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2026 MacKay Shields Investments Summer Internship Program (Princeton, NJ) (El Segundo, CA)

New York Life Insurance Company
life insurance
United States, New York, New York
Sep 04, 2025
Location Designation:Hybrid - 4 days per week Shape your future: With a dynamic internship experience at New York Life. We offer opportunities across a variety of exciting businesses, including Actuarial, AI & Data, Finance, Investments, Technology, Underwriting, and more. Your internship journey is designed to challenge you through hands-on work experience that will equip you with valuable skills and insight to shape your path. You will build your network through collaboration and connection with talented interns and experienced employees through team-building activities, mentorship programs , and fun social events. By the end of your internship, you'll be equipped with new skills and a network that will propel you forward in your career journey. Role Overview: The New York Life Investments Summer Internship Program is an exciting opportunity for rising juniors and seniors looking to gain the experience, skills, and support they need to help launch their careers. The 10-week paid internship will take place starting June 2026. Participants will take part in weekly intern events, such as Business Overviews, Meet & Greets with senior leaders, and macro economy conversations with our Global Market Strategy Team. Our program includes training and development seminars, networking opportunities, social events, a collaborative summer internship project culminating in an opportunity to be considered for a full-time rotational analyst role. MacKay Shields: Since 1938, MacKay Shields has partnered with clients to help meet their investment goals through high quality products and exceptional service. As active managers, we serve a prominent group of pension funds, government and financial institutions, family offices, high net worth individuals, endowments, and foundations from across the globe. We were acquired by the New York Life Insurance Company in 1984 as the foundation to its multi-boutique investment advisor model. The model-which was designed to combine the benefits of nimble and independent investment boutiques with the strength of a financially strong partner-has been key to MacKay Shields 'success. The firm currently manages assets for institutional investors and other financial service providers across the globe from its locations in New York, California, and New Jersey. We are currently searching to fill a Summer 2026 Investments Analytics & Credit Research Internship to join our team of investment professionals at MacKay Municipal Managers in either our Princeton NJ or Los Angeles CA offices. What You'll Do: Supporting a team of research analysts and portfolio managers in active municipal bond portfolio investments, through close interaction with daily trading activity as well as special projects and reports Responsibilities would include document and financial analysis, including financial modeling and scenario analysis. Surveilling existing bond portfolio positions and preparing credit research updates using financial modelling, scenario analysis and relevant databases. Provide market data analytics interface through data collection and preparation of special market reports and presentations. Required Skills: Currently pursuing a Bachelor's Degree in Economics, Finance and /or Computer Science, Outstanding quantitative and qualitative analytical skills with knowledge of financial markets, capable of undertaking interpretive analysis of new concepts. Excellent interpersonal, collaboration and communication and writing skills; Detail-oriented with ability to effectively multi-task. Benefit to candidates with understanding of core computer science and programming concepts, including data structures, algorithms as well as knowledge of programming language (e.g., Java, Python, C++, etc.). Preferred: High proficiency in Excel/VBA, financial modelling and Bloomberg. Preferred: 1-2 years of analytical internship experience. Applications will be reviewed on a rolling basis, and interviews will begin in mid-September. #Investmentscampus #LI-CV1 Pay Transparency Salary Range:$26/ hour Overtime eligible:Nonexempt Discretionary bonus eligible:No Sales bonus eligible:No Our Diversity Promise At MacKay Shields, we commit to the equitable treatment of all. Differences in background, experience, characteristics, and abilities-whether readily visible or unseen-make each person unique and valuable. Attracting, developing, and retaining diverse talent is critical to our success. We promote a comprehensive approach to diversity and inclusion to serve our employees, our clients, and our community. Striving to make a positive impact and deliver results through performance with purpose is at the heart of our ethos.Click here to learn more about how we have been recognized for our leadership. MacKay Shields LLC is committed to creating a diverse employment environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment withoutregard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status or any other characteristic protected pursuant to federal, state or local law. Recognized as one of Fortune's World's Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by theFoundation.We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.