PGIM: 2027 Public Credit, Summer Investment Analyst Program (Portfolio Analysis Group)

Prudential Annuities Distributors (PAD); The Ironbound (NJ); Hybrid; USD 45,000 - 65,000; Full time

Job summary

PGIM, the global asset management business of Prudential Financial, invites applications for its 2027 Summer Investment Analyst Program in Newark, NJ. The 10-week internship in the Portfolio Analysis Group offers hands-on work in portfolio analysis and performance attribution.

You’ll collaborate with Portfolio Managers, Traders, and Risk Managers, and gain exposure to fixed income analytics. Applicants must be enrolled in a bachelor’s program or 5th year master’s program with a 3.2 GPA and US

Qualifications

• Candidates must be enrolled in an accredited bachelor’s program or 5th year master’s program graduating between December 2027 and May 2028.
• Minimum 3.2 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 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.

Responsibilities

• 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.

Skills

Microsoft Office

Bloomberg

Education

Bachelor's degree enrollment

Master's degree (5th year) enrollment

Tools

Bloomberg

Job description

Job Classification: Investment Management - Investments PGIM: 2027 Public Credit, 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.

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.

PGIM Public Fixed Income is a global asset manager offering active solutions across all fixed income markets with offices in Newark, NJ, London, Amsterdam, Paris, Sydney, Singapore, Munich, Zurich, Hong Kong, and Tokyo. As of March 31, 2025, PGIM Public Fixed Income has $862 billion of assets under management including $429 billion in institutional assets, $196 billion in retail assets, and $237 billion in proprietary assets. Over 1,100 institutional clients have entrusted PGIM Public Fixed Income with their assets.

Timeline: Program Dates: Monday, June 7th, 2027 - Friday August 13th, 2027 Application Deadline:, September 14, 2026 at midnight ET (We review applications on a rolling basis and reserve the right to close earlier based on volume or role availability.)

What you can expect: 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.

• 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.

• Candidates must be enrolled in an accredited bachelor’s program or 5th year master’s program graduating between December 2027 and May 2028.
• Minimum 3.2 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.).
• It’d be a plus if you had:
• 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.

Note: The hourly rate for this role is $40.00. Roles may also be eligible for additional compensation and/or benefits. #LI-Hybrid

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 [e-mail].

If you are experiencing a technical issue with your application or an assessment, please email [e-mail] to request assistance.

PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU), is a global investment manager with US $1.3 trillion in assets under management as of Dec. 31, 2023. With offices in 18 countries, PGIM’s businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate, and alternatives. For more information about PGIM, visit pgim.com.

Prudential Financial, Inc. (PFI) of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom, or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. For more information please visit news.prudential.com.

PGIM Inc. (PGIM) is the principal asset management business of Prudential Financial, Inc. (PFI), a company incorporated and with its principal place of business in the United States. PFI of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom.

Our Commitment to an Inclusive Workplace Prudential Financial, Inc. serves its customers in more than 40 countries and territories, and we seek talented, creative individuals from a variety of backgrounds, worldviews, and life circumstances to work with us. We are focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We don’t just accept difference—we celebrate it, support it, and thrive on it. At Prudential, employees have a unique opportunity to build their career path by owning their development, their career, and their future. We encourage employees to hone their skills and explore continued opportunities within Prudential.