Salary: $77,927.00 - $124,441.00
As a Junior Investment Analyst Trainee you will provide support to the Portfolio Manager, Deputy CIO, and/or CIO by assisting with data collection, analysis, and research related to investment trends, risks and economic factors across all asset classes in the $43 billion Defined Benefit Plan, $5.4 billion Deferred Compensation Plan, and $450 million Defined Contribution Plan (“the Plans”). Asset classes include Private Equity, Real Estate, U.S. Equity, International Equity, Emerging Markets Equity, Fixed Income, Inflation Protection, and Cash. The Trainee will work in accordance with the State Employees’ Retirement Code, other applicable state, federal, and international laws and regulations, and the SERS Statement of Investment Policy.
After successful completion of the training year, the employee in this position will be promoted to Junior Investment Analyst with a corresponding increase in pay. An employee also may be eligible for a pay increase of up to 2% each time the employee successfully completes one of the two levels of the Chartered Alternative Investment Analyst (CAIA) certification exam, as well as a pay increase of up to 2.5% each time the employee successfully completes one of the three levels of the Chartered Financial Analyst (CFA) certification exam.
You can find the posting HERE and also by visiting the commonwealth’s main employment website – www.employment.pa.gov. Click on Search Jobs. To easily find this opportunity, filter by department and select State Employees’ Retirement System. The posting will be available through March 31, 2026.
Established in 1923, SERS is one of the nation’s oldest retirement plans for public employees and manages the pension benefits of more than 246,000 employees and retirees for 96 public sector employers. In 2025, SERS paid more than $4.0 billion in benefits and currently manages nearly $50 billion in assets. Additional information is available at www.SERS.pa.gov.
Our mission is to prepare our members and participants to achieve financial security in retirement. We achieve this through our core values of championing the mission, acting ethically and with integrity, empowering our members, embracing innovation, fostering life work balance, modeling an inclusive and respectful workplace, valuing and developing team members, collaborating, and finding joy in our work.
When you work for the Commonwealth, you’re not just taking a job — you’re stepping into public service. Every role here, from IT to healthcare to administration, directly improves the lives of the people who call Pennsylvania our home. If you want a career where your work has purpose, where you can see the impact of what you do every day, this is the place to be.