Full-Time
Associate Intern
Analytics
Sallie Mae
1,001-5,000 employees
Private student lending for college access
No salary listed
Newark, DE, USA
Hybrid
Flexible hybrid working arrangements.
Bachelor's, Master's
 Data & Analytics (1) |
|---|
Get referred to Sallie Mae
See people who can refer or advise you
- Expected graduation in May 2027 with a Bachelor's or Master's degree in a quantitative discipline such as Data Analytics, Statistics, Mathematics, Economics, Finance, Computer Science, Data Science, Engineering, or a related field.
- Experience with SQL, Python, SAS, or similar programming languages through coursework, internships, research, or work experience.
- A strong analytical mindset with the ability to interpret data, identify trends, and solve complex problems.
- Ability to communicate complex ideas and analytical insights to both technical and non-technical audiences.
- Strong written, verbal, and presentation skills.
- Demonstrated initiative, adaptability, and a willingness to learn.
- Ability to collaborate effectively across teams and build strong working relationships.
- Strong interpersonal skills and a desire to contribute in a fast-paced, team-oriented environment.
- Commitment to accuracy, quality, and delivering high-value work.
- Curiosity, resilience, and enthusiasm for continuous learning.
- Interest in building a career in analytics, business intelligence, data, strategy, marketing, risk management, or related fields.
- Complete three 8-month rotational assignments across key Analytics groups.
- Analyze business performance, customer behavior, and portfolio trends to identify opportunities and inform decision-making.
- Evaluate credit and risk performance to support lending and portfolio management strategies.
- Generate insights and recommendations that influence business strategy, customer outcomes, and operational performance.
- Partner with business leaders to solve complex challenges and deliver measurable results.
- Utilize tools such as SQL, Python, and Power BI to analyze, visualize, and interpret data.
- Develop dashboards, reporting solutions, and analytical products that support decision-making.
- Apply forecasting, statistical analysis, and modeling techniques to solve business challenges.
- Identify opportunities to automate processes, improve data quality, and enhance analytics capabilities.
- Solve meaningful business problems using data and analytics.
- Develop technical, analytical, and consulting skills through hands-on experience.
- Communicate insights and recommendations through presentations, dashboards, and data storytelling.
- Partner with stakeholders across multiple functions and business areas.
- Participate in mentorship, networking, and leadership development opportunities.
- Gain exposure to senior leaders and strategic business initiatives.
- Exposure to Power BI or other data visualization tools is a plus.
- Internship, co-op, research, leadership, or work experience involving analytics, data analysis, business intelligence, reporting, financial analysis, or related disciplines.
Sallie Mae provides private student loans and related guidance to help students and families plan for college. It finances and supports college access and completion, offering loan products and planning resources to start smart in higher education. The loan products help cover costs like tuition, fees, and living expenses, with repayment and repayment options tailored to borrowers. What sets Sallie Mae apart is its leadership position in private student lending, paired with historical expertise and resources aimed at making college more affordable, accessible, and equitable. The company’s goal is to empower students to begin their unique journeys with confidence by enabling affordable financing, clear planning, and opportunities to pursue higher education and dream big.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Newark, New Jersey
Founded
1972
Get referred to Sallie Mae
See people who can refer or advise you
Simplify's Take
What believers are saying
- Q2 2026 originations rose 4.5% to $716 million, with graduate loans up 29%.
- Management said Federal PLUS reform is driving early demand above expectations in 2026.
- Completed a $200 million repurchase, leaving $242 million authorization for additional buybacks.
What critics are saying
- Q2 2026 revenue missed at $401.1 million, while EPS fell to $0.29.
- July 2026 securities class action and Scholly data-privacy suit create legal overhang.
- A federal student-loan policy reversal or CFPB action would crush origination growth and valuation.
What makes Sallie Mae unique
- Sallie Mae dominates private student lending, with 2026 underwriting partnerships and niche graduate products.
- Nova Credit income verification and KKR partnerships strengthen underwriting, distribution, and capital efficiency.
- Federal PLUS reform expands Sallie Mae’s addressable graduate and parent-loan market in 2026.
Help us improve and share your feedback! Did you find this helpful?
Benefits
401(k) Retirement Plan
401(k) Company Match
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Pet Insurance
Unlimited Paid Time Off
Paid Holidays
Flexible Work Hours
Hybrid Work Options
Parental Leave
Adoption Assistance
Tuition Reimbursement
Family Scholarship Programs
Career Development Budget
Training Programs
Wellness Program
Gym Membership
Company News
Sallie Mae reported disappointing second-quarter results, missing Wall Street's revenue expectations with sales flat year-on-year at $401.1 million. The student loan provider's earnings per share of $0.29 fell 34.2% below analyst estimates. Management attributed the underperformance to increased expenses from technology investments and lower net interest margins due to elevated liquidity ahead of peak loan origination season. However, CEO Jonathan Witter emphasised stable credit trends and manageable loss pressure. Looking ahead, the company expects margin expansion and origination growth driven by recent federal PLUS loan reforms, which management believes could unlock billions in new lending opportunities. A strategic partnership with KKR performed as expected, with a second partnership in late-stage negotiations. Full-year earnings guidance of $3.15 per share remained roughly in line with analyst expectations.
Sallie Mae's second-quarter results missed Wall Street expectations, with revenue of $401.1 million falling 1.8% short of forecasts and GAAP earnings per share of $0.29 missing by 34.2%. Management attributed the flat revenue and lower profits to increased noninterest expenses from investments in new products and technology, plus a temporary dip in net interest margin due to elevated liquidity ahead of peak loan origination season. CEO Jonathan Witter said credit quality remains strong and loss pressure is "concentrated, understood and manageable". The operating margin declined to 20.1% from 21.7% year-on-year. During the earnings call, analysts questioned net interest margin recovery trajectory, credit performance impacts, loan yield patterns, and the company's decision to halt debt sales temporarily.
SLM Corp reported Q2 2026 earnings with a GAAP diluted EPS of $0.29 per share. Loan originations rose 4.5% year-over-year to $716 million, whilst net interest income decreased $44 million to $333 million. The company launched new products, including enhanced medical, dental, law, and MBA loans, plus a new parent loan. Credit quality improved slightly, with average FICO scores rising from 754 to 755. Net charge-offs increased to $113 million from $94 million, partly due to misaligned third-party debt resolution practices. SLM paused all recovery sales as a result. Noninterest expenses rose $28 million to $195 million. The company repurchased 9.3 million shares during the quarter, totalling 13 million year-to-date. Total risk-based capital stood at 13.1%, whilst common equity Tier 1 capital was 11.8%.
Sallie Mae reported disappointing second-quarter results for 2026, missing Wall Street's revenue expectations with flat sales of $401.1 million. The student loan provider's GAAP earnings of $0.29 per share fell 34.2% short of analyst estimates. Net interest income came in at $332.8 million, below the expected $345.8 million. Revenue missed forecasts by 1.8%, showing a 0.6% year-on-year decline. The company's full-year EPS guidance of $3.15 at the midpoint roughly aligns with analyst expectations. However, Sallie Mae has struggled with sustained growth, with trailing 12-month revenue of $1.96 billion remaining close to levels from five years ago. Following the announcement, Sallie Mae's stock dropped 3.5% to $23.34. The company maintains a market capitalisation of $4.76 billion.
Sallie Mae is set to announce its second-quarter earnings results on Thursday after market close. The student loan provider beat revenue expectations last quarter, reporting $560 million in revenues, down 3.6% year on year. This quarter, analysts expect Sallie Mae's revenue to grow 1.2% year on year, reversing the 21.5% decrease recorded in the same period last year. Analysts have generally reconfirmed their estimates over the last 30 days. The company's shares have risen 10.3% over the past month, outperforming the consumer finance segment's average gain of 5.8%. Sallie Mae is heading into earnings with an average analyst price target of $28.73, compared to its current share price of $25.20.