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Type of Role: Investments

Experience Level: Intern - Undergraduate

Location: Hartford, New Jersey

Salary: $65K - $65K

PGIM, formerly Prudential Investment Management, is the asset management arm of American life insurance company Prudential Financial. Headquartered in Newark, New Jersey, United States, PGIM manages more than $1 trillion in assets across its fixed income, equity, real estate, alternatives, and multi-asset channels, including $283 billion for retail investors, and $553 billion for institutional clients, as of December 2019.

Job Classification:

Investment Management – Investments

Prudential Private Capital: 2024 Summer Investment Analyst Program

Location(s):

Newark, NJ; New York, NY; Atlanta, GA; Chicago, IL; Dallas, TX; Los Angeles; CA; San Francisco, CA (Hybrid)

PGIM is the diversified asset management business of Prudential Financial, Inc. (NYSE: PRU). With $1.2 trillion in assets under management, and 47 offices spanning 20 countries, PGIM is among the world’s leading asset managers. Comprised of six self-governing asset management divisions, each PGIM business 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. Prudential is a Fully Inclusive Workplace: At Prudential, we value the unique perspectives and experiences of every individual, and we work hard ensure to Prudential is a welcoming and rewarding place to work for people of all identities and backgrounds.

Prudential Private Capital is the private capital investment arm of PGIM, the global investment management business Prudential Financial (of NYSE: PRU). Prudential Private Capital manages roughly $100 billion of private debt and equity investments in over 1,000 companies across the world. Click here to learn more about Prudential Private Capital.

Timeline:

The internship program will run from Monday, June 3rd, 2024, to Friday, August 9th, 2024.

We review applications on a rolling basis, and we encourage you to apply as soon as you are ready. To ensure you are considered for the opportunities you want most, you are only able to apply to 3 positions per recruitment year. It is recommended that all applications be submitted in one sitting.

The fall application window will close on Friday, October 27th, 2023, at midnight ET or when role(s) have been filled, whichever comes first.

What You Can Expect:

Are you third-year student looking to apply your analytical knowledge and make an impact within a dynamic, evolving organization? Or maybe you’re looking to gain foundational knowledge and skills to apply in a professional environment, while developing strong relationships through training, mentorship, and ongoing feedback. At Prudential Private Capital that’s a challenge we can help you meet!

  • Challenging and interesting work – we are one the largest investors in the private capital markets
  • On-the-job experience alongside formal and structured training (training will teach foundational principles as well more broad topics on how to better understand companies and industries, etc.)
  • Being a part of a large, vibrant, and diverse global cohort of Analysts
  • Direct, daily partnership with senior level investment professionals on small teams
  • Collaborative and collegial team environment where contributions have a major impact
  • Exposure to a range of industries including manufacturing, service, distribution, renewable power, and infrastructure
  • Direct exposure to senior executives at portfolio and prospect companies
  • A fast-paced learning environment and work-life balance

Your Day to Day:

Responsibilities may include but are not limited to:

  • Conducting industry and company research
  • Creating financial models
  • Writing investment recommendations
  • Conducting portfolio and credit monitoring
  • Preparing marketing materials

Required Qualifications:

  • Candidates must be enrolled in an accredited bachelor’s program graduating between December 2024 and May 2025
  • Minimum 3.0 GPA required
  • Prudential does not provide visa sponsorship for this position. Successful candidates must possess the requisite US employment authorization to be eligible for consideration
  • Excellent analytical and writing skills
  • Interest in investing

Our Application Process:

1. Submit your application.

2. If eligible, receive invitation for a digital interview; this includes answering pre-recorded interview questions with the business(es) that advance your application(s).

3. If advanced, receive invitation for final round interview(s); you will have the opportunity to meet with us in person or virtually to learn more about our business and culture.

 

For 2024 early talent roles, our process is designed to help you learn more about Prudential/PGIM and share your story with us. Digital interviewing allows greater flexibility, enables a quicker interview process, allows us to meet more candidates and share your story with more members of the team.

 

Note: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The hourly range for this role is $30.00-$35.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance.

 

 

 

 

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

 

Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company’s well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential’s businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.

 

We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.

 

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.

 

The Prudential Insurance Company of America, Newark, NJ and its affiliates.

 

Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at staffingagencies@prudential.com for more information about doing business with Prudential.

 

PEOPLE WITH DISABILITIES:
If you need an accommodation to complete the application process, which may include an assessment, please email accommodations.hw@prudential.com.

 

Please note that the above email is solely for individuals with disabilities requesting an accommodation.  If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.