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Aflac

Supplemental health and life insurance provider

Global Investments Sustainability Intern

Summer 2027Posted on 10/16/2026Deadline 12/1/26
$20 - $30
Internship
Bachelor's, Master's
New York, NY, USA
HybridAt least three days per week in the New York office; remote work must be from within the continental US and aligned to Eastern Time.
Finance & BankingAsset Management
No H1B Sponsorship

About the job

Requirements
  • Applicants must be pursuing an undergraduate or graduate degree in business/finance or a STEM field.
  • A GPA of 3.0 or above is preferred.
  • Applicants should have a strong interest in investments, finance, asset management, economics, insurance, and the company.
  • Applicants should have analytical, quantitative, and problem-solving skills.
  • Applicants should have verbal and written communication skills.
  • Applicants should have leadership, interpersonal, and relationship-management skills.
  • Applicants should have a basic understanding of financial statements.
  • Applicants should have intermediate to advanced proficiency with Microsoft Office, especially Excel and PowerPoint.
  • Applicants must be eligible to work permanently in the United States and physically located in the continental United States throughout the internship.
  • Applicants must be able to work in the Eastern Standard Time zone.
Responsibilities
  • Communicate regularly across the insurance asset manager on relevant news, information, interpretation, data analytics, potential risks, and methods for presenting ideas.
  • Support analysis and reporting of company commitments and objectives, including PRI, CDP, and TCFD.
  • Support continued integration of environmental and social analysis into the investment process.
  • Learn and support the company’s responsible-investing framework and public commitments.
  • Support management and collaborate with legal, compliance, financial risk, and operational risk colleagues to establish accountabilities, controls, and governance.
  • Research industry trends and best practices in sustainability and assess their applicability to the company.
  • Maintain large data sets and identify key trends to inform stakeholders’ investment decisions.
  • Interact with trading, quantitative, strategy, and research groups, as well as other departments including Enterprise-Wide Risk Management, Accounting, Actuarial, Tax, IT, and HR.
  • Participate in company- and department-wide meetings throughout the summer.
  • Deliver written and verbal presentations to stakeholders.
  • Complete assigned projects supporting current business needs, including research and analyst responsibilities within one or more sectors during the 10-week program.
  • Work on research, portfolio optimization, structuring large data sets for portfolio management, and understanding how data informs investment decision-making.
Desired Qualifications
  • A GPA of 3.0 or above is preferred.
  • Degree focus in Finance, Statistics, Economics, Data or Business Analytics, Sustainability Management, or a similar degree program.

About the company

Aflac provides supplemental health and life insurance products to individuals and families, operating mainly in two regions: Aflac Japan and Aflac U.S. Its policies are designed to cover out-of-pocket costs from health events and income loss, including cancer, critical illness, accidents, hospital stays, and life events. These benefits are paid directly to policyholders to help manage medical expenses not fully covered by primary insurance. The products are distributed through a network of independent agents, brokers, and financial advisors, enabling a high-volume, low-premium model that supports a large, stable customer base and ongoing revenue. Japan is its largest market, and the company uses this broad distribution and scale to differentiate itself from competitors. The goal is to provide straightforward financial protection against unexpected health-related costs while expanding its presence in the U.S. and Japanese markets.

Company Size

10,001+

Company Stage

IPO

Headquarters

Columbus, Georgia

Founded

1955

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Simplify's Take

What believers are saying

  • Japan first-half 2026 sales rose 7%; refreshed Tsumitasu and Anshin Palette drove growth.
  • U.S. group voluntary, dental, and vision products lifted sales 2.6% in Q2 2026.
  • Aflac repositioned $4.8 billion of portfolio assets, targeting $50 million annual investment income.

What critics are saying

  • A 9.3% weaker yen cut Q2 adjusted EPS by $0.05 and masks Japan profit.
  • Japan sales fell 5.6% in Q2 2026, showing Miraito comparisons and lapse pressure.
  • Japan Post now holds over 50 million shares, creating governance pressure during any 2026-2027 slowdown.

What makes Aflac unique

  • Aflac dominates Japan supplemental cancer insurance, anchored by Miraito, Tsumitasu, and Anshin Palette.
  • Its independent-agent distribution and iconic duck brand create cheap, persistent customer acquisition.
  • Forty-three consecutive dividend raises signal disciplined underwriting and shareholder-first capital allocation.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Unlimited Paid Time Off
  • Paid Holidays
  • Hybrid Work Options
  • Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

-1%
PR Newswire
Oct 6th, 2026
bswift launches AI-powered carrier configuration tools with Aflac to simplify benefit plan setup and updates

bswift, a benefits technology and administration company, has launched AI-powered carrier configuration tools in partnership with Aflac. The tools help Channel Partners and clients add, switch, and update benefit plans more quickly and accurately. The technology uses bswift's Emma Intelligence to automatically configure plans, rates, and rules from uploaded carrier-specific plan documents, reducing manual work and errors. The system is tailored to each carrier's unique plan structures and documentation. The announcement builds on AI-native capabilities bswift introduced in July for setting up new small and midsize groups. The new tools address changes within existing sites on the bswift platform, particularly for complex products like voluntary benefits. bswift plans to expand the technology to additional carriers over time.

Yahoo Finance
Sep 19th, 2026
Aflac's net earnings jump 37.7% to $825M, but adjusted earnings fall 7.7% on yen weakness

Aflac reported divergent second-quarter results on 6 August. Net earnings rose 37.7% to $825 million, aided by reduced investment losses. However, adjusted earnings fell 7.7% to $883 million. Currency fluctuations masked underlying performance. The yen weakened 9.3% against the dollar, costing $0.05 per share. Excluding currency effects, first-half adjusted earnings per share rose 4.1% to $3.57. Japan's pretax adjusted margin widened to 34.3% from 32.0% as claims declined, though net earned premiums fell 3.7%. US net earned premiums increased 2.3% to $1.5 billion, but the pretax adjusted margin narrowed to 20.9% from 22.5%. Aflac returned $1.3 billion to shareholders during the quarter, including $983 million in buybacks. The company declared a $0.61 third-quarter dividend payable 1 September.

Yahoo Finance
Sep 17th, 2026
Jim Cramer calls Aflac 'not great, not bad' as insurer posts $825M earnings amid FX headwinds

On September 11, during Mad Money's lightning round, Jim Cramer described Aflac Incorporated as "not great, not bad," noting the stock isn't expensive but lacks significant growth potential. He said the company has limited downside risk at current levels. Aflac reported second-quarter net earnings of $825 million, up from $599 million the previous year. The company returned $1.3 billion to shareholders through $983 million in share repurchases and $309 million in dividends. However, total revenues declined to $4.1 billion, pressured by foreign exchange headwinds. Aflac Japan's adjusted revenues dropped 12.6% in dollar terms to $2.2 billion due to a weaker yen. According to Insider Monkey's database, 39 hedge funds held stakes in Aflac during the second quarter.

AktienSensor
Sep 16th, 2026
Japan Post Holdings acquires 63% stake in AFLAC for $5.8B

Japan Post Holdings has acquired approximately 63% of AFLAC Inc., purchasing around 50.6 million shares in a transaction valued at an estimated $5.8 billion. The Japanese entity is acting as trustee of a trust holding the stake. The acquisition gives Japan Post Holdings significant influence over AFLAC's corporate governance, including board appointments and strategic direction. AFLAC's share price rose modestly by 0.8% following the disclosure, closing at $117.50. The transaction was disclosed via Form 4 filing as of 10 September 2026. With AFLAC's market capitalisation standing at approximately $9.3 billion, the stake positions Japan Post Holdings amongst the insurer's largest shareholders. The cross-border ownership structure may attract regulatory scrutiny from both US and Japanese authorities. Institutional investors are advised to monitor the trust's proxy voting behaviour and governance decisions.

Yahoo Finance
Sep 8th, 2026
Aflac shares lag insurance sector ETF despite $61.7B market cap and Japan cancer insurance leadership

Aflac shares have underperformed the broader insurance sector, rising just 1.7% over the past three months compared to a 12.4% gain for the iShares U.S. Insurance ETF. The Columbus, Georgia-based supplemental insurance provider, valued at $61.7 billion, trades 10% below its July 52-week high of $130.22. The company's recent second-quarter results disappointed investors, with adjusted earnings of $1.75 missing expectations and revenue falling 1% year-over-year to $4.1 billion. Higher benefits and claims pressured profitability at Aflac U.S., whilst operations in Japan showed signs of slowing. Analysts have grown cautious about Aflac's growth prospects, questioning whether its core businesses can deliver sufficient expansion beyond share buybacks. The stock has dipped below its 50-day moving average, suggesting weakened near-term momentum despite holding above its 200-day average for most of the past year.