Investment Risk Management Internship, Fall 2026

Northwestern Mutual is a financial services company focused on helping families and businesses achieve financial security. The Investment Risk Management Intern will support the development of a recession forecasting model using machine learning in Python, perform data analysis and model evaluation, and create documentation, reports, and dashboards.

What you'll do:

• Model Development: Revisit and enhance existing recession forecasting model to improve performance and accuracy
• Data Analysis: Perform data preprocessing, feature engineering, and exploratory data analysis to support model development
• Implementation: Write efficient and clean Python code to implement and optimize machine learning models
• Evaluation: Conduct thorough testing and validation of models to ensure robustness and reliability
• Documentation: Maintain comprehensive documentation of methodologies, code, and results
• Reporting: Creating reports and dashboards using tools like Power BI

What they're looking for:

• Currently enrolled in a Master's/Ph.D. program in Computer Science, Data Science, Engineering, Mathematics, Economics, or a related field
• Technical Skills: Proficiency in Python programming; Experience with machine learning libraries such as scikit-learn and LightGBM; Strong understanding of machine learning predictive models and evaluation of them; Data Analysis and Reporting using SQL and Power BI
• Analytical Skills: Ability to analyze and interpret complex datasets
• Communication: Excellent verbal and written communication skills
• Attributes: Self-motivated, well-organized, and able to work independently as well as part of a team

Benefits:

• Professional development workshops
• Senior leadership Q&A's
• Volunteer initiatives
• Networking/social events
• Flexible work schedules
• Concierge service
• Comprehensive benefits
• Employee resource groups