About the role#
The Investment Risk Management team ensures the company remains financially sound by managing credit, market, and liquidity risks. As an intern, you will work on real-world projects that impact investment decisions and financial forecasting. You will join a team that collaborates with portfolio managers and investment strategy groups to build and refine financial models.
What you'll do#
- Revisit and improve the existing recession forecasting model.
- Perform data preprocessing, feature engineering, and exploratory data analysis.
- Write clean, efficient Python code to implement and optimize machine learning models.
- Conduct testing and validation to ensure model reliability.
- Create reports and dashboards using Power BI.
- Maintain documentation for your code, methodologies, and results.
What you'll need#
- Current enrollment in a Master's or Ph.D. program in Computer Science, Data Science, Engineering, Mathematics, Economics, or a related field.
- Proficiency in Python and experience with libraries like scikit-learn and LightGBM.
- Strong understanding of predictive machine learning models and evaluation techniques.
- Experience with SQL and Power BI for data analysis and reporting.
- Ability to interpret complex datasets.
- Strong verbal and written communication skills.
- Ability to work independently and as part of a team.
Location & details#
- Location: Milwaukee, Wisconsin.
- Term: Fall 2026, starting in October 2026.
- Work Modality: On-site and hybrid options available.
- Employment Type: Full-time internship.
- Compensation: Paid internship with a pay range of $16.50 to $30.00 per hour, based on academic tenure and major.
About Northwestern Mutual
Northwestern Mutual is a financial services company founded in 1857. It provides insurance, annuities, and wealth management services to over 4.5 million clients. The firm operates with offices in Milwaukee and New York. It manages over 125 billion dollars in client assets.
How to get in at Northwestern Mutual
Applying early to Northwestern Mutual gives you a distinct advantage because recruiters review applications as they arrive. Intern Insider sends an instant alert the moment a role matching your target is published anywhere, so you apply among the first and get seen before the pile grows. Reaching out to the right person often yields better results than submitting an application into a general queue. Intern Insider surfaces the recruiters behind the company roles so you can reach out directly to ask about the role or a referral, which materially improves response rates.
