Business Development Intern

Otis Elevator Company • New York, NY

81d • $21 - $22 • Hybrid

About The Position

Moving people. Shaping the future. At Otis, we take pride in leading the industry we founded - elevators, escalators and moving walkways. We became an independent, publicly traded company in early 2020 and are excited about our future as we implement our Otis Vision Statement: We give people freedom to connect and thrive in a taller, faster, smarter world. We feel there has never been a better time to join our team. Otis Worldwide is seeking a motivated and analytical undergraduate student to join our Global Business Development team as a Summer Intern to support strategic initiatives that drive growth and market expansion. This internship offers hands-on experience in market research, competitive analysis, and supporting strategy development within a global leader in vertical transportation. This internship opportunity offers a hybrid model, requiring 2-3 days per week at our NYC branch office (1 Penn Plaza) and the remaining days working remotely. This is an exciting opportunity to gain exposure to real-world M&A and financial modeling as well as exposure to business development processes while receiving mentorship from experienced professionals in a global Fortune 500 company!

Requirements

• Currently pursuing a bachelor's degree in Business, Finance, Economics, Engineering, or a related field.
• Strong analytical and problem-solving skills.
• Proficiency in Microsoft Excel and PowerPoint.
• Strong written and verbal communication skills.
• Ability to work independently and in a team-oriented environment.
• Requires someone who is proactive and a self-starter, comfortable with ambiguity as the tasks will relate to business needs.

Nice To Haves

• Interest in corporate strategy, M&A, and industrial technology sectors.
• Curiosity and eagerness to learn about global business operations.

Responsibilities

• Assist in identifying new business opportunities across target markets and customer segments.
• Assist with market research and analyze industry trends to support strategic decision-making.
• Support the development of business cases and presentations for internal stakeholders.
• Track and summarize ongoing deal activity, pipeline status, and post-merger integration efforts.
• Collaborate with the global Business Development team in EMEA, APAC, Americas, and China on various tasks and assignments.
• Participate in special projects (i.e., standardizing processes, process improvement).
• Help prepare presentations and reports for a diverse group of stakeholders.

Benefits

• Employee Scholar Program which sponsors colleagues to pursue degrees or certification programs.

What This Job Offers

• Career Level: Intern
• Industry: Machinery Manufacturing
• Education Level: Bachelor's degree