New York Life Investments Summer Internship Program

Job Description

About Company

New York Life is a prominent and well-established financial services company, recognized as one of Fortune’s World’s Most Admired Companies. It operates with a mutuality principle, ensuring decisions are made in the best interests of its policy owners. The company is committed to improving local communities through employee giving and volunteerism, supported by its Foundation. Diversity, equity, and inclusion (DEI) are core guiding principles embedded in its brand and culture, aiming to advocate for the financial security and success of people in every community.

New York Life offers a wide array of exciting businesses, including Actuarial, AI & Data, Finance, Investments, Technology, and Underwriting.

New York Life Investments (NYLI) is a significant part of the organization, offering opportunities within its management division and its boutique firms, Apogem Capital and MacKay Shields.
• Apogem Capital, with offices in New York, Chicago, and Richmond, is a leading alternatives investor specializing in the middle market. It boasts approximately $40 billion in assets under management and provides a full range of capital solutions to private equity sponsors and portfolio companies, while generating access to sought-after opportunities for its clients.

Job Description: New York Life Investments Summer Internship Program

This is a dynamic and challenging 10-week paid internship experience designed for rising juniors and seniors, offering valuable skills and insights to shape their career paths within the financial services industry.

Program Overview:
• Program Title: New York Life Investments Summer Internship Program.
• Duration: 10 weeks, paid.
• Start Date: June 2026.
• Target Audience: Rising juniors and seniors currently pursuing an undergraduate or graduate degree at an accredited 4-year university or college, with an anticipated graduation date between December 2026 and June 2027.
• Locations: Positions are available at New York Life Investments Management and its boutique firms, Apogem Capital, and MacKay Shields (with Apogem having offices in New York, Chicago, and Richmond).
• Opportunity Focus: The internship begins to develop a foundation in areas such as credit underwriting, financial analysis, and portfolio management through on-the-job training and specialized projects. Specific positions within Apogem Capital are available in Finance & Accounting, Tax, and Business Intelligence. The broader internship could lead to a full-time rotational analyst role in areas like Sales, Marketing, and Product.

Key Responsibilities and Learning Experiences (Depending on Placement):
• Presentations: Creating and participating in individual and/or group presentations.
• Stakeholder Collaboration: Partnering with key internal stakeholders across marketing, sales, business intelligence, compliance, finance, legal, etc., to drive efforts.
• Marketing Material Development: Collaborating with investment partners on creating new product marketing materials in various formats (social media posts, webcasts, videos, brochures, presentations, flyers, and digital representations).
• Research & Analysis: Synthesizing research and analyses to develop concise and effective presentations (PowerPoint or Word) to inform new product recommendations.
• Project Management: Assisting with prioritizing, driving execution, and project managing new product launches or modifications.
• Event Coordination: Helping with the planning and overall coordination of conferences, seminars, and meetings.
• Operational Support: Participating in operational work such as updating and maintaining databases, managing daily queues, and inputting client requests.
• Financial Research: Conducting credit research, security analysis, and industry/market research.
• Professional Development: Attending training and development seminars.
• Networking & Exposure: Gaining exposure to senior leadership, subject matter experts, and participating in networking opportunities and social events.

What You’ll Bring (Required Skills & Qualifications):
• A strong desire to learn more about New York Life Investments and the financial services industry.
• Strong written and oral communication skills.
• Technical and analytical skills with a strong attention to detail.
• Prior internship experience or significant contributions to campus or community extracurricular activities.
• Currently pursuing an undergraduate or graduate degree at an accredited 4-year university or college with an anticipated graduation date between December 2026 and June 2027.
• Business, Finance, or related major preferred.
• Excellent interpersonal skills.
• Problem-solving skills.

Program Benefits and Future Opportunities:
• The internship journey is designed to challenge interns through hands-on work experience, equipping them with valuable skills and insights.
• Interns will build their network through collaboration and connection with talented interns and experienced employees.
• The program includes team-building activities, mentorship programs, and fun social events.
• Participants will take part in weekly intern events such as Business Overviews, Meet & Greets with senior leaders, and macro economy conversations with the Global Market Strategy Team.
• The program includes training and development seminars, networking opportunities, and a collaborative summer internship project.
• Full-Time Consideration: By the end of the internship, participants will be considered for an offer to join the full-time New York Life Investments Analyst Program upon graduation. This is a 2-year rotational program between various business areas such as Sales, Marketing, and Product. In 2025, three rotational analyst roles were offered to NYLI summer interns.

Application Process:
• Applications will be reviewed on a rolling basis.
• Interviews are scheduled to begin in mid-September.

Compensation:
• Salary Range: $26 – $31 per hour.
• Overtime Eligible: Nonexempt.
• Discretionary Bonus Eligible: No (for the internship itself).
• Sales Bonus Eligible: No.
• Actual base salary will be determined based on several factors, including but not limited to an individual’s experience, skills, qualifications, and job location.