Review Vacancy

Date Posted: 12/02/24
Applications Due: 12/30/24
Vacancy ID: 173881

Position Information

NY HELPNo

AgencyInsurance Fund, State

TitleInvestment Intern

Occupational CategoryFinancial, Accounting, Auditing

Salary GradeNS

Bargaining UnitPS&T - Professional, Scientific, and Technical (PEF)

Salary RangeFrom $23.26 to $27.38 Hourly

Employment Type Part-Time

Appointment Type Temporary

Jurisdictional Class Non-competitive Class

Travel Percentage 0%

Schedule

Workweek Mon-Fri

Hours Per Week 15

Workday

From 9 AM

To 5 PM

Flextime allowed? No

Mandatory overtime? No

Compressed workweek allowed? No

Telecommuting allowed? No

Location

County New York

Street Address 199 Church Street

City New York City

StateNY

Zip Code10007

Job Specifics

Minimum Qualifications Enrolled full-time in a college, university, or graduate program in New York State and have completed a minimum of one (1) year of studies.

Duties Description This internship is in NYSIF’s Investment Department, which oversees around $20 billion across several asset classes. This year, the team seeks high performing and highly motivated candidates interested in the investment field. The internship will give insight into NYSIF's Investment activities, which are implementing several exciting strategies across the portfolio, specifically in the Alternatives, ESG and Sustainable Investing, and Risk teams.

Preferred Qualifications/Skills:
• Proficiency in MS Office.
• Strong analytical skills.
• Understanding of Finance, Economics, Risk, Sustainability.
• Have a minimum grade point average (GPA) of 3.0, or the letter grade equivalent.
• Able to work part-time Spring (10-15 hours weekly) and based on performance and availability the opportunity to transition to full-time Summer (20-30 hours per week).

Candidates must submit a resume and cover letter. Submissions without a cover letter will not be considered. In the cover letter, candidates should specify their preference for an internship in any of the three departments listed below. You may indicate a preference for more than one department.
1. Alternatives: Including Private Equity, Private Debt, Infrastructure, and Real Estate
2. ESG and Sustainable Investing
3. Investment Risk

Additional Comments Please note, the salary range shown includes location pay and/or geographic pay.

For new State employees appointed to graded positions, the annual salary is the hiring rate (beginning of the Salary Range) of the position. Promotion salaries are calculated by the NYS Office of the State Comptroller in accordance with NYS Civil Service Law, OSC Payroll rules and regulations and negotiated union contracts.

NYSIF has a telecommuting program.

Fringe Benefits:
• Competitive Compensation.
• Future Career Growth Potential.
• Open and Supportive Team-Based Environment.
• Plentiful Vacation, Personal, and Sick Leave Accruals.
• Paid State and Federal Holidays.
• Full Medical, Vision, and Dental.
• Retirement Options.
• Possibility of Telecommuting, Flextime, and Alternative Work Schedules.

NYSIF Commitment to Diversity, Equity, and Inclusion
The New York State Insurance Fund (NYSIF) prioritizes and champions diversity, equity, and inclusion (DEI) throughout our agency. NYSIF provides equal opportunities to all employees and applicants for employment without regard to race, religion, color, age, sex, national origin, sexual orientation, gender identity, disability, veteran status, or any other protected category under federal, state, and local law. We believe that embracing our differences brings richness, new ideas and experiences to NYSIF, which energizes a creative and innovative work environment. We strive to foster a workplace where diverse individuals are able to participate fully in the decision-making process and have ample opportunity for advancement. We are committed to investing the necessary resources and attention to improving the engagement, retention, and promotion of the extraordinary talent we have.

Executive Order 31 commits New York State government to becoming a model employer for people with disabilities, increasing the participation of people with disabilities in state service and ensuring equal access to opportunities. NYSIF is proud to utilize best practices to recruit, hire, retain, and promote career advancement of individuals with disabilities. This includes special focus on current and prospective employees with the most significant disabilities, such as the use of supported employment, individual placement with support services, customized employment, the civil service sections 55/b and 55/c programs, internships, and job shadowing. If you are a person with a disability and wish to request that a reasonable accommodation, be provided for you to participate in a job interview, please send an email to NYSIF’s Reasonable Accommodations mailbox at ra@nysif.com.

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Some positions may require additional credentials or a background check to verify your identity.

Contact Information

Name Paul Angelo

Telephone

Fax

Email Address hrexec@nysif.com

Address

Street PO Box 66699

City Albany

State NY

Zip Code 12206

 

Notes on ApplyingCandidates must submit a resume and cover letter. Submissions without a cover letter will not be considered. In the cover letter, candidates should specify their preference for an internship in any of the three departments listed below. You may indicate a preference for more than one department.
1. Alternatives: Including Private Equity, Private Debt, Infrastructure, and Real Estate
2. ESG and Sustainable Investing
3. Investment Risk

Please submit application materials to hrexec@nysif.com, referencing the Vacancy ID# in your subject line.