Analytical Reporting Analyst Intern (Summer 2026)

Transamerica•Cedar Rapids, IA

1d•$23 - $25•Hybrid

About The Position

Internships are short-term work experiences for a designated period of time that allow college students the opportunity to observe and participate in the professional work environment, to explore how his/her interests relate to possible careers, and to gain practical experience in an industry relating to their field of study.

Requirements

Currently pursuing an undergraduate degree in math, actuarial science, statistics, related science field, finance, or related business field.
Internships are not available for students who have completed their college education or who will graduate prior to the conclusion of the internship
Interest, knowledge, and awareness of insurance liability, asset valuation, derivatives modeling, liquidity management, machine learning, artificial intelligence
Familiarity with investment and finance concepts, and be able to creatively apply in solving analytical problems in the business setting

Nice To Haves

Ability to use code (Python, VBA) to help automate tasks and increase efficiency
Proficiency with Microsoft Excel
Familiarity with using modeling systems, particularly AXIS
Knowledge of asset liability management processes in insurance or banking
Understanding of actuarial and accounting

Responsibilities

Support business processes that directly impact Transamerica financials
Assist with quarterly IFRS, Financial Plan/Capital Reforecast, Principles Based Reserves, and C3P1 models, as well as annual Medium-Term Plan, and Cash Flow Testing models
Support the annual setting of economic assumptions by working cohesively with members of Life, Health, Annuity, and Risk areas
Engage in annual discussions regarding economic assumption changes and assist with the creation of model files that reflect the updated assumptions
Provide AXIS format asset inventory, economic assumption, and investment input files to support Asset and Liability Management analysis on a regular basis
Collaborate with more senior analysts on the development of asset-related code updates in AXIS models, and support asset-only user testing of the updates
Learn how to explain model results attribution and reconciliation
Provide support and input required for change management documentation each quarter for assumption and/or system updates
Aid in resolving potential issues and escalating when appropriate

Benefits

Compensation Benefits
Competitive Pay
Bonus for Eligible Employees
Benefits Package
Pension Plan
401k Match
Employee Stock Purchase Plan
Tuition Reimbursement
Disability Insurance
Medical Insurance
Dental Insurance
Vision Insurance
Employee Discounts
Career Training & Development Opportunities
Health and Work/Life Balance Benefits
Paid Time Off starting at 160 hours annually for employees in their first year of service.
Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
Adoption Assistance
Employee Assistance Program
Back-Up Care Program
PTO for Volunteer Hours
Employee Matching Gifts Program
Employee Resource Groups
Inclusion and Diversity Programs
Employee Recognition Program
Referral Bonus Programs