Summer Equity Research Analyst

Summer Equity Research Analyst(Summer 2024 – 10 to 12 Weeks)

Location: New York, NY

Hours: Monday through Friday (on-site), 8:30 am – 4:30 pm

Established in 1987 and based in NYC, Nippon Life Global Investors Americas (NLGIA) is a wholly owned subsidiary of Nippon Life Insurance Company (Nippon Life), one of the world’s largest life insurers by revenue. 

With approximately $30B in AUM (as of 9/30/23), NLGIA is the principal overseas asset management subsidiary of Nippon Life. NLGIA manages assets across Equity, Fixed Income, Private Equity, Private Debt and Real Assets (Real Estate & Infrastructure).

Nippon Life was ranked 164th largest company in the Fortune Global 500 list for 2022. With approximately 75,000 employees globally, Nippon Life aims to strengthen its position as a leading life insurer. Nippon Life’s investments in foreign (non-Japanese) securities exceeds US$140B, and it conducts global asset management operations from offices in New York, London and Singapore.

Nippon Life has expanded into several continents, where it has established a number of subsidiary companies and representative offices. This includes the acquisition of MLC Life in Australia, and its partnership with Reliance Capital in India. These subsidiaries and offices are engaged in insurance, asset management and research.

Summary

The Summer Equity Research Analyst position is an opportunity for a critical and creative thinker to gain an in-depth understanding of Equity Research from the long-only perspective. We are an international asset manager with a unique multi-cultural environment. The Summer Equity Research Analyst will be immersed into the daily life of an Equity Research Analyst, working alongside a team of analysts to assist in analytical coverage of the firm’s North American equity investments and ESG recommendations. This individual will conduct company specific/industry level research aiding analysts in recommending stock ideas to the portfolio manager; help form an opinion (and construct an argument) regarding an investment idea and communicate that argument efficiently; and share ideas with portfolio managers.

Experience/Qualifications

Unlike many internships, this is not a structured training program and is intended to provide the Summer Equity Research Analyst with the overall NLGIA “real-time” experience.

Therefore, we are seeking an independent and motivated thinker, with a keen interest in the stock market. This individual must have plenty of initiative and strong research skills as well as a demonstrated record of professional, academic and personal achievement.

The ideal candidate will have the ability to work within a team and on an independent basis; strong analytical/modeling, communication, and presentation skills; and advanced computer skills using Microsoft Word, Excel and PowerPoint.

Current enrollment in a Bachelor’s or Master’s degree program in finance, economics, accounting or related field with strong record of academic achievement; progress toward CFA a plus. The candidate must have an anticipated graduation date between December 2024 and June 2026; and a minimum GPA of 3.2 on a 4.0 scale.

Ability to work on-site Monday to Friday 8:30 am to 4:30 pm in our NYC office.

Previous internships and/or related work experience in financial services is required.

Japanese language skills a plus, but not required.

To apply, please go to our Careers Website at https://nipponlifeglobal.bamboohr.com/careers and submit the following documents:

- Resume

- Cover Letter

- Hourly rate requirements

- Unofficial Transcript

- Research/Writing Sample (Optional)

The expected hourly rate for this position ranges from $35.00/hour - $40.00/hour. It is not typical for offers to be made at or near the top of the range. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications obtained. Market and organizational factors are also considered.

Disclaimer: 

The above statements are intended to describe the general nature and level of work being performed by people assigned to this position. This document is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities required by the incumbents.  Job responsibilities are subject to change, with or without notice.  All employees may be required to perform duties outside of their normal responsibilities at any time at the Company’s sole discretion.  This document does not constitute a contract of employment with you of any kind, express or implied for any duration, or with respect to any of its stated or omitted terms.  As described in the Company’s employee handbook, the Company reserves the right to terminate your employment with or without cause, notice or reason at any time at its sole discretion.

NLGIA is an Equal Opportunity Employer that does not discriminate on the basis of actual or perceived race, color, religion, sex, gender (including gender identity and gender expression), national origin, citizenship, immigration status, age, disability, sexual orientation, military or veteran status, genetic information, sexual or other reproductive health decisions, or any other characteristic protected by applicable federal, state or local law.

During the application process and, if hired, during employment, I agree to participate (if so requested by the Company and as not prohibited by applicable law) in testing to determine whether employees are under the influence of controlled drugs or illegal substances. Such tests or examinations will be performed by qualified professionals selected by the Company.

This submission of my application attests to the fact that the information that I have provided on my application, resume, given verbally, or provided on any other materials, is true and complete to the best of my knowledge and also constitutes authority to verify any and all information submitted on this application. I understand that any misrepresentation or omission of any fact in my application, resume or any other materials, or during any interviews, can be justification for refusal of employment, or, if employed, termination from the Company’s employ. The Company or its agents may seek to verify the information on this application. As such, I hereby authorize the Company or its agents to contact any former employer or any representative of any other organization to which I have made reference in this application, and I hereby authorize said employer and/or representative to provide information to the Company on my behalf. I also affirm that I have not signed any kind of restrictive document creating any obligation to any former employer that would restrict my acceptance of employment with the Company in the position I am seeking. I understand that this application is not an employment contract for any specific length of time between the Company and me, and that in the event I am hired, my employment will be “at will” and either the Company or I can terminate my employment with or without cause and with or without notice at any time. The Company may, at its sole discretion, hold in abeyance or revoke, amend or modify, abridge or change any benefit, policy practice, condition or process affecting its employees.

I acknowledge that I have read all of the above statements, and that I understand them.