T

TruStage

Co-branded insurance and investment solutions

Fixed Income Intern

Summer 2027
$18 - $28
Internship
Bachelor's
Madison, WI, USA
HybridHybrid internship; work is at the Madison office.
Finance & BankingEquity & Credit Research
No H1B Sponsorship

About the job

Requirements
  • Students must be pursuing an undergraduate degree and have an expected graduation date of December 2027 or later.
  • Candidates who now or in the future require company sponsorship for an immigration-related employment benefit are not eligible to apply.
  • Candidates must be working toward a relevant degree or have equivalent work experience.
  • Candidates must demonstrate knowledge of Microsoft Office; advanced Excel skills, including building dynamic models and reports, are required.
  • Candidates must have strong analytical, critical-thinking, problem-solving, and decision-making skills.
  • Candidates must demonstrate interpersonal and customer service skills.
  • Candidates must have excellent communication skills.
  • Candidates must demonstrate intellectual curiosity and a desire to learn.
Responsibilities
  • Work with the Head of Credit Research and rotating Senior Analysts on projects including corporate earnings reviews, private placement new issues, sector reviews, and other projects.
  • Present portions of a private placement new issue at an investment committee meeting.
  • Gather and organize data for reports and projects.
  • Prepare written earnings reports and project materials.
  • Attend and participate in meetings.
  • During the final two weeks, prepare and present an investment recommendation or sector review on a topical area to a small group of the Fixed Income team.
Desired Qualifications
  • Pursuing a degree with a major in Finance, Accounting, or Economics.
  • Has obtained or is willing to obtain the Chartered Financial Analyst (CFA) credential.
  • Experience working with data tools and integrating financial data add-ins such as Bloomberg is preferred.
  • Experience with data visualization tools such as Tableau or Power BI, and programming languages such as Python, SQL, R, Java, or similar, is preferred.
  • Ability to independently learn analytical software and data tools.
  • Experience with artificial intelligence tools such as Co-Pilot is preferred.

About the company

TruStage partners with credit unions to offer co-branded insurance and investment products to their members. Its products include life, auto, and home insurance, plus retirement and investment options, sold through the credit unions. The model uses the trust and relationships of credit unions to reach everyday consumers, especially middle-income families. Its goal is to help people achieve financial security by making insurance and investment products accessible through trusted credit unions.

Company Size

11-50

Company Stage

N/A

Total Funding

N/A

Headquarters

Madison, Wisconsin

Founded

1935

Get referred to TruStage

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • TruStage reported 2025 revenue above $6.1 billion and net income of $312 million.
  • March 2026 Compliance Hub Alerts automates monitoring across 18,000 legal citations for institutions.
  • April 2026 CPI-Auto Tracked and Temenos integrations deepen distribution and raise embedded-sales conversion.

What critics are saying

  • July 2026 cyber incident shut systems down and triggered fourteen Wisconsin class actions.
  • Service outages disrupted GAP, payment protection, and annuity operations across credit unions for weeks.
  • Pending stablecoin approval and security doubts threaten TruStage’s trust-based moat and credit-union relationships.

What makes TruStage unique

  • TruStage reaches 93% of U.S. credit unions, anchoring distribution with entrenched trust.
  • Its embedded protection products sit inside loan workflows at MeridianLink, Temenos, and SavvyMoney.
  • TruStage Stablecoin positions the company as an early credit-union payments infrastructure provider.

Help us improve and share your feedback! Did you find this helpful?

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • Parental Leave
  • Paid Vacation
  • 401(k) Retirement Plan
  • Hybrid Work Options
  • Tuition Reimbursement

Company News

Associated Press
Apr 23rd, 2026
Tangenesis launches TruStage payment protection integration for Temenos with real-time quotes

Tangenesis has launched Version 3.0 of its TruStage Payment Protection Integration for Temenos Virtual Capture, enabling real-time insurance quoting and instant purchasing within the Temenos platform. The integration is designed for credit unions using Temenos and its Virtual Capture solution. The new version allows credit union members to receive real-time quotes for TruStage lending insurance products and complete purchases instantly through a digital interface. The system uses API-driven connectivity to automate workflows and reduce operational overhead. According to TruStage research, 80% of borrowing consumers would likely opt for payment protection products, but fewer than half recall being offered them. The integration embeds these options directly into the loan process. Version 3.0 is immediately available to Temenos clients using Tangenesis Virtual Capture.

Associated Press
Mar 26th, 2026
TruStage generates $6.1B revenue, becomes fourth largest US life insurer by policy count

TruStage reported strong 2025 financial performance with over $6.1 billion in revenue, $312 million in net income and $36.1 billion in assets under management. The insurance and financial services provider maintained strong ratings from AM Best (A), S&P (A+) and Moody's (A2). The company paid over $2.6 billion in total benefits across 42 million consumers and became the fourth largest life insurance provider in the US by policy count. TruStage Ventures expanded to 67 portfolio companies with over $400 million in total investment. The TruStage Foundation invested $3.9 million in communities through more than 100 non-profits, whilst employees registered 8,600 volunteer hours and raised $640,000 for charitable organisations. The company has been named to Forbes' Best Insurance Companies list for four consecutive years.

Yahoo Finance
Mar 9th, 2026
TruStage launches automated compliance tool tracking 18,000+ legal citations across US states and federal agencies

TruStage Compliance Solutions has launched Compliance Hub Alerts, a regulatory tracking tool that monitors over 18,000 legal citations across state and federal levels, agency rules, case law and regulatory guidance. The web-based application automatically notifies compliance officers of regulatory changes affecting their operations. The platform uses customisable filters to deliver tailored alerts and allows users to assign specific changes to team members. Each alert includes a summary of the update, potential impact, legal references and implementation guidance. A centralised dashboard provides visibility into tracked legislation and generates audit reports. Compliance Hub Alerts covers all 50 US states, Washington DC and federal bodies including the Consumer Financial Protection Bureau, Federal Reserve, FDIC, IRS and NCUA. The tool aims to automate previously manual compliance monitoring processes for financial institutions.

The Credit Union League of Connecticut
Dec 10th, 2025
Committed Partners in a Changing World

Committed partners in a changing world. For 90 years, TruStage has stood shoulder-to-shoulder with the credit union movement. As Connecticut's credit unions continue to navigate change, TruStage remains a trusted and essential partner, offering support, innovation, and stability in every environment we face together. In its most recent annual report, TruStage delivered more than $2.5 billion in benefits to members across the country, helping families weather uncertainty, build resilience, and plan for the future. They were again named one of America's Best Insurance Companies by Forbes and have now become a Top 5 life insurer in the U.S. by policy count. These accolades underscore what credit unions already know: TruStage delivers for people. Their commitment to credit unions goes well beyond product delivery. In 2024 alone, TruStage generated more than $5.6 billion in revenue and $200 million in net income - enabling continued reinvestment into the system and our communities. Their $3.5 million in philanthropic pledges through the TruStage Foundation and over $159 million invested into the credit union system over the past five years prove that they're more than a vendor; they are aligned with our mission. In Connecticut, TruStage has partnered with the League to empower innovation, promote advocacy, and support financial well-being initiatives. Their voice is present alongside ours on issues like data privacy, interchange, and consumer protection. Their national perspective, combined with local support, helps our credit unions stay ahead of change and focused on impact. * Trusted by 93% of credit unions nationwide * Over 39 million consumer relationships * $400+ million invested in 67 FinTechs, creating 1,800 partnerships through TruStage Ventures * Products and services that span every stage of the financial life journey - from first car to retirement Looking forward, we are excited to continue our collaboration with TruStage and our joint investment in partnerships like Clutch, which help position credit unions as FinTech-forward institutions without sacrificing what makes us unique: people-first service and local trust. In a rapidly changing financial services environment, TruStage remains steady, forward-thinking, and true to the credit union mission. We are proud to work with them, and we know their future-focused vision will continue to benefit our members and communities for generations to come.

PE Hub
Oct 7th, 2025
Demopolis Acquires TruStage Platform

Demopolis has acquired TruStage's digital storefront platform.