Prudential Ins Co of America
PGIM: 2026 Fixed Income, Summer Investment Analyst Program (Portfolio Analysis Group) (Finance)
Job Classification:
Investment Management - InvestmentsPGIM: 2026 Fixed Income, Summer Investment Analyst Program (Portfolio Analysis Group)
Location(s):
Newark, NJ (Hybrid)
PGIM is the diversified asset management business of Prudential Financial, Inc. (NYSE: PRU). With $1.3 trillion in assets under management, and 41 offices spanning 20 countries, PGIM is among the world's leading asset managers. Comprised of seven self-governing asset management divisions, PGIM offers a distinct workplace culture that aligns with the firm's ultimate objective: to provide premier service to our clients while fostering an inclusive workplace culture that is rooted in trust, respect, and equality. PGIM was ranked #3 in Pensions & Investments Best Places to Work in Money Management in 2023. Prudential is a fully inclusive workplace: we value the unique perspectives and experiences of every individual, and we work hard ensure to Prudential is a welcoming and rewarding place to work for people of all identities and backgrounds.
PGIM Fixed Income is a global asset manager offering active solutions across all fixed income markets. The company has offices in Newark, NJ, London, Amsterdam, Paris, Sydney, Singapore, Munich, Zurich, Hong Kong, and Tokyo. As of March 31, 2024, the PGIM Fixed Income has $821 billion of assets under management including $403 billion in institutional assets, $175 billion in retail assets, and $243 billion in proprietary assets. Over 1000 institutional clients have entrusted PGIM Fixed Income with their assets.
Timeline:
The internship program will run from Monday, June 1st, 2026, to Friday, August 7th, 2026.
We review applications on a rolling basis, and we encourage you to apply as soon as you are ready. All spring applications will close on or by Friday, March 14th, 2025, at midnight ET. We reserve the right to close applications early due to volume or role(s) being filled.
To ensure you are considered for the opportunities you want most, you are only able to apply to 3 positions per recruitment season.
Your Day to Day:
You will be empowered to contribute in a meaningful way, add new value to organization initiatives and effect change. During your 10-week summer internship within our Portfolio Analysis Group (PAG), you'll be assigned impactful day-to-day work and projects. Examples of work our PAG Analysts focus on include:
The Analyst in the Portfolio Analysis Group (PAG) evaluates portfolio positioning with respect to risk exposures and alpha objectives, provides portfolio construction and alignment insight, and analyzes performance drivers across a multitude of investment products and processes to deliver performance attribution.
Utilizing a variety of analytical tools, the analyst integrates specific client guidelines, objectives, and risk tolerances into the firm's investment process to ensure complete portfolio management and analytics are in place.
The analyst collaborates and works closely with other teams, including Senior PAG Analysts, Portfolio Managers, Traders, Risk Managers, the Quantitative Team, Credit Research, Client Advisory, and Sales and Marketing to ensure the Portfolio Management team has the tools and technology required to effectively manage portfolios.
The analyst also navigates multiple ad hoc requests and projects that relate to market or portfolio analytics received from all parts of the larger Fixed Income Organization. The analyst partners closely with peers throughout Fixed income to build organizational capabilities.
Required Qualifications:
Candidates must be enrolled in an accredited bachelor's program or 5th year master's program graduating between December 2026 and May 2027
Minimum 3.0 GPA
Prudential does not provide visa sponsorship for this position. Successful candidates must possess the requisite US employment authorization to be eligible for consideration
Experience with Microsoft Office Suite (Excel, Word, PowerPoint, etc.)
Preferred Qualifications:
Preferred majors:
Operations Research, Information/Financial Engineering, Mathematics, Statistics, Finance, or Economics, but all majors considered
Experience with Bloomberg, and other technical data analysis/modeling tools desirable
Our Application Process:
1. Submit your application.
2. If eligible, receive an invitation(s) for a video interview; this includes answering interview questions with a generative AI platform, with the business(es) that advance your application(s). A Notice Regarding Automated Employment Decision Tools was previously posted and can be accessed again through the following link. https://jobs.prudential.com/us-en/early-talent/programs/internships
3. If advanced, receive an invitation(s) for final round interview(s); you will have the opportunity to meet with us in person or virtually to learn more about our business and culture.
For 2025 early talent roles, our process is designed to help you learn more about Prudential/PGIM and share your story with us. Video interviewing allows greater flexibility, enables a quicker interview process, allows us to meet more candidates and share your story with more members of the team.
Note: The hourly rate for this role is $35.00. Roles may also be eligible for additional compensation and/or benefits.
Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.
Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition or any other characteristic protected by law.
If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com.
If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.