2027 Global Investments (NY) Project Mgmt. Intern - New York, NY, USA

About Our Company

Aflac Asset Management, LLC, (d.b.a. Aflac Global Investments) is a wholly owned subsidiary of Aflac Incorporated (Aflac). Aflac Global Investments (GI) located in New York’s financial district and is the organization responsible for the overall investment activities of Aflac, Inc. and subsidiaries in Japan, Bermuda, and the U.S. With 150 employees globally, GI seeks investments to maximize long-term returns with a focus on preservation of capital, subject to our asset-liability profile and liquidity and capital requirements. GI has primary investment and asset management responsibility for Aflac’s general account consisting of public, private, and growth assets (including strategic partnerships) which generates approximately $3.5 billion a year in net investment income. As of year-end 2024, Aflac’s total general account portfolio was approximately $100 billion.

The investment teams support GI’s overall goals and objectives by providing market insight and in-depth knowledge of assigned asset classes. GI oversees the strategic deployment of capital for life and supplemental health insurance company balance sheets utilizing both internal teams and external third party asset managers.

Worker Designation – This role is hybrid. This means you will be expected to report to one of our Aflac offices located in New York, New York for at least 60% of the work week. You will work from your home (within the continental US) for the remaining portion of the work week. Details of this schedule will be discussed with your leadership.

*** Housing Stipend provided for non local candidates.

Program Overview

• The summer internship is an intensive 10-week hybrid program within the Sustainable Investment Integration team, within the U.S. Chief Investment Office and a team responsible for supporting the overall company platform by using large data sets to inform their investment and business 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.

Program 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 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.

Professional Development

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 investments and analytics. The Intern will be assigned projects in support of current business needs including research, portfolio optimization, structuring of large data sets in support of portfolio management and understanding how data informs and drives investment decision making. The Intern will be assigned projects in support of current business needs including research and analyst responsibilities within one or more sectors for the full 10-week period.

Job functional responsibilities include:

• 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 a methodology for presenting ideas in a thoughtful manner.
• Support the analysis and reporting of the Company’s commitments and objectives such as PRI, CDP, and TCFD.
• Support the continued enhancement of integrating environmental and social analysis into the investment process.
• Learn and support the company’s responsible investing framework and public commitments.
• Support GI’s management and collaborate with colleagues in legal, compliance, financial risk and operational risk management to establish appropriate accountabilities, controls and governance.
• Learn how to research industry trends and best practices in sustainability and determine applicability to the Company
• Maintain large data sets, while identifying key trends to guide stakeholders in aiding in investment decisions.
• Interact collegially and professionally with other members of the trading and quantitative, strategy, and research groups in Global Investments as well as other departments such as Enterprise-Wide Risk Management, Accounting, Actuarial, Tax, IT, HR, etc.
• Participate company /department wide meetings throughout the summer.
• Deliver 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.

Before Applying, consider the following

We seek highly motivated student pursuing their bachelor’s or masters degree in a business/finance 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, Sustainability Management or similar degree programs.
• Actively pursueing a undergraduate or graduate degree.
• 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.
• Worker Designation: “hybrid work schedule – minimum of 3 days per week” and excited to have in-person learning for the summer of 2027.