Internship
Investment Engineer Intern
Summer 2023
Posted on 7/29/2022
Bridgewater Associates
1,001-5,000 employees
Investment management and economic research firm
Entry
Westport, CT, USA
- Passion and knack for building data models and algorithmic systems that solve complex investment problems
- Deep interest in markets, finance, and investing
- Great analytical mind
- Desire to work with the best people in a highly entrepreneurial and collaborative environment
- We are looking for undergraduate and graduate students who have a high affinity for building well-engineered solutions to complex problems pertaining to economics, markets, portfolio management and trading
- Summer interns will work on a challenging investment engineering project throughout the course of their internship with the potential to have real impact in our investment process and to shape how we do work
- Interns will also participate in a summer-long Investment Engineering class which will give each participant a well-rounded experience that covers the gamut of the problems we face and the thinking required to solve them
- Top summer interns will receive full time offers to join the team following the successful completion of their degree
Bridgewater Associates focuses on understanding global economies and financial markets to manage investment portfolios for institutional clients. Their approach involves radical truth and transparency, encouraging open discussions and thoughtful disagreements to foster improvement and innovation. This culture allows them to build a deep understanding of market dynamics, which informs their investment strategies. Unlike many competitors, Bridgewater emphasizes an idea meritocracy, where the best ideas prevail regardless of their source. Their goal is to achieve excellence in both work and relationships, ultimately delivering strong performance for their clients.
Company Stage
Grant
Total Funding
$22M
Headquarters
Westport, Connecticut
Founded
1975
Simplify's Take
What believers are saying
- Bridgewater's promotion of Joanna Alpert to head a new investment unit indicates opportunities for career advancement and leadership roles.
- Partnerships with organizations like Global Citizen to raise loans for developing countries showcase Bridgewater's commitment to impactful global initiatives.
- The launch of digital asset operations in the UAE and new niche funds reflect Bridgewater's innovative approach and expansion into emerging markets.
What critics are saying
- The departure of key executives, such as the former co-CEO, due to cultural misfit issues, suggests potential challenges in maintaining leadership stability.
- The need to 'rewire' the hedge fund following Ray Dalio's exit may indicate transitional challenges and potential disruptions.
What makes Bridgewater Associates unique
- Bridgewater Associates' culture of radical truth and radical transparency sets it apart in the hedge fund industry, fostering an environment of open disagreement and continuous improvement.
- Their focus on understanding global economies and markets through deep research and innovative technology provides unique insights that drive their investment strategies.
- Bridgewater's long-standing track record of managing $150 billion for sophisticated institutional clients highlights their expertise and reliability in the financial sector.
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Benefits
Best-in-class medical insurance and prescription drug coverage, with all premiums fully covered by Bridgewater, for employees and their dependents.
Generous dental and vision insurance offerings.
Concierge patient services for anyone dealing with serious or chronic issues and the capability to find the highest quality doctors in their area.
Telemedicine service with 24/7 availability of medical professionals at no cost to employees.
Confidential and free counseling services with licensed therapists and clinicians provided through our Employee Assistance Program.
Healthcare Advocate advisors to help navigate the healthcare system.
Ability to take time off when employees need it: Our new flexible paid time off policy requires employees to take a minimum of 15 days per year, with no cap. In addition, there are 16 annual company holidays — the standard NYSE schedule plus six additional holidays, yielding several four-day weekends throughout the year.
Unlimited, fully paid sick days for all Bridgewater employees.
Paid and unpaid leave of absence options, including fully paid short-term disability, long-term disability benefits, and bereavement.
Eight weeks of fully paid parental bonding and care-giving time for all new parents with an additional eight weeks of paid medical recovery time for those who give birth.
Optional part-time ramp back program for returning parents as they transition back to work.
State-of-the-art mother’s rooms with equipment and accessories to support breastfeeding mothers.
Resources for parents, including a working parents group, support finding childcare, and support for parents of children with behavioral or developmental special needs.
Support for family planning that includes financial assistance for adoption, surrogacy, and egg/embryonic freezing costs.
30 days of back-up dependent care, with access to a national network of childcare centers, in-home providers, and eldercare resources as well as discounted rates on academic support services.
Pet insurance plans that reimburse eligible veterinary expenses relating to wellness coverage, accidents, illnesses, and injuries.
For employees on Guard or Reserve assignments, Bridgewater ensures full pay for up to a year and continuous benefits coverage for up to two years.
Competitive 401(k) plan that matches up to $15k of employee contributions annually, with immediate eligibility and vesting.
Free and automatic enrollment into Basic Life insurance; supplemental life insurance is available at cost for employees who are looking for additional coverage.
Flexible spending accounts for eligible health and dependent care expenses, which allow employees to set aside pre-tax dollars for eligible medical needs, childcare, or eldercare.
Competitive group rates for life and accident insurance, auto and home insurance, and group legal plans.
Commuter benefit program that allows employees to set aside pre-tax dollars to pay for commuting costs via public transportation.
Remote work flexibility with most employees required to work onsite 2-3 days per week, with flexibility to work offsite on other days.
Free access to on-site gyms and meditation rooms.
Free daily prepared lunch and a variety of on-the-go meals, snack, and beverage options.
Engaged and active community that includes frequent company events (such as our Distinguished Speaker Series), several affinity networks, and nearly 100 employee-led extracurricular groups.