2027 New York Life Investment Management - Investments and Market Data Operations Internship

Posted One Month Ago
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New York, NY, USA
Hybrid
27-27 Hourly
Internship
Artificial Intelligence • Cloud • Fintech • Information Technology • Insurance • Financial Services • Big Data Analytics
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The Role
Paid 10-week summer internship supporting investment services and market data operations. Responsibilities include reconciliations, exception investigation, reporting, data analysis, project tracking, process improvement, vendor agreement management, stakeholder meeting support, and business documentation. Interns gain exposure to investment operations, market data, vendor management, and asset management while developing analytical, communication, and problem-solving skills.
Summary Generated by Built In
Job Requisition ID: 94856
Location Designation: Hybrid - 3 days per week
These roles are based in New York City (NY)
Shape your future with a dynamic internship experience at New York Life.
At New York Life, you'll have the opportunity to build meaningful skills while contributing to work that makes an impact. Our internship program offers hands-on experience across a variety of business areas, allowing you to collaborate with experienced professionals, develop your network, and gain exposure to the financial services industry.
Throughout the summer, you'll participate in professional development sessions, networking events, mentorship opportunities, and social activities designed to support your growth. By the end of the internship, you'll have developed valuable business and technical skills, expanded your professional network, and gained meaningful experience to help launch your career.
Role Overview
The New York Life Investments Management (NYLIM) Investments and Market Data Operations Summer Internship Program is an exciting opportunity for rising juniors and seniors interested in Investment Operations or Market Data and Vendor Management within the asset management industry.
Throughout the summer, interns will participate in business overviews, networking opportunities, leadership presentations, training sessions, and collaborative intern programming while gaining firsthand exposure to the operational end of New York Life Investments Management.
This 10-week paid internship begins in June 2027 and is based in our New York City office. Interns will join one of the following teams:
  • Investment Services Operations
  • Market Data Operations

What You'll Do
Investment Services Operations Internship
  • Support the Enterprise Investment Services team by assisting with daily operational activities across investments, accounting and data warehouse support functions.
  • Perform reconciliations between systems, investigate exceptions and assist with issue reconciliation.
  • Contribute to project management activities by tracking deliverables, coordinating tasks, and supporting process improvement initiatives.
  • Assist with data analysis, reporting, and the preparations of business documentation using Microsoft Excel and other internal systems.
  • Collaborate with team members on special projects and gain exposure to the operational processes that support the investment lifecycle.

Market Data Operations Internship
  • Support the team with ongoing requests like new agreements, renewals and other inquiries which are logged and monitored for progress
  • Have hands-on experience working on real business projects like cost savings, process improvements, transparency tools and new data implementations to share progress and challenges while receiving firm-wide exposure
  • Organize and support key stakeholder meetings with vendors through material preparations and additional action items.

What You'll Learn
  • Gain exposure to the operational infrastructure that support a leading asset management organization.
  • Build project management and problem solving skills through real world business assignments.
  • Learn how cross-functional teams partner to support investment management activities and deliver exceptional client service.
  • Develop professional skills through mentorship, collaboration, and networking opportunities across the Investments organization.

What You'll Bring
We're looking for students who are curious, collaborative, and eager to learn about financial services.
Successful candidates will demonstrate:
  • Strong analytical and problem solving skills with a high level of attention to detail
  • Proficiency in Microsoft Excel and Microsoft Office Suite
  • Effective written and verbal communication skills
  • Ability to collaborate across multiple teams
  • Interest in financial services and investments
  • Previous internship experience or leadership in campus organizations is a plus

Required Qualifications
  • Currently pursuing a bachelor's degree at an accredited four-year college or university
  • Anticipated graduation between December 2027 and June 2028
  • Preferred majors include Business, Finance, Accounting, Economics or a related field
  • Eligible to work in the United States without current or future sponsorship

Program Experience
As a New York Life Investments intern, you'll also enjoy:
  • Professional development workshops
  • Networking opportunities with senior leaders and business partners
  • Mentorship opportunities
  • Social and volunteer events
  • Exposure to leaders across New York Life Investments
  • Collaborative intern projects
  • Opportunities to build lasting professional relationships

High-performing interns may be considered for future full-time early career opportunities within New York Life Investments based on business needs and individual performance
Applications will be reviewed on a rolling basis, and interviews will begin will begin no later than October 2026.
To be eligible for this program, you must be authorized to work in the U.S. We do not offer any type of employment-based immigration sponsorship for this program. Likewise, this program is not available to those authorized to work under optional practical training (OPT) or curricular practical training (CPT).
Curious what it's like to intern at NYL? Check out #NYLEarlyCareers on LinkedIn!
#LI-MW1
#Investmentscampus
Pay Transparency
Salary Range: $27 / hour
Overtime eligible: Nonexempt
Discretionary bonus eligible: No
Sales bonus eligible: No
Actual base salary will be determined based on several factors but not limited to individual's experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.
Our Diversity Promise
We believe in a diverse workforce because it is our mission to advocate for the financial security and success of people in every community. This is why diversity, equity, and inclusion (DEI) are guiding principles that are embedded in our brand and our culture. Click here to learn more about how we have been recognized for our leadership.
Recognized as one of Fortune's World's Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.
#BI-Hybrid

Skills Required

  • Currently pursuing a bachelor's degree at an accredited four-year college or university
  • Anticipated graduation between December 2027 and June 2028
  • Eligible to work in the United States without current or future sponsorship
  • Business, Finance, Accounting, Economics, or related major
  • Strong analytical and problem-solving skills with attention to detail
  • Proficiency in Microsoft Excel and Microsoft Office Suite
  • Effective written and verbal communication skills
  • Ability to collaborate across multiple teams
  • Interest in financial services and investments
  • Previous internship experience or leadership in campus organizations

What the Team is Saying

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New York Life Compensation & Benefits Highlights

  • Retirement Support — The package prominently features a defined‑benefit pension alongside a 401(k) with company match, with some materials noting day‑one vesting. This combination is repeatedly highlighted as a standout for long‑term security.
  • Parental & Family Support — Offerings include fertility support, adoption assistance, childcare and elder‑care resources, backup childcare/tutoring, and expanded paid new‑parent leave. These benefits are presented as broad, practical supports for caregivers.
  • Healthcare Strength — Listed benefits span medical, dental, vision, spending accounts, life and disability coverage, plus EAP, counseling, wellness resources, and fitness perks. The breadth of core health coverage is consistently emphasized for corporate roles.

New York Life Insights

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The Company
HQ: New York, NY
12,000 Employees
Year Founded: 1845

What We Do

At New York Life, our 180-year legacy of integrity, mutuality, and financial strength fuels a future defined by bold transformation. As the largest mutual life insurance company in the U.S., we operate on behalf of our policy owners—not shareholders. That structure allows us to take a long-term view, investing in people, purpose, and innovation that endures. Guided by a clear enterprise vision to become a technology-, data-, and AI-powered company, we’re modernizing our platforms, rearchitecting experiences, and embedding intelligence across our products and services. Our mission has always been about helping people through life’s most meaningful moments. Today, technology is amplifying that mission—enabling us to serve clients, advisors, and communities in more personalized, proactive ways. With a diversified business portfolio spanning insurance, investments, retirement, group benefits, and direct-to-consumer offerings, New York Life delivers the stability of a Fortune 100 company with the agility of one that’s continuously evolving. We’re powered by a values-led culture, inclusive teams, and a shared belief that when our people thrive, so does our company. Here, tradition fuels momentum—and your ideas, energy, and growth power what’s next.

Why Work With Us

New York Life is transforming from the inside out—blending 180 years of trust with the velocity of innovation. What makes us different is our culture: grounded in integrity, humanity, and shared success—values that show up in how we work, lead, and grow. If you want a place where innovation has purpose—build what's next with us.

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About our Teams

New York Life Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Typical time on-site: Not Specified
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HQNew York, NY
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