Investment Analyst Intern

Investment Analyst Intern

Location: Champaign, IL

Job Type: Internship

Reports to: Senior Investment Officer, Risk and Operations

SURS is looking to bring in two (2) Investment Analyst Interns during the Spring 2027 semester and two (2) Investment Analyst Interns during the Summer 2027 semester. If you are a current student interested in exploring the field of investments or economics, this opportunity would allow you to gain hands on experience while working alongside SURS' Investment experts. You will have the opportunity to further your knowledge of the industry and explore how it applies to a Public Pension, while also building transferrable skills.

What You'll Do

The Investment Analyst Intern(s) will assist other Investment staff in managing SURS defined benefit and defined contribution plans. Developing a broad-based understanding of investment principles and portfolio management. This role will participate in the following types of activities:

• Creation and evaluation of total plan investment risk reporting and communication.
• Participate in new manager selection and on-going manager evaluations.
• Training on, and use of, various investment software such as Evestments and Aladdin, or other risk analytics software.
• Numerous projects highlighting the investment and operational activities of the investment office of a large public plan sponsor.
• Assist with responses to FOIA (Freedom of Information Act) requests related to investments.

This role will have the opportunity to gain insight into public market fixed income and equity mandates, hedge funds, and private market mandates (such as real estate, infrastructure, private equity, and private credit) depending on projects during the internship and interest/skills of the candidate.

Main Duties

• Support staff with the evaluation and monitoring of investment managers.

• Lead, with direction, a project to identify opportunities for the investment team to leverage AI tools.

• Complete special projects and reports while working closely with investment staff.

• A particular focus will be analyzing direct and indirect portfolio exposure to AI.

• Develop the knowledge and skills necessary for investment decision making and manager evaluation.

Required Qualifications

• Interest in pursuing a career in Investments.
• Strong analytical and quantitative skills.
• Excellent oral and written skills.
• Strong computer skills. Microsoft Office Suite experience preferred.

Work Environment & Compensation

• Internship position based in Champaign, IL
• Fully in-office
• The hourly wage for this position is $23.50.
• Spring interns can expect an internship duration of January - May 2027. Summer interns can expect an internship duration of May - August 2027.
• Spring 2027 interns can expect to work approximately 10 hours per week. SURS will accommodate class schedules as able. Summer 2027 interns can expect to work no more than 29 hours per week.
• Free Parking

About SURS

The State Universities Retirement System (SURS) administers retirement, disability, survivor, and death benefits for over 255,000 members across Illinois public higher education institutions. Founded in 1941, SURS manages more than $30 billion in assets and is committed to delivering accurate, timely, and compassionate service to members throughout their careers and lives.