Fixed Income Analyst Internship Jobs in Minnesota

At Federated Insurance, we do life-changing work, focused on our clients’ success. For our employees, we provide tremendous opportunities for growth. Over 95% of them believe our company has an outstanding future. We make lives better, and we’re looking for employees who want to make a difference in others’ lives, all while enhancing their own.

Federated’s culture is grounded in our Four Cornerstones: Equity, Integrity, Teamwork, and Respect.  We strive to create a work environment that embodies our core principles and values.  We value and respect individual differences, and we leverage those differences to achieve better results and outcomes for our clients, employees, and communities.  Our top priority in recruitment and development of our next generation is to ensure we align ourselves with truly exceptional people who share these values.

As an Investment Analyst Intern, you'll be expected to think like an investor. Working alongside experienced investment professionals, you'll conduct research on existing and prospective investments, analyze risks and opportunities, and develop investment recommendations. Depending on your knowledge, capabilities, and initiative, you may complete multiple investment analyses during the internship and contribute directly to the investment decision-making process.

Along the way, you'll gain exposure to industry and asset class research, credit underwriting, relative value analysis, portfolio management, and the factors that influence real-world investment decisions.

Throughout the internship, you'll develop foundational knowledge of fixed income markets, including fixed income instruments, bond mathematics, yield curves, risk factors, and debt capital markets. You'll collaborate with team members daily, receive coaching and mentorship from experienced professionals, and contribute to projects that support the Investment Team.

At the conclusion of the internship, you'll deliver a formal investment recommendation to the Investment Team, presenting an investment opportunity you researched, your supporting analysis, investment thesis, risk assessment, and recommendation.

This is a full-time, in-person summer internship starting on June 7, 2027 and ending on August 18, 2027.

Qualifications Needed:

Successful candidates demonstrate intellectual curiosity, initiative, and a desire to learn. They are self-starters who ask thoughtful questions, enjoy digging into complex topics, taking ownership of their work, and follow through with a sense of urgency.

• Be a college junior with a strong academic record and a demonstrated interest in investments, financial markets, and business analysis
• Possess strong analytical, quantitative, and problem-solving abilities
• Be able to organize information, think critically, and communicate conclusions clearly
• Demonstrate strong verbal and written communication skills
• Be comfortable taking initiative while also being receptive to coaching and feedback
• Have proficiency in Microsoft Excel or equivalent spreadsheet software
• Be able to maintain the confidentiality of business and personnel information
• GPA of 3.5 or higher preferred
• Experience with investment research, a student-managed investment fund, case competitions, relevant coursework, or progress toward the CFA Program is a plus, but not required

Pay is $24.50 per hour. 

We offer a wide variety of ways to support you as a whole, both professionally and personally. Our commitment to your growth includes opportunities for internal mobility and career development paths, inspiring excellence in performance and ensuring your professional journey thrives. Additionally, we offer exceptional benefits to nurture your personal life. We understand the importance of health and financial security, offering encompassing competitive compensation, enticing bonus programs, cost-effective health insurance, and robust pension and 401(k) offerings. To encourage community engagement, we provide paid volunteer time and offer opportunities for gift matching. Discover more about Federated and our comprehensive benefits package: Federated Benefits You. 

All candidates must be legally authorized to work in the United States for any employer. Federated will not sponsor candidates for employment visa status, such as an H1-B visa. Federated does not interview or hire students or recent graduates with J-1 or F-1 visas or similar temporary work authorization.

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