Senior Associate, Underwriter

Company name: Apogem Capital

Location Designation: Hybrid - 4 days per week

About Apogem Capital: Apogem is a leading private markets solutions provider with decades of experience focused on the middle market. With approximately $44 billion in assets under management as of December 31, 2025, Apogem partners with institutional investors to deliver disciplined underwriting, strategic capital deployment and long-term value creation. Apogem Capital operates within the New York Life Investment Management platform of companies, supported by the financial strength and long-term stability of a Fortune 100 mutual organization.

The role of Senior Associate for Private Credit is based in Chicago.

• 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, private equity sponsor, and 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.

• 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

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. Employees may also be eligible to participate in an incentive program.

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. We continually refine and add benefits to our offering so that you can flourish both inside and outside of work.

At New York Life, fostering an inclusive workplace is fundamental to who we are and how we serve our communities. We have a longstanding commitment to creating an environment where individuals can contribute their best and succeed together. By embracing a broad range of perspectives and experiences, we achieve greater success and fulfill our promise of providing financial security and peace of mind to families across all communities.