Investment Risk Management Intern, Summer 2024

ersation, interns are aligned interview and be hired to a specific team at NM based on their abilities and interests, providing exposure to real-world business perspectives through hands-on learning and meaningful work. In addition to their day-to-day tasks, interns participate in professional development workshops, senior leadership Q&A's, volunteer initiatives, networking/social events, and more!

About Our Company

Northwestern Mutual has been helping families and businesses achieve financial security for nearly 165 years through a distinctive planning approach that integrates risk management with wealth accumulation and preservation. The company has the highest financial strength ratings awarded in the industry, managing a portfolio of over $270B in assets and distributing an unparalleled amount of dividends to its policy-owners annually.

The Investment Risk Management (IRM) Team

The IRM team plays a fundamental role in ensuring that Northwestern Mutual stays financially sound, allowing the company to fulfill its promises to our policy-owners when they need us the most. To do so our members collaborate with portfolio managers and the investment strategy group to develop processes and models that address the evaluation, control, management and mitigation of investment risks, including credit, market and liquidity risk.

We have an exciting opportunity for a highly analytical and upbeat undergraduate student to have an impact on our investment decisions, who is also interested in learning more about how we manage investment risk, report quantitative investment analytics, and develop financial models.

Basic Functions:

• Participates in development and research related to the Sentiment Analysis modeling for financial markets.

• Design and back test investment and trading strategies.

• Present findings to investment and risk professionals

Qualifications:

• Pursuing a Master's degree or PhD in Finance, Financial Engineering, Financial Math, Quantitative Economics, CS, Data Science or related field from an accredited college or university

• Desire to learn beyond the school curriculum.

• Confirmed technical proficiency working with Excel spreadsheets and models.

• Programming skills in Python, R, MatLab or other programming language

• Strong analytical, problem solving and decision-making skills, competencies in finance and sophisticated mathematics.

• Experience (school or practical) in ChatGPT, AI, Machine Learning, Systematic Investments, Quantitative Finance, Econometrics and/or Time Series Analysis.

• High degree of personal initiative, proven ability to work independently, excellent follow-through ability and sense of personal accountability.

Strong written and oral communication skills, ability to deal effectively and professionally with people at all levels.

Required Certifications:

Compensation Range:

Minimum:

$16.50
Midpoint:
$23.25

Maximum:

$30.00

P ay rates for internships are determined based on academic tenure and major.

Northwestern Mutual pays on a geographic-specific salary structure and placement in the salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity as well as the cost of labor in the market; and other conditions of employment. At Northwestern Mutual, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. Please note that the salary range listed in the posting is the standard pay structure. Positions in certain locations (such as California) may provide an increase on the standard pay structure based on the location. Please click here for additional information relating to location-based pay structures.

Build a strong career foundation with a best-in-class company that puts our client's interests at the center of all we do. Get started now!

We are an equal opportunity/affirmative action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity or expression, sexual orientation, national origin, disability, age or status as a protected veteran, or any other characteristic protected by law.

If you work or would be working in Ca lifornia, Colorado, New York City, Washington or outside of a Corporate location, please click here for information pertaining to compensation and benefits.