Public Investments Quantitative Analyst Intern, Summer 2027

Northwestern Mutual; Milwaukee (WI); On-site; USD 22,000 - 41,000; Full time

Job summary

Northwestern Mutual’s Public Investments Department seeks a Quantitative Analyst Intern for summer 2027. You will build data models, create dashboards with Tableau and Streamlit, and develop ML models integrated into Snowflake, collaborating with Portfolio Managers, Traders, and Credit Analysts to shape investment processes.

Expect onboarding to data sources, data quality testing, and exposure to quantitative methods like Monte Carlo simulations and backtesting in a fast-paced environment.

Qualifications

• Pursuing a Bachelor’s degree in a quantitative field (e.g., Quantitative Finance, Computer/Data Science, Finance, Mathematics).
• Strong development skills in SQL, Python, Streamlit, and dbt; ability to build robust data workflows.
• Excellent data manipulation and data visualization abilities.
• Experience with version control and CI/CD pipelines preferred.
• Bloomberg and BlackRock Aladdin experience a plus.
• Strong communication skills and analytical problem-solving abilities.
• Self-motivation, passion for investing, and eagerness to learn.

Responsibilities

• Build & maintain data models with data engineers; design dbt SQL models and data quality tests.
• Develop interactive dashboards using Tableau and Streamlit for investment teams.
• Design and implement machine learning models; evaluate signals and deploy to Snowflake.
• Apply quantitative methods like portfolio optimization, Monte Carlo, risk measurement, and backtesting.
• Collaborate with Portfolio Managers, Traders, and Credit Analysts to deliver data and insights.

Skills

SQL

Python

Streamlit

dbt

Data visualization

Version control

CI/CD

Analytical thinking

Communication

Self-motivation

Education

Bachelor’s degree (pursuing) in quantitative field

Tools

Tableau

Streamlit (tool)

Bloomberg

BlackRock Aladdin

Job description

Public Investments – Quantitative Analyst Internship (undergraduate-level)

Job Description Northwestern Mutual's Public Investment Department seeks a Quantitative Analyst Intern to join us for the summer of 2027 and play a pivotal role in building out tools and conducting analyses that help shape our investment processes. We manage over $130 billion in fixed income assets, and you will collaborate directly with Portfolio Managers, Traders, and Credit Analysts to develop cutting edge solutions.

Principal Responsibilities

• Build & maintain data models: Collaborate with data engineers to onboard new data sources, design and implement dbt SQL models for data cleaning and integration, and write robust data quality tests to ensure data integrity.
• Develop interactive data visualizations: Create insightful dashboards and applications using Tableau and Streamlit to effectively communicate data and model outputs to the department’s investment professionals.
• Design and implement machine learning models: Utilize machine learning and AI techniques to develop predictive models, optimize model parameters, research new signals, and deploy models into the Snowflake production environment.
• Apply quantitative methods: Leverage quantitative methods such as portfolio optimization, Monte Carlo simulation, risk measurement, and backtesting to enhance various aspects of the investment process.
• Collaborate effectively: Work closely with Portfolio Managers, Traders, and Credit Analysts to better identify attractive investment opportunities through efficient data delivery, advanced models, and intuitive dashboards.

Job Requirements

• Progress towards a Bachelor’s degree in a quantitative field (e.g., Quantitative Finance, Computer/Data Science, Finance, Mathematics).
• Strong development skills in languages such as SQL, Python, Streamlit, dbt, etc.
• Excellent data manipulation and data visualization skills.
• Experience with software development practices such as version control and CI/CD pipelines is preferred.
• Experience using Bloomberg and BlackRock Aladdin is a plus.
• Interpersonal Skills Passion for the art and science of investing.
• Effective oral and written communication skills.
• Demonstrated analytical and problem-solving ability.
• High degree of self-motivation, passion, and a drive to learn.

About the Internship Program

Internship candidates can expect a fulltime onsite internship program, running from June 2027 to August 2027. Carefully selected from universities across the country, our interns bring distinctive ideas and perspectives to our organization. Our employees are passionate about building our emerging talent and future leaders. In addition to their day-to-day tasks, interns participate in professional development workshops, senior leadership Q&A’s, volunteer initiatives, networking/social events, and more!

About the Public Investment Department

Northwestern Mutual’s Public Investments Department manages over $130 billion in investment grade and high yield fixed income assets backing NM’s General Account insurance products and retirement plan assets, and oversees about half of the company’s total General Account assets. The team actively manages these assets with a goal of generating long run total returns in excess of benchmarks to drive policyholder value. This role will be within the Quantitative Research & Analytics team.

Compensation Range

Pay Range - Start: $16.50 Pay Range - End: $30.00

We believe in fairness and transparency. It’s why we share the salary range for most of our roles. Internship salaries are determined based on academic tenure and major. The standard pay structure is listed. Build a strong career foundation with a best in class company that puts our clients' interests at the center of all we do.

Northwestern Mutual is an equal opportunity employer that welcomes talented individuals of all backgrounds. We are committed to creating and maintaining an environment in which each employee can contribute creative ideas, seek challenges, assume leadership and continue to focus on meeting and exceeding business and personal objectives.

At Northwestern Mutual, we believe relationships are built on trust. That our lives and our work matter. These beliefs launched our company over 160 years ago. Today, they’re just a few of the reasons why people choose to build careers at Northwestern Mutual. What started in Milwaukee, WI has grown into 7,000+ home office professionals split across 3 campuses: New York City, Franklin and downtown Milwaukee (HQ) – each one bringing with it its own unique talent and culture. In a company with such a long and storied history, this may be the most exciting and important time to be a part of Northwestern Mutual as we are growing our digital and tech capabilities and are always on the lookout for bright, tech savvy candidates.

Northwestern Mutual is an equal opportunity employer that welcomes talented individuals of all backgrounds. We are committed to creating and maintaining an environment in which each employee can contribute creative ideas, seek challenges, assume leadership and continue to focus on meeting and exceeding business and personal objectives.