Summer Internship

August 23, 2024
$31 / year

Are you applying to the internship?

Job Description

New York Life Investments Summer Internship Program

About New York Life Investments:

New York Life Investments, with over $700 billion in assets under management, is comprised of affiliated global asset management businesses of its parent company, New York Life Insurance Company. They offer clients access to specialized, independent investment teams through its family of affiliated boutiques, including:

New York Life Investments Management: Offers positions in New York City and Jersey City on teams including Marketing, Product, Strategy, and Data & Technology.
Apogem Capital: A leading alternatives investor with decades of experience investing in the middle market and approximately $42 billion in assets under management. Offers positions in Finance & Accounting, Tax, and Business Intelligence in offices in New York, Chicago, and Richmond.
MacKay Shields: Partners with clients to help meet their investment goals through high-quality products and exceptional service since 1938. Acquired by New York Life Insurance Company in 1984, it manages assets for institutional investors and other financial service providers across the globe. Offers internships on the Municipal Bond, High Yield, Fixed Income, and Marketing teams in New York, California, and New Jersey.

Job Description:

This 10-week paid internship, starting June 2025, is designed for rising juniors and seniors looking to gain experience, skills, and support to launch their careers. The program offers:

Weekly intern events: Lunch & Learns, Meet & Greets with senior leaders, and market calls.
Training and development seminars
Networking opportunities
Social events
Opportunity to be considered for a full-time analyst role

Responsibilities (Depending on placement):

• Create and participate in individual and/or group presentations.
• Partner with key internal stakeholders to drive efforts across marketing, sales, business intelligence, compliance, finance, legal, etc.
• Collaborate with investment partners to create new product marketing materials in various formats, including blogs, webcasts, videos, brochures, presentations, flyers, and digital representations.
• Synthesize research/analyses and develop concise and effective presentations to inform new product recommendations (PowerPoint or Word).
• Help prioritize and drive execution and project management on new product launches or product modifications.
• Assist with the planning and overall coordination of conferences/seminars/meetings.
• Participate in operational work such as updating and maintaining databases, managing daily queues, inputting client requests, etc.
• Conduct credit research, security analysis, industry/market research.
• Attend training and development seminars.
• Exposure to senior leadership, subject matter experts, networking opportunities, and social events.

Requirements:

• Currently pursuing an undergraduate or graduate degree at an accredited 4-year university or college with an anticipated graduation date between December 2025 and June 2027.
• Business, Finance, or related major preferred.
• Excellent interpersonal skills.
• Technical, analytical, and problem-solving skills with strong attention to detail.
• Prior internship experience or significant contributions to campus or community extracurricular activities.

At the end of the summer, interns will be considered for an offer to join the full-time New York Life Investments Analyst Program upon graduation. The analyst program is a 2-year program rotating between various business areas.

Applications are reviewed on a rolling basis, and interviews begin mid-September.