Review Vacancy
Occupational CategoryFinancial, Accounting, Auditing
Bargaining UnitPS&T - Professional, Scientific, and Technical (PEF)
Salary RangeFrom $21.63 to $25.75 Hourly
Duties Description Overseen and guided by the Investment Accounting Director, the Finance intern will:
• Learn fundamental investment accounting concepts as well as Statutory accounting principles applicable to investment accounting for insurance companies.
• Learn about, and participate in, the activities performed within NYSIF’s Investment Accounting Unit to help ensure accurate financial reporting for a complex investment portfolio that includes equities (common stocks), fixed income securities, and alternative investments (e.g., private credit, private equity, real estate).
• Use state-of-the-art investment and investment accounting software systems, including BlackRock Aladdin and the Bloomberg terminal.
• Assist the Investment Accounting Unit by supporting operations and completing projects.
• Interact with, and learn from, staff within various areas of NYSIF’s Finance Department.
• Prepare a presentation reflecting internship activities and outcomes, and present to an audience from the Finance Department.
Minimum Qualifications • Be a permanent New York State (NYS) resident and/or actively enrolled in a NYS college or University.
• Be actively enrolled in a college, university, or graduate program.
• Have completed a minimum of one (1) year as a student at a degree-granting two or four-year college or university (completion of one year's worth of academic credits over a longer period may qualify part-time students for participation in the program), or be a currently enrolled graduate student or accepted in a graduate program.
• Have a minimum grade point average (GPA) of 3.0, or the letter grade equivalent.
• Able to work full-time Summer (37.50 hours weekly)
Preferred Qualifications:
• Major or minor/concentration in Finance, Accounting, or related field.
• Proficiency in MS Office products a plus.
Please be advised that the New York State Insurance Fund (NYSIF) does not offer sponsorship for employment visas to employees or potential employees. Candidates sponsored for employment by an organization should be aware of their sponsorship status and the relevant expiration date(s) of that sponsorship before applying to this position. NYSIF is not currently enrolled in eVerify, which is a requirement for certain types of employment verifications.
Additional Comments Fringe Benefits:
• Competitive Compensation
• Future Career Growth Potential
• Open and Supportive Team-Based Environment
• Full Medical, Vision, and Dental (with 50%+ schedule)
• Retirement Options
• Public Student Loan Forgiveness (PSLF)
• Possibility of Telecommuting, Flextime, and Alternative Work Schedules
NYSIF Commitment to Diversity, Equity, and Inclusion
The New York State Insurance Fund (NYSIF) prioritizes and champions diversity, equity, and inclusion (DEI) throughout our agency. NYSIF provides equal opportunities to all employees and applicants for employment without regard to race, religion, color, age, sex, national origin, sexual orientation, gender identity, disability, veteran status, or any other protected category under federal, state, and local law. We believe that embracing our differences brings richness, new ideas and experiences to NYSIF, which energizes a creative and innovative work environment. We strive to foster a workplace where diverse individuals are able to participate fully in the decision-making process and have ample opportunity for advancement. We are committed to investing the necessary resources and attention to improving the engagement, retention, and promotion of the extraordinary talent we have.
Executive Order 31
Executive Order 31 commits New York State government to becoming a model employer for people with disabilities, increasing the participation of people with disabilities in state service and ensuring equal access to opportunities. NYSIF is proud to utilize best practices to recruit, hire, retain, and promote career advancement of individuals with disabilities. This includes special focus on current and prospective employees with the most significant disabilities, such as the use of supported employment, individual placement with support services, customized employment, the civil service sections 55/b and 55/c programs, internships, and job shadowing. If you are a person with a disability and wish to request that a reasonable accommodation be provided for you to participate in a job interview, please send an email to NYSIF’s Reasonable Accommodations mailbox at ra@nysif.com.
LinkedIn: #li-dni
Official Civil Service Title: Student Assistant
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