Claire – Investment Department Graduate
I graduated from the University of Melbourne with a Bachelor of Commerce (Finance Honours).
In 2011 I completed an internship with AustralianSuper and was offered a position in the graduate program, which I happily accepted. I applied for an internship at AustralianSuper because I recognised the growth potential in the Superannuation landscape and specifically the growth of AustralianSuper.
I accepted a graduate offer from AustralianSuper for a number of reasons:
- As a graduate you have a unique opportunity to work very closely with senior management right up to CIO level. I think that the flat structure of the organisation provides great opportunities for grads to learn directly from the most experienced people in the industry.
- Most organisations talk about ‘work-life’ balance, but AustralianSuper really means it. I experienced that first hand during the internship.
- The projects I worked on during my internship were real and challenging.
Since starting the graduate program I have rotated through three teams; Fixed Income and Currency, Macro and Portfolio Construction and Unlisted (Infrastructure and Property). Each rotation has been very different and I’ve had the opportunity to work on many different projects for example:
- Running the currency hedging program in fixed income
- Working on a 5 month long run portfolio project, which considered how AustralianSuper are going to allocate funds between portfolios over the next 5-10 years
- Part of the team bidding on a $1 billion domestic infrastructure asset
I really believe that if you’re interested in different asset classes and starting your career in the fastest growing sector of the financial services industry, then the graduate program at AustralianSuper is best in its class.
Olivia – Graduate Analyst Income Asset team
I completed the AustralianSuper internship program whilst on the summer break during my masters (Master of Finance) at the University of Melbourne. I recognised the importance of the superannuation system in Australia and was drawn to the sector for the opportunity to start a career in a growing field and to work on the buy-side with a long term focus. Having narrowed down to the superannuation industry as a starting point, I quickly realised AustralianSuper sounded like the best fund to work for. The fund is Australia’s largest industry super fund and at the time had the intention to start internalising investment capability so I knew I would have exposure to a wealth of opportunities.
The internship was invaluable and you will contribute real work from day one. Over eight weeks I completed two projects- one for the macro team and one for the infrastructure team looking at utility regulation. I had exposure to the senior management and met with the fund’s CEO and CIO. I worked alongside a team of professionals dedicated to improving the retirement outcomes for its 2 million members which was really refreshing to see. It was also great to experience first-hand what it would be like to work for AustralianSuper. It was great to see the fund really did live its commitment to work-life-balance and flexible working conditions. By the end of my internship, I felt like a valued member of the investment team.
After the internship I was offered a graduate position which I happily accepted. The fund also offered me the option to work a day or two per week, subject to university workload, whilst I finished my course. During this time I worked in the equity team which was an exciting time as the team invested in the fund’s first internally managed portfolio of stocks.
The graduate program has been great so far and provides the opportunity for the graduates to rotate through different teams. So far I’ve worked in the property and infrastructure teams and will work in the fixed income team next. To me rotating through different teams is valuable as the work is quite different between the different asset classes and it allows you to have a chance to see what the work is really like before ultimately finding a team to settle in. The fund has been extremely welcoming and supportive of my development which has been a big benefit since I wished to do the CFA program. If you’re interested in working in superannuation then AustralianSuper is the best place to work.
Andrew – Graduate Analyst Equities team
I started at AustralianSuper as an intern in the summer of 2014 following the completion of studies in economics and finance. In this role I was given the opportunity to work in the Fixed Income and Equities teams. Even as an intern I was given pertinent work and responsibility. In the case of Fixed Income, I researched the investment opportunity in US structured credit, where that research has now been incorporated into a broader assessment of credit securities and could become a part of the portfolio in the future. Within the Equities team I produced financial and economics chart books and was sent to numerous ASX200 listed company reporting meetings held at investment banks.
On completion of the internship I was fortunate enough to be offered a position within the graduate program which I started straight away. A strong attribute of the graduate program is the opportunity to spend time across a number of teams. In my first rotation I was reunited with the Fixed Income team where I gained insight into the general running of the Fixed Income portfolio, investigated new investment opportunities and researched strategy processes. My second rotation will be in the Equities team with a focus on strategy and external managers. In addition, there will also be scope to work in the unlisted teams of property and infrastructure over the course of the year.
I have found AustralianSuper to be a fantastic environment to work for a number reasons. First, the degree of responsibility my work has carried. This is a result of small team sizes as well as flat organizational structure. The latter also allows new entrants in the industry to work directly with highly experienced and intelligent investment professionals. Another key feature of working for AustralianSuper has been the work-life balance afforded to its employees. Most organizations include work-life balance as a 'why work for you us' platitude, while AustralianSuper delivers on this promise, focusing on providing the best possible retirement outcomes for our members and not how many hours you spend in the office.