Investment Analyst Intern

State Universities Retirement System of Illinois•Champaign, IL

8d•$0 - $24•Onsite

About The Position

SURS is hiring two Investment Analyst Interns for Spring 2027 and two for Summer 2027. The internship is for current students interested in investments or economics, offering hands-on experience alongside SURS investment professionals and exposure to investment principles and their application within a public pension system. Interns will assist investment staff in managing SURS defined benefit and defined contribution plans and develop a broad understanding of investment principles and portfolio management. Depending on projects and the candidate’s interests and skills, interns may gain exposure to public market fixed-income and equity mandates, hedge funds, and private-market mandates such as real estate, infrastructure, private equity, and private credit. The position is based fully in-office in Champaign, Illinois. Spring internships run approximately January through May 2027, at about 10 hours per week, with scheduling accommodations for classes as possible. Summer internships run approximately May through August 2027, at no more than 29 hours per week. Compensation is $23.50 per hour, and free parking is provided.

Requirements

Interest in pursuing a career in investments.
Strong analytical and quantitative skills.
Excellent oral and written communication skills.
Strong computer skills.

Nice To Haves

Experience with the Microsoft Office Suite is preferred.

Responsibilities

Support staff in evaluating and monitoring investment managers.
Lead, with direction, a project to identify opportunities for the investment team to leverage AI tools.
Complete special projects and reports in collaboration with investment staff, with a particular focus on analyzing direct and indirect portfolio exposure to AI.
Develop knowledge and skills relevant to investment decision-making and manager evaluation.
Assist in creating and evaluating total-plan investment risk reporting and communication.
Participate in new manager selection and ongoing manager evaluations.
Train on and use investment software such as eVestment and Aladdin, or other risk analytics software.
Assist with responses to investment-related Freedom of Information Act (FOIA) requests.
Participate in projects concerning the investment and operational activities of a large public plan sponsor.