Intern » EltasJobs

Intern(Job Number: 50953863)

Description

We are the Duck. We inspire and are inspired, listen and respond, empower our people, give back to our community and, most importantly, celebrate every success along the way. We do it all – The Aflac Way.

Aflac, a Fortune 200 company, is an industry leader in voluntary insurance products that pay cash directly to policyholders and one of America’s best-known brands. Aflac has been recognized by Fortune magazine as one of the 100 Best Companies to Work For in America for 18 consecutive years, one of the Best Workplaces for Millennials in 2015 (the inaugural year of the award) and one of America’s Most Admired Companies for 15 years.

Our business is about being there for people in need. So, ask yourself: Are you the Duck? If so, there’s a home — and a flourishing career — for you at Aflac.

The Company

Aflac Asset Management, LLC

The Location

New York, NY

The Division

Global Investments

The Opportunity

Internship – Investment Risk

About Our Company

Aflac Global Investments located in the heart of the financial district is the organization who’s responsible for the overall investment activities of Aflac, Inc. With more than 100 employees in US (New York) and Japan (Tokyo); Aflac’s Global Investments organization seeks to maximize risk-adjusted returns subject to our liability profile and capital requirements and generates in excess of $3.0 billion a year in net investment income.

Eric Kirsch, global chief investment officer, was named to the Power 100 List of CIOs by Chief Investment Officer Magazine in 2017 for the third consecutive year; recognition that only one of just two U.S. insurance CIOs to make the list. Eric was also named Top 30 CIOs by Trusted Insight in 2017 for a second consecutive year.

Aflac Incorporated was founded in 1955 and is headquartered in Columbus, Georgia.

When a policyholder gets sick or hurt, Aflac pays cash benefits fast. For six decades, Aflac insurance policies have given policyholders the opportunity to focus on recovery, not financial stress. In the United States, Aflac is the leading provider of voluntary insurance at the work site. Through its trailblazing One Day PaySM initiative, Aflac U.S. can receive, process, approve and disburse payment for eligible claims in one business day. In Japan, Aflac is a leading provider of medical and cancer insurance and insures 1 in 4 households. Aflac individual and group insurance products help provide protection to more than 50 million people worldwide. As of December 31, 2016, Aflac assets were $110 billion with total revenues totaling $22.7 billion.

For twelve consecutive years, Aflac has been recognized by Ethisphere magazine as one of the World’s Most Ethical Companies. In 2017, Fortune magazine recognized Aflac as one of the 100 Best Companies to Work For in America for the 20th consecutive year. Also, in 2016, Fortune magazine included Aflac on its list of Most Admired Companies for the 17th time, ranking the company No. 1 in innovation for the insurance, life and health category. Aflac Incorporated is a Fortune 500 company listed on the New York Stock Exchange under the symbol AFL.

Program Overview

The Associate Summer Internship is an intensive 10-week program within the investment risk department where the intern will learn about the importance of actuarial science and risk management within a large global insurance company with a focus on quantitative risk analytics and model development.
The Intern will gain valuable experience in investment management risk, including exposure to industry, company, financial, and market analysis as generated by group.
The Intern will benefit from exposure to projects from Concept à Design àTest àImplementation; along with daily activities and its importance in achieving business objectives.
The Intern will interact with Senior Management and will present their analytical project(s) to an audience of key stakeholders including Senior Management.

Program Benefits

Aflac Global Investments has over $100 billion of assets under management, including approximately $60 billion of credit investments.
Aflac is a Fortune 100 company with a significant overseas operation and a corporate culture that recognizes and rewards excellence in all of its employees.
Opportunity to gain deep industry knowledge of insurance 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, Understanding the Buy-Side of Investments.
Information sessions with senior management, networking with other interns placed throughout other areas of Aflac, and 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 portfolio management and surveillance. The Intern will be assigned projects in support of current business needs including assigned research and analyst responsibilities within one or more sectors for the full 10 week period.

Job functional responsibilities include:

Actuarial and investment risk management professionals, with a focus on quantitative risk analytics and model development, in a large global life insurance company.
Participate in the design and implementation of quantitative analytics pertaining to the assessment and management of the company’s investment strategies and risks, including but not limited to stochastic financial projections, extreme tail event stress testing, regulatory capital modeling, etc.
Programming and Development in C++ and C# languages are required; VBA Excel, Python, and Matlab a plus
Provide quantitative support and business insight to senior management for different investment decisions, through analyses of financial impacts due to exposures in market risk, credit risk, asset/liability risk and/or operational risk.
Opportunity to significantly contribute to and influence the development of the company’s next-generation investment platform and enterprise-wide risk system.
Interact collegially and professionally with other members of the investment risk .management team, as well as other departments such as accounting, actuarial, IT, etc.
Prepare oral and written analyses and concepts to Investment Risk Management group.
Compile and maintain highly sensitive and confidential information in accordance with Aflac Global Investment policies.
Written and verbal presentations to key stakeholders.

Qualifications

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.

Learn More

Please check out recent information about Aflac Global Investments: www.aflac.comor call

Lisa Warren, Sr. Human Resources Business Partner at lwarren@aflac.com or at 212-510-4666.

Before Applying consider the following

We seek highly motivated MBA students who are eager and willing to learn and have a strong interest in investments, finance, asset management, economics, insurance, and our company.

Additional qualifications include: