024 Summer Finance & Accounting Internship Program - New York Life

  The Finance and Accounting Summer Intern Program offers an exciting opportunity for rising juniors who are looking to gain the experience, skills, support, and exposure that they need to help launch their 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. The internships will be located in our home office in New York City.

  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:

  o Group chat with NYL’s Chief Financial Officer

  o Breakfast with NYL’s Treasurer and Controller

  o Presentations by senior leaders from various Finance functions

  o A one-on-one lunch with a Finance Executive Officer

  o Small group sessions with Governance Committee members who are available in an advisory capacity

  o 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 Analytic

  • 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.

  General information.

  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.

  Application requirements.

  We seek candidates who exhibit the following characteristics:

  • Rising junior’s working toward a Bachelor’s degree with an accredited college or university (or in a Graduate program)

  o Preferred majors: Accounting, Finance, Economics, Business Analytics

  • Cumulative GPA of 3.2 or higher

  • Strong written and oral communication, and interpersonal skills

  • Analytically minded and intellectually curious

  • Team oriented

  • Proficient in Excel

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

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  #LI-KR1

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  Salary range: $26/hour

  Click here to learn more about our benefits . Starting salary is dependent upon several factors including previous work experience, specific industry experience, and/or skills required.

  Please note: At this time, employees of Group Benefit Solutions can be considered for open positions within Group Benefit Solutions only. Applications from Group Benefit Solutions employees for open positions within other New York Life businesses are unable to be considered.

• About the company

  New York Life provides more than life insurance—we help individuals, families, and communities thrive.

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