Investments Intern
Job ID 2024-15066 Date posted 10/01/2024 Locations Waltham, MassachusettsOverview
As a mutual insurance company, we believe our corporate structure allows us to invest for the long-term with a focus on investment fundamentals rather than short-term market volatility. We achieve this through internal and externally managed strategies across a variety of markets and styles that best allow us to preserve and grow the company's capital.
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Full Time
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Level: Mid
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Travel: Yes
Success Profile
What makes a successful Investments team member at FM?
Check out the top traits we're looking for and see if you have the right mix.
- Detail Oriented
- Driven / Self-Starter
- Excellent Communicator
- Collaborative
- Creative Thinker
- Diligent
Testimonial
As CIO, I strongly believe that top talent, subject matter expertise - bottom up and top down, collaboration and seamless execution will define our long-term success towards excellence in investment management.
We have embarked on an exciting journey to further build a top-notch sophisticated investment management framework, focusing on excellence in portfolio management, best practices processes and top talent -- onboarding, developing and retaining. We are based in the greater Boston area, an absolutely vibrant eco-system for investment management. We are adding to our Insurance investments team in the areas of risk and performance analytics, multi-asset investments including equities & fixed income, and insurance investments risk management. We are also adding mid-level talent to the Pension Investments team for the Defined Benefit (open plan) and Defined Contribution plan.
Sanjay – Chief Investment Officer – Employee Since 2018
Benefits
Responsibilities
FM is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions. FM helps clients maintain continuity in their business operations by drawing upon state-of-the-art loss-prevention engineering and research; risk management skills and support services; tailored risk transfer capabilities; and superior financial strength. To do so, we rely on a dynamic, culturally diverse group of employees, working in more than 100 countries, in a variety of challenging roles.
Summary
Spend the summer engaging with clients and partners across our Investments Group, while helping to support FM’s core business objectives.
The FM Investments Team (FMIM) manages the general account assets of FM, a leading commercial property insurer. Through the FM Investments internship program, you will gain exposure to multiple asset classes (Equities, Fixed Income, Alternatives). You will work with our Investments Team members to develop various project deliverables. Internship projects will be allocated among interns appropriately. Interns will work closely with their assigned project mentor.
Schedule & Location
This is a full-time, office-based position working Monday through Friday throughout the summer months within our Waltham, MA or Boston, MA locations. Occasional travel to meetings and conferences to be expected based on business needs.
Internship projects may include some of the following:
- Engage in various investment projects across asset classes and disciplines – Equities, Fixed Income, Alternatives and Operations
- Portfolio management investment and risk analytics – total portfolio and by asset class
- Developing investment management reports by asset class
- Weekly / monthly / quarterly markets and portfolio analytics packet for Equities and Fixed Income
- Working with Investments team members and Bloomberg subject matter experts to build broad markets and asset class-based screens
- Industry research analysis
- Security level analysis
- Other investments and operations related projects
- Progress toward a bachelor’s degree, with a strong academic record
- Strong quantitative and presentation tools expertise / proficiency with Microsoft Office (Excel, PowerPoint, Word)
- Experience with Bloomberg and FactSet a plus
- Strong quantitative skills and mindset
- Keen interest in learning aspects of investment management
The hiring range for this position is $23.00 to $27.00 per hour. The final salary offer will vary based on geographic location, individual education, skills, and experience. FM is an Equal Opportunity Employer and is committed to attracting, developing, and retaining a diverse workforce.
