PGIM 2027 Public Fixed Income, Summer Investment Analyst Program (Portfolio Analysis Group)

PGIM: 2027 Public Fixed Income Summer Investment Analyst Program (Portfolio Analysis Group)

Location(s):

Newark NJ (Hybrid)

PGIM is the diversified asset management business of Prudential Financial Inc. (NYSE: PRU). With $1.3 trillion in assets under management and 41 offices spanning 20 countries PGIM is among the worlds leading asset managers. PGIM offers a distinct workplace culture that aligns with the firms ultimate objective: to provide premier service to our clients while fostering an inclusive workplace culture that is rooted in trust respect and equality. PGIM was ranked #3 in Pensions & Investments Best Places to Work in Money Management in 2023.

PGIM Public Fixed Income is a global asset manager offering active solutions across all fixed income markets with offices in Newark NJ London Amsterdam Paris Sydney Singapore Munich Zurich Hong Kong and Tokyo. As of March 31 2025 PGIM Public Fixed Income has $862 billion of assets under management including $429 billion in institutional assets $196 billion in retail assets and $237 billion in proprietary assets. Over 1100 institutional clients have entrusted PGIM Public Fixed Income with their assets.

Timeline:

Program Dates: Monday June 7th 2027 Friday August 13th 2027

Application Deadline: Friday January 30th 2026 at midnight ET (We review applications on a rolling basis and reserve the right to close earlier based on volume or role availability.)

What you can expect:

You will be empowered to contribute in a meaningful way add new value to organization initiatives and effect change. During your 10-week summer internship within our Portfolio Analysis Group (PAG) youll be assigned impactful day-to-day work and projects. Examples of work our PAG Analysts focus on include:

• The Analyst in the Portfolio Analysis Group (PAG) evaluates portfolio positioning with respect to risk exposures and alpha objectives provides portfolio construction and alignment insight and analyzes performance drivers across a multitude of investment products and processes to deliver performance attribution.
• Utilizing a variety of analytical tools the analyst integrates specific client guidelines objectives and risk tolerances into the firms investment process to ensure complete portfolio management and analytics are in place.
• The analyst collaborates and works closely with other teams including Senior PAG Analysts Portfolio Managers Traders Risk Managers the Quantitative Team Credit Research Client Advisory and Sales and Marketing to ensure the Portfolio Management team has the tools and technology required to effectively manage portfolios.
• The analyst also navigates multiple ad hoc requests and projects that relate to market or portfolio analytics received from all parts of the larger Fixed Income Organization. The analyst partners closely with peers throughout Fixed income to build organizational capabilities.

What youll need:

• Candidates must be enrolled in an accredited bachelors program or 5th year masters program graduating between December 2027 and May 2028
• Minimum 3.2 GPA
• Prudential does not provide visa sponsorship for this position. Successful candidates must possess the requisite US employment authorization to be eligible for consideration
• Experience with Microsoft Office Suite (Excel Word PowerPoint etc.)

Itd be a plus if you had:

• Preferred majors:
  • Operations Research Information/Financial Engineering Mathematics Statistics Finance or Economics but all majors considered
• Experience with Bloomberg and other technical data analysis/modeling tools desirable

Heres what to expect when you apply:

Submit your application Apply to up to three roles that best match your interests and skills.

Complete a first-round video interview If selected youll be invited to record responses to a few interview questions. This helps our teams get to know you better and allows you to share your story on your own time.

Join us for final round interviews If you advance youll be invited to meet with our teameither virtually or in personto learn more about our business culture and role.

Note: The hourly rate for this role is $35.00. Roles may also be eligible for additional compensation and/or benefits.