New York Life Insurance Co

Senior Associate, Underwriter

Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • BA/BS degree required
  • 3-5 years of relevant experience in private credit or similar roles
  • Strong analytical, problem-solving, and organizational abilities
  • Excellent written and verbal communication skills
  • Ability to manage multiple tasks efficiently
  • Strong work ethic and attention to detail
  • Familiarity with cash flow lending preferred, but not required

Responsibilities

  • Manage complex financial modeling for investment assessments
  • Conduct industry research to enhance due diligence reports
  • Organize and review transaction due diligence
  • Identify and assess underwriting strengths and risks
  • Support credit facility underwriting and legal documentation processes
  • Proactively manage a portfolio of accounts
  • Mentor junior underwriting staff

Benefits

  • Comprehensive benefits package
  • Flexible leave programs
  • Adoption assistance
  • Student loan repayment programs
  • Continually evolving benefits based on employee feedback
Full Job Description
Company name: Apogem Capital

Location Designation: Hybrid - 4 days per week

Apogem Capital is recruiting a Senior Associate for the Private Credit strategy. The ideal candidate has a strong understanding of credit underwriting and can demonstrate an ability to balance detail with broader issues, in both written and oral communication. The primary responsibilities include conducting industry research and reviewing diligence on potential investments, preparing transaction memos and underwriting reports, developing financial models, assisting in deal closings, and managing a portfolio of accounts. Senior Associate candidates are able to draw thoughtful and relevant conclusions based on their analysis of new transactions and portfolio accounts and can effectively communicate their findings both internally and externally. A Senior Associate candidate should have a working knowledge of the practical application of the senior loan documents. The role is based in Chicago.

What You'll Do:
  • Manage complex financial modeling.
  • Conduct industry research to supplement third-party reports.
  • Organize, review, and present transaction due diligence.
  • Identify and analyze underwriting strengths and risks.
  • Support the underwriting of credit facilities, including: preparation of written documents (internal underwriting memos and term sheets), communication with transaction stakeholders (senior and subordinated lenders, the private equity sponsor, and the target company), and assistance in the legal documentation and closing process.
  • Proactive problem solving and active daily management of a portfolio of accounts.
  • Mentor and assist junior underwriting professionals


What You'll Bring:
  • BA/BS required
  • Approximately 3-5 years of relevant work experience
  • Robust analytical, problem-solving and organizational skills
  • Excellent written and verbal communication skills
  • Ability to multi-task and manage time and workload efficiently
  • Strong work ethic, intellectual curiosity, and attention to detail
  • Demonstrate effective working relationships with teammates
  • Advanced knowledge of Microsoft Office (Word, Excel, PowerPoint) and knowledge of AI resources (ChatGPT, Copilot)
  • Prior cash flow lending experience preferred, but not required

#LI-AM1

Pay Transparency

Salary range: $150,000

Overtime eligible: Exempt

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. 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 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 hereto discover more about our comprehensive benefit options or visit our NYL Benefits Site.

Job Requisition ID: 94282

About New York Life Insurance Co

New York Life Insurance Company is a mutual life insurance company in the United States and one of the life insurers in the world, ranking #88 on the 2014 Fortune 500 list with over $540 billion in total assets under management, and more than $19 billion in surplus and AVR. New York Life and its subsidiaries provide insurance, investment, and retirement solutions. For 175 years, the company has been helping people put their love into action. It was founded in 1845 and is headquartered in New York.

New York Life Insurance Co Careers

Join the esteemed team at New York Life Insurance Co, a leader in the insurance industry, and propel your career to new heights with unparalleled job opportunities. As one of the most respected names in life insurance, we offer a platform where professionalism meets innovation, creating an environment ripe for personal and professional growth.

Work You’ll Do

At New York Life Insurance Co, you will be part of a culture that cherishes diversity and fosters leadership. Our team is composed of skilled professionals dedicated to providing financial security and peace of mind to our clients. By joining us, you will collaborate with top-tier experts in finance and insurance, leveraging your skills to make a meaningful impact.

Explore Career Paths

Whether you are seeking an internship, a full-time position, or a leadership role, New York Life Insurance Co provides a variety of career paths to help you achieve your professional goals. Our commitment to career development is evident through extensive training programs and continuous learning opportunities that ensure our team remains at the forefront of the industry.

Innovate and Lead

Embrace the opportunity to lead projects that drive innovation within the company and the insurance industry. New York Life Insurance Co is at the intersection of tradition and innovation, where we constantly strive to develop solutions that anticipate the needs of our clients.

Be Part of a Great Team

Our team at New York Life Insurance Co is our greatest asset. We thrive on collaboration and respect each other’s contributions, creating a supportive and inclusive workplace. Here, networking and mentorship go hand in hand with day-to-day operations, providing a robust support system for career advancement.

Future-Proof Your Career

With New York Life Insurance Co, your career is future-proofed with endless opportunities for advancement. Our comprehensive benefits package supports your life both inside and outside of work, while our leadership and diversity training prepare you to take on new challenges.

Join Our Team

Search for open positions that match your skills and interests. We are hiring creative, curious, and motivated individuals who are ready to drive their careers forward. Explore our job opportunities and find out how your talents can make a difference at New York Life Insurance Co.

Stay Connected

Keep up to date with the latest industry trends, career tips, and company news through our Careers Blog. Personalize your experience by subscribing to job alert emails, tailored to your preferences, and discover the exciting and rewarding opportunities that await at New York Life Insurance Co.

Prepare for Your Interview

Ready to join us? Prepare your resume and sharpen your interview skills to become part of a company that values vision, leadership, and a commitment to excellence. At New York Life Insurance Co, we are not just offering a job; we are offering a pathway to success.

New York Life Insurance Co – A Place Where Careers Are Made

From fostering innovation to encouraging diversity, New York Life Insurance Co is where you can pursue your passions and grow your career. Join us and make a difference in the lives of our clients and communities every day.
Learn more about New York Life Insurance Co
Size
11,960 employees
Industry
Founded
1845

Similar Jobs

More Jobs at New York Life Insurance Co

More Finance & Insurance Jobs

Find similar Senior Associate, Underwriter jobs: