Investments, Mortgage Loans Internship (hybrid)

US030 MEMBERS Capital Advisors, Inc.; Madison (WI); On-site; USD 25,000 - 39,000; Full time

Benefits offered by this job

Medical coverage

Employee assistance program

401k plan

Job summary

TruStage offers a summer internship program in Madison, WI with two paths: Intern and Early Development Program (EDP) and Emerging Professional Program (EPP). Interns gain hands-on experience, mentorship, and development sessions designed to cultivate real estate and finance skills.

Open to undergraduates with anticipated graduation December 2027 or later; in-person role requiring up to 40 hours per week. Base pay ranges $18.00–$28.00 hourly, plus medical coverage, EAP and a 401(k).

Qualifications

• Pursuing a bachelor’s degree or equivalent work experience.
• Strong analytical, critical thinking and decision-making abilities.
• Excellent communication and interpersonal skills.
• Attention to detail and well-organized work style.

Responsibilities

• Review financial statements, rent rolls, and inspection reports for each loan in the portfolio.
• Analyze market data, vacancy rates, rents, comps and cap rates.
• Prepare valuations using Argus software and direct capitalization proforma analysis.
• Provide watchlist recommendations to Servicing Manager, Loan Officers and Portfolio Manager.
• Shadow origination process and underwrite new loan opportunities.
• Assist in reporting, closing, servicing, and portfolio management processes.
• Enter property financials into loan management system and Excel projects.

Skills

Analytical

Communication

Organizational skills

Interpersonal skills

Customer service

Education

Bachelor's degree in Real Estate or Finance

Tools

Excel

Argus

Job description

At TruStage, we’re on a mission to make a brighter financial future accessible to everyone. We put people first, and work hand in hand with employees and customers to create a diverse and inclusive environment. Passionate about building insurance and financial services solutions, we push the boundaries of what’s possible. We need you to help us shape what’s next. You’ll be encouraged to share your experiences, ideas and skills to help others take control of their financial future. Join a team that has received numerous awards for being a top place to work: TruStage awards and recognition Investments, Mortgage Loans Internship (hybrid)

Time Frame: June 1, 2027, through August 6, 2027.

Work Location: In-Person- TruStage office – 5910 Mineral Point Road, Madison, WI.

Eligibility: Students pursuing an undergraduate degree with an expected graduation date of December 2027 or later. Candidates who now or in the future require company sponsorship for an immigration‑related employment benefit are not eligible to apply.

Why intern at TruStage?

• Two-path program: Intern, Early Development Program (EDP)
• An internship path focused on delivering a meaningful experience designed to enhance student’s skillsets. With access to hands-on experience, mentorship, development sessions/workshops, and more, this pathway cultivates future talents who are exploring their career interests. Most appropriate for freshman and sophomores.
• Emerging Professional Program (EPP)
• An internship path focused on equipping soon-to-graduate students with the tools/skills needed to transition into a potential career at TruStage. Interns receive comprehensive support and guidance to enhance their company knowledge, integrate into the company culture, and develop key connections. This pathway enables young professionals to be considered for potential opportunities at TruStage.

Background Information:

MEMBERS Capital Advisors (MCA) d/b/a TruStage Investment Management (TSIM) is the wholly owned registered investment advisor (RIA) subsidiary of TruStage. TruStage Investment Management is responsible for the $34 billion TruStage General Account investment portfolio with a primary objective of preserving principal and compounding surplus through interest rate and credit cycles. By maintaining an appropriately balanced and diversified portfolio, we can generate strong and consistent Net Investment Income (NII), operate within established risk tolerance guidelines, and strive to minimize unintended volatility. The $5 billion commercial mortgage portfolio includes over 760 loans secured by retail, industrial, apartment, and office buildings in most major US markets. We worked with a national network of mortgage banking correspondents to originate over $735 million of high-quality commercial mortgage loans in 2025, with individual loan sizes ranging from $4 to $29 million.

Job Responsibilities:

• Review financial statements, rent rolls, and property inspection reports for each loan in the portfolio to monitor and track upcoming loan events and derive new property valuations.
• Analyze market data, including vacancy rates, rental rates, comparable sales, and cap rates.
• Prepare valuations using Argus software and direct capitalization proforma analysis.
• Provide watchlist recommendations and follow-up actions to Servicing Manager, Loan Officers and Portfolio Manager for underperforming loans.
• Job shadow the origination process and underwrite new loan opportunities.
• Assist in reporting, closing & servicing, and portfolio management processes.
• Enter property financials into loan management system, Excel projects, and ad hoc projects.
• The above statement of duties is not intended to be all-inclusive, and other duties will be assigned from time to time.

Job Requirements:

• Working towards a relevant degree or equivalent work experience.
• Strong analytical, critical thinking, problem-solving, and decision-making abilities.
• Demonstrated interpersonal and customer service skills.
• Well organized and exceptional attention to detail.
• Excellent communication skills.
• Intellectual curiosity and the desire to learn and develop professionally.

Preferred Experience:

• Pursuing a bachelor’s degree with a major(s) in Real Estate or Finance.
• General understanding of real estate fundamentals; has taken an introductory real estate course.
• Ability to work 40 hours per week during the summer.
• Attention to detail and continuous improvement.
• Ability to work independently, as well as cooperatively as part of a team.

TruStage may process applicant information using an Artificial Intelligence (AI) tool. This tool automatically generates a screening score based on how well applicant information matches the requirements and qualifications for the position. TruStage recruiters use the screening score as a guide to further evaluate candidates; the score is one component of an application review and does not automatically determine whether a candidate moves forward. Candidates may choose to opt out of this process.

Compensation may vary based on level of relevant experience, year in school and number of previous internships. Base Salary Range: $18.00 - $28.00

At TruStage, we believe a sound, inclusive benefits program is of vital importance, along with a flexible workplace that allows for work-life balance, career growth and retirement assistance.

• Medical coverage
• Employee assistance program
• 401k plan

Accommodation request TruStage is a place where everyone can bring their best self and thrive. If you need application or interview process accommodations, please contact the accessibility department.

We’re on a mission to make a brighter financial future accessible to everyone. Dedicated to helping more people — in more ways — make confident financial decisions at every stage. And we’re committed to delivering on this belief, together. Creating opportunities beside our partners, members of our communities and our employees.