Duties DescriptionThe New York State Insurance Fund (NYSIF) is seeking several high-performing and motivated candidates to join its Investment Department for the Fall semester. The department oversees approximately $21 billion dollars across multiple asset classes.This internship offers a unique opportunity to gain hands-on experience with NYSIF's investment activities, and exposure to various asset classes. Interns will work directly with either the Alternatives or Sustainable Investing teams.Alternatives TeamThe Alternatives team oversees $1.2 billion in assets across private equity, private credit, and real assets. Duties include but are not limited to:
- Analyze and evaluate investment opportunities through financial and qualitative analysis.
- Assist in the due diligence process by reviewing fund materials, analyzing performance data, and preparing summaries for internal discussions.
- Assist in drafting investment memos and presentation materials for review by the Investment Committee.
- Conduct industry research and market analysis to inform investment decisions and portfolio strategy.
- Assist in identifying and tracking prospective investment opportunities by engaging with external managers and maintaining pipeline data.
- Work closely with investment members to support the broader investment workflow, from sourcing through execution and monitoring.Sustainable Investing TeamSustainable Investing team plays a central role in advancing NYSIF’s Net Zero Plus Climate Transition Strategy. Duties include but are not limited to:
- Support the integration of sustainability factors across the investment process by conducting research and analysis on material ESG risks and opportunities.
- Assist in identifying sustainable investment opportunities for NYSIF’s Net Zero Climate Portfolio.
- Assist in evaluating investment managers’ ESG policies, practices, and disclosures as part of ongoing due diligence and monitoring.
- Contribute to the development and refinement of climate-related frameworks and sustainable investment strategies, including decarbonization initiatives.
- Assist in drafting sustainability memos and presentation materials for review by the Investment Committee.
- Collaborate with other investment teams to support ESG integration across asset classes and develop cross-cutting research on sustainability trends.
- Maintain and update ESG-related dashboards, scorecards, and databases used for portfolio monitoring and reporting.Minimum Qualifications
- Currently enrolled in a college or university, or graduate program with a minimum of one (1) year of completed study.
- Enrolled in a NY State college or university and/or a NYS permanent resident.Preferred Qualifications
- Academic background in Finance, Economics, or Sustainability
- Strong writing and communication skills
- Advanced Microsoft Excel skills (e.g., pivot tables, VLOOKUP, data analysis)
- Working knowledge of PowerPoint for reports and presentations
- Proficiency with financial statement analysis
- Experience with statistical tools for evaluating ESG data (for Sustainable Investing applicants)Please be advised that the New York State Insurance Fund (NYSIF) does not offer sponsorship for employment visas to employees or potential employees. Candidates sponsored for employment by an organization should be aware of their sponsorship status and the relevant expiration date(s) of that sponsorship before applying to this position. NYSIF is not currently enrolled in eVerify, which is a requirement for certain types of employment verifications.
