Analytical Reporting Analyst Intern; Summer
Cedar Rapids, Linn County, Iowa, 52404, USA
Listed on 2026-07-01
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Finance & Banking
Financial Analyst
Job Description Summary
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 their interests relate to possible careers, and to gain practical experience in an industry related to their field of study.
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
- 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 them in solving analytical problems in the business setting
- 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
- Interns will work hybrid in Cedar Rapids, IA
- Tuesday, Wednesday, and Thursday will be in office;
Monday and Friday will be work from home days
The salary for this position generally ranges between $23.00 - 25.00 per hour. Salary may vary above and below the stated amounts, as permitted by applicable law. Full‑time interns will receive an intern allowance to cover costs of relocation including housing, mileage, and travel expenses.
DisclaimerBeware of fake job offers!
- We will never request personal information such as payment for equipment upfront.
- Official offers are sent via Docu Sign following a verbal offer—not through text or email.
For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well‑being of our employees.
Compensation Benefits- Competitive Pay
- Bonus for Eligible Employees
- Pension Plan
- 401k Match
- Employee Stock Purchase Plan
- Tuition Reimbursement
- Disability Insurance
- Medical Insurance
- Dental Insurance
- Vision Insurance
- Employee Discounts
- Career Training & Development Opportunities
- Paid Time Off starting at 160 hours annually for employees in their first year of service.
- Ten paid holidays per year (usually mirroring the New York Stock Exchange holidays).
- Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
- Parental Leave—fifteen 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
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