What are the responsibilities and job description for the Summer Internship – Capital Management position at Mutual of America Financial Group?
Mutual of America Financial Group
Job Title: Summer Internship Program – Capital Management
Location: New York, NY
Start Date: Monday June 23, 2025
End Date: Friday August 1, 2025
Who We Are:
At Mutual of America Financial Group, we help people build the assets they need to achieve greater financial security. Our Company is built upon a solid foundation of integrity, excellence, and social responsibility. We were founded in 1945 to provide small and mid-sized nonprofit organizations with pension and retirement-related services, along with leading customer support. Today, we provide these services also to for-profit companies, as well as to governmental entities, Tribal enterprises, institutional investors, and individuals. We work diligently to understand the needs of our customers so we can help them achieve their financial savings goals.
As the need to create additional investment strategies beyond those that were being managed for Mutual of America Life Insurance Company’s traditional retirement business became evident, Mutual of America Capital Management evolved into an independent, wholly owned subsidiary of Mutual of America. This important change enabled Mutual of America Capital Management to provide an enhanced array of investment solutions and services to a broader client base.
Mutual of America Capital Management manages approximately $29 billion across a variety of strategies as of March 31, 2024. We embrace a nimble, entrepreneurial spirit, while maintaining the core competencies, long-term views and financial strength of our parent company, Mutual of America Life Insurance Company.
We are committed to bringing talented and motivated people together to help our customers achieve a financially secure future.
Role Summary:
Mutual of America’s Summer Internship Program provides college students with hands-on corporate experience working with meaningful projects and assignments. Throughout the 6-week program, interns will not only have direct guidance from experienced leaders in their assigned departments but can have the opportunity to attend training classes and planned events with other interns.
Responsibilities:
- Work in support of Capital Management analysts and portfolio managers.
- Participate in internal discussions about current and potential investments.
- Author an investment report expressing a specific recommendation and rationale.
- Handle assorted administrative and clerical tasks.
Required Qualifications:
- A rising Sophomore (graduating year 2028) or a rising Junior (graduating year 2027)
- Must have a minimum overall GPA of 3.4
- Work 4 days onsite (M-Th)
- Can work full-time for the duration of the 6-week program:
What we offer you:
- Hourly pay rate of $18
Visit www.mutualofamerica.com/careers for additional details about life at Mutual of America. You can also follow us on Twitter: @mutualofamerica | Facebook: @mutualofamerica
Mutual of America Financial Group provides equal employment opportunity to all qualified employees and applicants for employment regardless of race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, or any other classification prohibited by applicable law. #LI-DNI
Salary : $18
