"Alerted.org

NY HELP No

Agency Insurance Fund, State

Title Investment Intern

Occupational Category Financial, Accounting, Auditing

Salary Grade NS

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

Salary Range From $23.26 to $27.38 Hourly

Employment Type Part-Time

Part-time Percent 50%

Appointment Type Temporary

Jurisdictional Class Non-competitive Class

Travel Percentage 0%

Workweek Mon-Fri

Hours Per Week 8-15

Workday

From 9 AM

To 5 PM

Flextime allowed? No

Mandatory overtime? No

Compressed workweek allowed? No

Telecommuting allowed? Yes

County New York

Street Address 199 Church Street

City New York City

State NY

Zip Code 10007

Duties Description The New York State Insurance Fund (NYSIF) is seeking several high-performing and motivated candidates to join its Investment Department for the Spring 2026 semester. The department oversees approximately $21 billion dollars across multiple asset classes.This internship offers a unique opportunity to gain hands-on experience with NYSIF's investment activities, and exposure to various asset classes. Interns will work directly with either the Alternatives or Sustainable Investing teams.Alternatives TeamThe Alternatives team oversees $1.2 billion in assets across private equity, private credit, and real assets. Duties include but are not limited to:• Analyze and evaluate investment opportunities through financial and qualitative analysis.• Assist in the due diligence process by reviewing fund materials, analyzing performance data, and preparing summaries for internal discussions.• Assist in drafting investment memos and presentation materials for review by the Investment Committee.• Conduct industry research and market analysis to inform investment decisions and portfolio strategy.• Assist in identifying and tracking prospective investment opportunities by engaging with external managers and maintaining pipeline data.• Work closely with investment members to support the broader investment workflow, from sourcing through execution and monitoring.Sustainable Investing TeamSustainable Investing team plays a central role in advancing NYSIF’s Net Zero Plus Climate Transition Strategy. Duties include but are not limited to:• Support the integration of sustainability factors across the investment process by conducting research and analysis on material ESG risks and opportunities.• Assist in identifying sustainable investment opportunities for NYSIF’s Net Zero Climate Portfolio.• Assist in evaluating investment managers’ ESG policies, practices, and disclosures as part of ongoing due diligence and monitoring.• Contribute to the development and refinement of climate- related frameworks and sustainable investment strategies, including decarbonization initiatives.• Assist in drafting sustainability memos and presentation materials for review by the Investment Committee.• Collaborate with other investment teams to support ESG integration across asset classes and develop cross-cutting research on sustainability trends.• Maintain and update ESG-related dashboards, scorecards, and databases used for portfolio monitoring and reporting.

Minimum Qualifications • Currently enrolled in a college or university, or graduate program with a minimum of one (1) year of completed study.• Enrolled in a NY State college or university and/or a NYS permanent residentPreferred Qualifications:• Academic background in Finance, Economics, or Sustainability• Strong writing and communication skills• Advanced Microsoft Excel skills (e.g., pivot tables, VLOOKUP, data analysis)• Working knowledge of PowerPoint for reports and presentations• Proficiency with financial statement analysis• Experience with statistical tools for evaluating ESG data (for Sustainable Investing applicants).Interns must be available to work at least 8 hours per week and must report to the NYC office (199 Church Street) at least once a week

Additional Comments Fringe Benefits: • Competitive Compensation• Future Career Growth Potential• Open and Supportive Team-Based Environment• Full Medical, Vision, and Dental (with 50%+ schedule)• Retirement Options• Public Student Loan Forgiveness (PSLF)• Possibility of Telecommuting, Flextime, and Alternative Work SchedulesNYSIF Commitment to Diversity, Equity, and InclusionThe 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 31Executive 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 [email protected]. Official Civil Service Title: Student Assistant

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

Name Human Resources

Telephone

Fax 518-437-1618

Email Address [email protected]

Address

Street 15 Computer Drive West

City Albany

State NY

Zip Code 12205

Notes on Applying Candidates must submit a resume and cover letter. Submissions without a cover letter will not be considered. Please submit resume and cover letter to [email protected] referencing the Vacancy ID# in your subject line.Applicants must specify the team they are most interested in in the cover letter from the following:• Alternatives Team• Sustainable Investing Team