Position Overview
Apollo is a high-growth, global alternative asset manager. In our asset management business, we seek to provide our clients excess return at every point along the risk-reward spectrum from investment grade to private equity with a focus on three investing strategies: yield, hybrid, and equity. For more than three decades, our investing expertise across our fully integrated platform has served the financial return needs of our clients and provided businesses with innovative capital solutions for growth. Through Athene, our retirement services business, we specialize in helping clients achieve financial security by providing a suite of retirement savings products and acting as a solutions provider to institutions. Our patient, creative, and knowledgeable approach to investing aligns our clients, businesses we invest in, our employees, and the communities we impact, to expand opportunity and achieve positive outcomes.
Apollo Insurance Solutions Group (“ISG”) is seeking an MBA intern to support our asset management business. As a Summer Associate, you will join our team's multi-functional mission of portfolio managing assets across our insurance business. You'll partner with professionals across the Apollo Credit, Athene Insurance, Enterprise and Management functions to manage assets through the investment cycle. We're looking for smart, motivated individuals we can develop into world class investment professionals.
The successful candidate will support one or more of ISG's responsibilities including:
Understand return objectives and risk tolerance of accounts under management, support timely asset allocation and portfolio construction activities to optimize around ALM, KRD, liquidity, investment guideline constraints and insurance-related considerations
Forecast near-term liquidity needs and involve in day-to-day liquidity management
Produce weekly asset cashflow and risk reports. Work with business partners to fill reporting gaps and improve accuracy
Support Financial Planning & Analysis income and capital forecasting
Construct strategic asset allocations to price new insurance liabilities and grow AUM
Partner with Enterprise Data to improve infrastructure and upgrade processes to scale the business
Work on projects to update processes related to portfolio management. In doing so, they will gain real-world experience around Apollo’s investment strategy and processes.
Our Summer Program
Our 10-week Summer Program provides full immersion into the small, dynamic teams that drive Apollo’s innovative investment strategies and access to an unparalleled, apprenticeship learning experience. Come to Apollo and join a community of extraordinary people who are committed to a culture of excellence and collaboration in everything that we do.
Our Purpose and Core Values
Our clients rely on our investment acumen to help secure their future. We must never lose our focus and determination to be the best investors and most trusted partners on their behalf. We strive to be:
The leading provider of retirement income solutions to institutions, companies, and individuals.
The leading provider of capital solutions to companies, with a unique ability to partner at scale and deliver thoughtful, dedicated guidance.
A contributor to global challenges—such as energy transition, technological innovation, and social impact—using investment as a force for good.
As” One Apollo” We:
Outperform expectations
Challenge convention
Champion opportunity
Lead responsibly
Drive collaboration
We believe great work and having fun go hand-in-hand, and we are proud of what we can achieve together.
Qualifications & Experience
Pursuing an MBA or Master’s degree (Class of 2027) in Engineering, Math, Science, Finance or Economics, with an excellent academic record and a demonstrated interest in portfolio management, investing and process design.
2-3 years of experience in a portfolio management, risk, engineering or quantitative role.
Strong technical skillset including Excel, Python and SQL
Familiarity with fixed income concepts preferred, experience with either structure product or mortgage would be a plus
Problem-solving skills and inquisitive nature required
Pay Range
$175,000Apollo Global Management, Inc. (together with its subsidiaries and affiliates) is committed to championing opportunity.
The firm and its affiliates comply with applicable discrimination and equal opportunities legislation in all of its jurisdictions and do not discriminate in employment or recruitment based on race, color, religion, gender, national origin, veteran status, disability, age, citizenship, marital or domestic/civil partnership status, sexual orientation, gender identity or expression or any other protected characteristic under applicable law.
The contents of the qualifications and experience section of this job description are a guideline only. If an applicant can otherwise demonstrate their suitability for the role they will be considered.
The base salary range for this position is listed above. This position is also eligible for a discretionary annual bonus based on personal, team, and Firm performance. Compensation ranges are based on several factors including job function, level, and geographic location. Final offer amounts are determined by multiple factors including candidate experience and expertise, and may vary from the amounts listed here.