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Internship

• Starts Jun 4

2024 Summer Intern - Structured Private Credit/Alternatives Portfolio Management

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Aflac

2mo ago

🚀 Off-cycle Internship

New York

⌛ Closed
Applications are closed

Off-cycle Internship

Banking & FinanceNew York

Description

  • Our summer interns participate in a series of activities that provide the opportunity to learn about all areas of the firm, as well as on-the job training in portfolio management. Additional asset class exposure may include, public and private credit, foreign exchange, derivatives, along with structured private credits and alternatives. The Intern will be assigned projects in support of current business needs while focusing on structuring of large data sets in support of trading, portfolio management, investment decision making in one of the above asset classes. Intern will also learn best practices in support of managing investments in an insurance asset manager for the full 10 week period.

Program Overview:

  • The Summer Internship is an intensive ~10-week program within the Structured Private Credit and/or Private Equity teams who are responsible for investment strategies in their respective asset class with a focus on a disciplined return on investment methodology.
  • The Intern will gain valuable experience in market and economic events, large data analysis and synthesizing investment information with key focuses related to portfolio construction, theoretical application of investment ideas to implementation and acting on those investments. All while learning about an insurance asset manager and the industry, company financials, economic market analysis; strong emphasis on U.S. and introduction to Japan capturing a variety of institutional and industry specific concepts to help inform investment professionals.
  • The Intern will benefit from exposure to Aflac Global Investments investment wide platform with emphasis on macro-economic data used across portfolio with an emphasis on fixed income, understanding investment risk management and economic undercurrent, and leading up to how data is assembled and presented to key stake holders.
  • The Intern will interact with Senior Management and will present their analytical project(s) to an audience of key stakeholders including other investment professionals, analysts, traders, portfolio managers, and Senior Management. 

Requirements

  • We seek highly motivated student with degree focus in computer science, information systems, data / business analytics; finance, or similar degree programs and has an ability to demonstrate a willingness to learn, intellectual curiosity, and have a strong interest working in investments, finance, data or business analytics within an insurance asset management and/or our company.
  • Additional qualifications include:
  • GPA of 3.0 or above preferred and in good standing with the school
  • Minimum Bachelor Degree with a concentration in Finance, Statistics, Economics, Data/Business Analytics, or similar degree programs.
  • Excellent analytical, quantitative, and problem solving skills
  • Strong verbal and written communication skills
  • Demonstrated leadership, interpersonal, and relationship management skills
  • Intermediate to advanced proficiency with MS Office, with an emphasis on Excel and PowerPoint
  • All candidates must have eligibility to work permanently in the U.S. and must be physically located in the continental U.S. for the duration of internship.
  • Working time zone is Eastern Standard Time in New York City.
  • Worker Designation: requires a hybrid work schedule with a minimum of 3 days in the New York City office

Education requirements

Currently Studying

Area of Responsibilities

Banking & Finance

Responsibilities

  • Communicate regularly with all aspects of an insurance asset manager with emphasis on relevant news, regularity of information, interpretation of information, data analytics and the potential risks, while developing methodology for presenting ideas in a thoughtful manner.
  • Learn how to research and correlate investment ideas and supporting analytics to develop an assessment within defined data sets, industry analysis; along with identifying key trends and movement within financial markets.
  • Create and maintain large data sets, while identifying key trends and statistical information to guide stakeholders in aiding in investment decisions.
  • Participate in the design and implementation of investment analytics pertaining to the assessment and management of the company’s investment strategies and risks, including but not limited to stochastic financial projections, understanding tail event stress testing, regulatory capital modeling, portfolio optimization, performance attribution, along with developing asset understanding in foreign exchange and derivatives.
  • Opportunity to significantly contribute to and influence the development of the company’s next-generation investment platform.
  • Interact collegially and professionally with other members of the trading and quantitative, strategy, and research groups as well as well as other departments such as Credit, Portfolio, External Management, Enterprise-Wide Risk Management, Accounting, Actuarial, Tax, IT, HR, etc.
  • Write industry reports as needed.
  • Participate company /department wide meetings throughout the summer.
  • Compile and maintain company and industry relative value analysis.
  • Written and verbal presentations to assorted stakeholders

Details

Work type

Full time

Work mode

hybrid

Start date

Jun 4, 2024

Location

New York

Benefits

  • Aflac Global Investments has $100 billion of assets under management.
  • Aflac is a Fortune 100 company with a significant overseas operations in Japan and a corporate culture that recognizes and rewards excellence in all of its employees.
  • Opportunity to gain deep industry knowledge of investments through focused interaction with existing experienced professional staff to generate real-world investment knowledge.
  • An open, collaborative work environment amongst other interns in different programs, as well as employees and senior management.
  • Training sessions including Introduction to Fixed Income, Life Cycle of Trading, Understanding Investments Technology Platform, The Role of Compliance in an Insurance Investment Firm, Credit/Market Risk, Derivatives, Macro Strategy, and Understanding the Buy-Side of Investments.
  • Weekly financial/investment/economic discussions with company sr. stakeholders to develop and inform investment theory to practical application.
  • Information sessions with senior management, networking with other interns placed throughout other areas of Aflac, and social activities.