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Internship

• Starts Jun 4

Intern - Global Investments - New York

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Aflac

26d ago

🚀 Summer Internship

New York

⌛ Closed
Applications are closed

Summer 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 other fixed income assets, infrastructure debt, middle market loans, foreign exchange, derivatives, structured private credits and alternatives. The Intern will be assigned projects in support of current business needs while learning how to navigate the credit bond market (investment grade and high yield) and genesis of the investment decision and portfolio construction. 

Program Overview:

  • The summer internship is an intensive 10-week virtual program within the quantitative analytic solutions and trading team, a team responsible for driving portfolio investment recommendations using large data sets to inform their decisions. 
  • The Intern will gain valuable experience in market and economic events, using and sourcing large data analysis and synthesizing ideas from data, while also learning about insurance asset management and the industry. This may include investment market analysis; developing desk models capturing various aspects of daily team activities, while understanding how macro-economic and market events shape decision making.
  • The Intern will benefit from exposure to Aflac Global Investments investment wide platform with emphasis on fixed income, understanding quantitative analytic solutions, along with investment risk management, and the execution of investments across our US and Japan operations.
  • The Intern will interact with Senior Management and will present their analytical project(s) to an audience of key stakeholders including other analysts, investment professionals, and Senior Management. 

Requirements

  • We seek highly motivated student pursuing their bachelor’s degree in a business/finance or data analytics or STEM degree who is eager and willing to learn and have a strong interest in investments, finance, asset management, economics, insurance, and our company.
  • Additional qualifications include:
  • GPA of 3.0 or above preferred
  • Degree Focus: Finance, Statistics, Economics, Data or 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
  • Basic understanding of financial statements
  • 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.
  • Aflac Global Investment is working in a “hybrid work schedule – minimum of 3 days per week” and excited to have in-person learning for the summer of 2024.

Education requirements

Currently Studying
STEM
Bachelors

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 data and supporting analytics to develop an assessment within defined data sets, industry analysis; along with identifying key trends and movement within financial markets.
  • Assist in optimizing processes and technology, driving automation of portfolio analytics and reporting, and create dashboard using programming (SQL, Python), ensuring data integrity across reporting and analytics. Learn how to identify key trends and changes within the investment market.
  • 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.
  • Participate company /department wide meetings throughout the summer.
  • Written and verbal presentations to assorted stakeholders
  • The program offers various learning opportunities including presentations by senior management, business leaders, plus networking events with mentors, business sponsors, senior management and full time employees.

Details

Work type

Full time

Work mode

hybrid

Start date

Jun 4, 2024

Location

New York

Benefits

  • Aflac Global Investments has over $100 billion of assets under management.
  • Aflac is a Fortune 100 company with a significant overseas operations in Japan, Bermuda, and U.S. 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 work product.
  • 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 senior 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 virtual social activities.