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PGIM · 10 hours ago

PGIM: 2026 Quantitative Solutions, Multi-Asset Summer Associate Internship (PhD/MBA/Masters)

Newark, NJ, USA

Internship

Hybrid

Intern

Start in 2026 Summer

PGIM is a pioneer of quantitative investing, providing equity and global multi-asset solutions. They are seeking a research intern to execute challenging quantitative projects within the GMS team, focusing on areas such as quantitative investment strategies, risk modeling, and machine learning techniques.

Asset Management

Culture & Values

No H1B

Responsibilities

Execute challenging quantitative projects within the GMS team

Design and simulation of quantitative investment strategies

Risk modelling

Transaction cost modelling

Application of machine learning techniques to investments

Collecting global financial data

Writing software programs

Using existing third-party software

Summarize their experience with a report or presentation that describes the results

Qualification

Financial economic theoryProgramming MatlabProgramming PythonMachine learning methodsNatural language processingEconometrics/statisticsIndependent problem-solvingFlexibility on researchTeamwork orientationEffective communication

Required

MBA, Master's or PhD student in finance, economics, mathematics, statistics, graduating between December 2026-May 2027

Strong knowledge of modern financial economic theory (asset pricing, portfolio theory, factor risk models), macroeconomics, and econometrics/statistics

Programming experience with Matlab, Python. Knowledge of SQL is a plus

Independent problem-solving ability

Strong teamwork orientation

Ability to effectively communicate ideas to internal user groups

Flexibility on research on multi asset portfolio needs

Prudential does not provide visa sponsorship for this position. Successful candidates must possess the requisite US employment authorization to be eligible for consideration

Preferred

Knowledge of machine learning methods and natural language processing is a plus

Company

PGIM

Glassdoor4.2

PGIM is a money manager whose clients rely on their risk management expertise, intellectual capital, and innovative solutions. It is a sub-organization of Prudential Financial.

Founded in 1875