Job Family

Administrative Services

About Us

At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential of leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests.

Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment — one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there.

Who We Are

We believe everyone deserves to live their best life. More than a century ago, we were among the first financial services companies in America to serve everyday people from all walks of life.

Today, we’re part of an international holding company, with millions of customers and thousands of employees worldwide. Our insurance, retirement, and investment solutions help people make the most of what’s important to them.

We’re empowered by a vast agent network covering North America, with diversity to match. Together with our nonprofit research institute and foundation, we tune in, step up, and are a force for good — for our customers and the communities where we live, work, and play. United in our purpose, we help people create the financial freedom to live life on their terms.

What We Do

Transamerica is organized into three distinct businesses. These include 1) World Financial Group, including Transamerica Financial Advisors, 2) Protection Solutions and Savings & Investments, comprised of life insurance, annuities, employee benefits, retirement plans, and Transamerica Investment Solutions, and 3) Financial Assets, which includes legacy blocks of long term care, universal life, and variable and fixed annuities. These are supported by Transamerica Corporate, which includes Finance, People and Places, General Counsel, Risk, Internal Audit, Strategy and Development, and Corporate Affairs, which covers Communications, Brand, and Government and Policy Affairs.

Transamerica employs nearly 7,000 people. It’s part of Aegon, an integrated, diversified, international financial services group serving approximately 23.9 million customers worldwide.* For more information, visit transamerica.com.

Job Description Summary

In this Financial Reporting Analytics internship, you will have the opportunity to work alongside Transamerica team members on business-required/necessary projects. This position allows you to take your classroom knowledge and apply it. If you’re self-driven and able to see opportunity in change, you can make a difference within our business. You will report to a manager and build relationships with key leaders and team members in all areas of finance.

Job Description

Responsibilities:

Uses multiple financial tools to produce a variety of analyses.
Proactively identifies unique problems and seeks help to resolve them, if necessary.
Responsible for adherence to the company's framework of internal controls.
Conducts business process and data analysis to align high-level requirements to business initiatives.
Prepares “as is” and “current state” documentation in written and graphical form (flows).
Facilitates the elicitation of business and systems requirements.
Develop new or revised processes or procedures in lieu of system development.
Analyze business unit requests and document business requirements, work with various technical staff members to determine possible solutions and communicate business and system impacts management.
Analysis business data and transformation rules, document requirements, and prepare documentation as needed for technical teams.
Prepare documentation for business and system requirements in various formats.
Work on project teams to provide business and data analysis on moderately complex information systems. Includes documentation of business/system requirements and data transformation rules.
Conduct research and analysis to quantify business opportunities and may develop formal recommendations to management.
Utilize project management methodologies to support a systems development methodology to meet project deliverables.
Provide test scenarios or test criteria based on knowledge gained through business and systems analysis. May provide approval or quality check on test plans or test matrix.
Serve as a liaison to business units when gathering requirements.

Qualifications:

To qualify for an internship, applicants must be currently enrolled at a college or university pursuing an accounting, finance, business analytics, or other analytical-type degree. Internships are not available for students who have completed their college education or who will graduate prior to the conclusion of the internship.
Working knowledge of Microsoft suite of products (Microsoft Word, PowerPoint, and Excel)
Strong written and verbal communication skills.
Ability to work independently and as part of a team.
Analytical and problem-solving skills.
Preferred knowledge of AWS (but not required).

Preferred Qualifications:

Preferred experience and fundamental knowledge of Power BI, Tableau, or Amazon QuickSight.

Rewards & Compensation:

In addition to gaining exposure to the financial services and insurance industry, students gain access to internship-exclusive events and networking opportunities throughout the summer while receiving competitive compensation.

The salary for this position is $21/per hour. Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.

Working Environment:

Flexible work location environment: Prefer Cedar Rapids Hybrid. Internship can be remote.

What We Offer

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

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
College Coach 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

Inclusion & Diversity

We believe our commitment to diversity and inclusion creates a work environment filled with exceptional individuals. We’re thrilled to have been recognized for our efforts through the Human Rights Campaign Corporate Equality Index, Dave Thomas Adoption Friendly Advocate, and several Seramount lists, including the Inclusion Index, 100 Best Companies for Working Parents, Best Companies for Dads, and Top 75 Companies for Executive Women.

To foster a culture of inclusivity throughout our workforce, workplace, and marketplace, Transamerica offers a wide range of diversity and inclusion programs. This includes our company-sponsored, employee-driven Employee Resource Groups (ERGs), which are formed around a shared interest or a common characteristic of diversity. ERGs are open to all employees. They provide a supportive environment to help us better appreciate our similarities and differences and understand how they benefit us all.

Giving Back

We believe our responsibilities extend beyond our corporate walls. That's why we created the Aegon Transamerica Foundation in 1994. Through a mix of financial grants and the volunteer efforts of our employees, the foundation supports nonprofit organizations focused on the things that matter most to our people in the communities where we live and work.

Transamerica’s Parent Company

Aegon acquired the Transamerica business in 1999. Since its start in 1844, Aegon has grown into an international company serving more than 23.9 million people across the globe.* It offers investment, protection, and retirement solutions, always with a clear purpose: Helping people live their best lives. As a leading global investor and employer, the company seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion and diversity.

* As of December 31, 2023