Investment Risk Management Internship, Summer 2025

At Northwestern Mutual, we are strong, innovative and growing. We invest in our people. We care and make a positive difference. Internship candidates can expect a fulltime onsite internship program, running from May 29, 2025 to August 8, 2025. Carefully selected from universities across the country, our interns bring distinctive ideas and perspectives to our organization. Our employees are passionate about building our emerging talent and future leaders. After application and initial screening conversation, 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! 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.  Are you a self-motivated and well-organized student with a passion for AI and machine learning? Do you have experience with Python and are eager to apply your skills to real-world projects? We are looking for a dedicated and enthusiastic student to join our team and work on revisiting and building out our recession forecasting model using machine learning techniques in Python. This is a fantastic opportunity to gain hands-on experience, enhance your skills, and contribute to cutting-edge financial forecasting projects. Key Responsibilities Model Development: Revisit and enhance existing recession forecasting model to improve performance and accuracy. Data Analysis: Perform data preprocessing, feature engineering, and exploratory data analysis to support model development. Implementation: Write efficient and clean Python code to implement and optimize machine learning models. Evaluation: Conduct thorough testing and validation of models to ensure robustness and reliability. Documentation: Maintain comprehensive documentation of methodologies, code, and results. Reporting: Creating reports and dashboards using tools like Power BI. Qualifications: Currently enrolled in a Master's/Ph.D. program in Computer Science, Data Science, Engineering, Mathematics, Economics, or a related field. Technical Skills: Proficiency in Python programming; Experience with machine learning libraries such as scikit-learn and LightGBM; Strong understanding of machine learning predictive models and evaluation of them; Data Analysis and Reporting using SQL and Power BI. Analytical Skills: Ability to analyze and interpret complex datasets. Communication: Excellent verbal and written communication skills. Attributes: Self-motivated, well-organized, and able to work independently as well as part of a team. Who we are Northwestern Mutual has been helping families and businesses achieve financial security for over 160 years through a distinctive planning approach that integrates risk management with wealth accumulation, preservation, and distribution. With more than $290 billion in assets, $30 billion in revenues and more than $1.9 trillion worth of life insurance protection in force, Northwestern Mutual delivers financial security to more than 4.6 million clients. People are the power behind Northwestern Mutual, and diversity makes us better. We are committed to reflecting and serving the marketplace. We do so by attracting and improving the engagement of those who bring their outstanding perspectives, ideas, and beliefs. At Northwestern Mutual, people matter. And you'll be working for a company that's consistently voted among the "most admired" in the nation. We invite you to explore your career interests with us. #LI-hybrid Required Certifications: Compensation Range: Minimum: $16.50 Midpoint: $23.25 Maximum: $30.00 Pay 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 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 California, Colorado, New York City, Washington or outside of a Corporate location, please click for information pertaining to compensation and benefits. FIND YOUR FUTURE We're excited about the potential people bring to Northwestern Mutual. You can grow your career here while enjoying first-class perks, benefits, and commitment to diversity and inclusion.  Flexible work schedules Concierge service Comprehensive benefits Employee resource groups PandoLogic. Category:General, Location:Milwaukee, WI-53205

Created: 2025-02-14