Lateral move as an intern in wealth management to asset management/valuation

I am currently doing a 2-year PWM internship (nothing like NWM) at a large insurance firm, and their Asset Management department is looking for junior analysts. I have done some investment valuation and had exposure to the insurance industry through another internship. It was a corporate strategy internship where I worked with valuation and investments. I am also going to write my master thesis using in investments using programming. I meet all of their requirements except only the problem might be that my grades from MSc Finance is slighly above average, nothing great, but grades from undergrad were quite good. Is this move realistic?

Additionally, their department for internal valuation(?)/capital modelling is also looking for a junior analyst. They develop internal models for risk and capital requirements with respect to Solvens 2 rules. This sounds like valuation using DCF, FCFE etc. in Excel, and this is exactly what I did at my former internship, but I am not sure. However, I got a C in the valuation course at postgrad, so this might weaken me a lot (although I got top grades in similar courses at undergrad).

I have the managers' e-mails, phone numbers and internal chat accounts (we use Skype for Business). I am thinking of contacting him before sending my application. What is the best way to go forward, and what should I say other than I also work as the same company as him? I looked up his Linkedin, and my former boss (at the same company) is connected with him. I think they work closely, as both are CIOs but work in different departments.

 

I haven't seen him or talked to him for about 2 months now. I didn't really work a lot with him other that he used to congratulate me now and then for bringing in new capital to the firm.

Also, how do current bosses look at moves like this? My contract runs out in June 2018, and I do not want to burn any bridges, especially as another intern just moved into equity research two months ago, and I think my boss was a little bit dissappointed.

 

Omnis corrupti voluptatem maxime sit sit reiciendis. Excepturi illum officia a est sed quia doloremque. Ab explicabo veritatis illum deleniti. Id aut eligendi voluptatem doloribus.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”