Investment Analyst Intern

Milliman; Clarence Valley; On-site; AUD 60,000 - 72,000; Full time

Benefits offered by this job

Paid internship

Job summary

Milliman in Sydney CBD invites an Intern to support investment ideas analysis, data cleansing and automation. You will work with portfolio managers and consultants to gain hands-on experience in derivatives overlays and asset allocation.

The role offers exposure to actuarial and risk management tasks, with 3–5 day work weeks and potential for full-time or part-time arrangements. Suitable for final-year students seeking practical experience.

Qualifications

• Currently enrolled and in the final year of a Bachelor’s or Master’s program in actuarial, financial mathematics, statistics, engineering, or a related field
• Proficiency in Excel VBA. Knowledge of SQL, R, Python and other programming languages is a plus
• Self-motivated with curiosity and results-oriented work ethic
• Ability to analyse and solve problems both independently and in a team
• Excellent project management, communication and time management skills
• Strong analytical thinking, judgment and ability to articulate ideas clearly
• Collaborative mindset and willingness to work with others

Responsibilities

• Analyze investment ideas from derivatives hedging overlays and asset allocation perspectives
• Support day-to-day portfolio management operations
• Perform data cleansing on in-house data for accuracy
• Assist in developing and maintaining databases used by the portfolio management team
• Help automate processes for portfolio management and actuarial teams
• Analyze data and produce modelling outcomes using Milliman’s in-house tools
• Complete ad-hoc projects as assigned by portfolio management and actuarial teams

Skills

Excel VBA

SQL

Python

Teamwork

Communication

Education

Bachelor's or Master's in actuarial, financial mathematics, statistics, engineering

Tools

In-house tools

Job description

We’re a close-knit team based in Sydney CBD, with a focus on implementing derivative-based overlays and investment strategies for superannuation funds, ETF providers, managed funds and managed accounts. As well as providing consulting and financial risk management to insurers, and supporting the design of retirement income products and strategies.

Your Role / What You’ll Do

As an Intern, you will support our team in analysing investment ideas, process automation, day-to-day operations, data cleansing, validation, and analysis. You will work closely with our portfolio managers and consultants to gain hands-on experience and contribute to the success of our team.

Roles and responsibilities:

• Conduct and support analysis on investment ideas, both from a derivatives hedging overlays and asset allocation perspective
• Assist with day-to-day portfolio management operational tasks to ensure smooth team functioning.
• Perform data cleansing activities on in-house data, ensuring accuracy and completeness
• Assist in the development and maintenance of databases used by the portfolio management team
• Assist in the automation of processes used by the portfolio management and actuarial team
• Assist in analysing data and produce modelling outcomes using Milliman’s in-house tools and resources.
• Complete ad-hoc projects as assigned by the portfolio management and actuarial team

Your Qualifications

Requirement for Ideal Candidates:

• Currently enrolled and in the final year of a Bachelor’s or Master’s program in actuarial, financial mathematics, statistics, engineering, or a related field
• Proficiency in Excel VBA. Knowledge of SQL, R, Python and other programming languages is a plus
• Self-motivated individual with a sense of intellectual curiosity and results-oriented work ethic
• Ability to analyse and apply creative problem solving both independently and within a team
• Excellent project management skills, including communication and time management skills
• Sharp critical thinking skills, sound judgment and decision making ability, and both the ability and willingness to clearly articulate your ideas
• An inherent sense of the value of collaboration

Sponsorship

Only Australian Citizens or Permanent Residents will be considered for this role.

Milliman is an Equal Opportunity Employer

Milliman is fully committed to the maximum utilisation of all human resources and the goals of Equal Employment Opportunity. We recruit, hire, train, promote, and consider qualified applicants for employment, in all job titles without regard to age, ethnicity, colour, relationship status, political opinion, race, religion, sex, sexual orientation, gender identity, pregnancy, mental or physical disability, and shall not discriminate against any individual, or any other characteristic protected by law.

The paid internship is available on a full-time or part-time temporary basis, working 3-5 days a week and over holidays. Early start available for the right candidate.