About the role#
This is a 10-week summer internship program based at our Newport Beach headquarters. You will join the Private Strategies team, which focuses on alternative credit and private investment strategies. You will work directly with associates and Portfolio Managers to support the sourcing, evaluation, underwriting, and management of residential mortgage and alternative credit investments. Successful interns may be considered for a full-time, two-year rotational program with a potential career track in Portfolio Management.
What you'll do#
- Perform financial modeling and qualitative analysis to support investment decisions.
- Assist in the underwriting and management of private strategy and alternative credit investments.
- Use AI-powered tools to solve problems and improve project outcomes.
- Participate in cross-divisional education, networking, and social events.
- Engage in formal performance reviews at the midpoint and end of the summer.
What you'll need#
- Enrollment in an undergraduate degree program, with active status during the Fall 2027 semester.
- A minimum 3.2 cumulative collegiate grade point average on a 4.0 scale.
- Business proficiency in English.
- Ability to begin full-time employment at a PIMCO office between January 2028 and August 2028.
- Strong interest in financial markets, macroeconomics, and investment finance.
- Capability to manage multiple projects simultaneously.
- Proficiency in research and basic financial modeling.
- Preferred majors include Finance, Economics, Business Administration, Mathematics, Statistics, Computer Science, or Data Science.
Location & details#
- Location: Newport Beach, California.
- Term: Summer 2027.
- Modality: On-site.
- Compensation: $52.88 per hour.
- Status: Full-time, paid internship.
About PIMCO
PIMCO operates as an investment management firm focused on active fixed income and credit markets. Founded in 1971, the company manages capital for clients across public and private sectors. It maintains a global presence with headquarters in Newport Beach, California. The firm employs over 4,000 people and provides financing solutions to companies while seeking risk-adjusted returns for investors.
How to get in at PIMCO
Applying early to PIMCO gives you a distinct advantage because recruiters review applications before the volume becomes unmanageable. Intern Insider sends an instant alert the moment a role matching your target is published, helping you get your materials in before the pile grows. It is a simple way to stay ahead of the competition during the recruitment cycle. You can also improve your response rates by reaching out to the recruiters behind the roles directly. Intern Insider surfaces the specific contacts at PIMCO so you can ask informed questions about the role or request a referral. This direct approach often yields better results than submitting to a general queue.
