Financial Reporting Intern (Spring 2027)

Transamerica; Cedar Rapids (IA); Hybrid; USD 24,000 - 34,000; Full time

Benefits offered by this job

Competitive pay

Tuition reimbursement

Health and work-life balance benefits

Employee discounts

Job summary

Transamerica Corporation seeks an accounting/finance oriented intern for a 14-week spring program in Cedar Rapids, IA. You will work full-time, Monday–Friday, supporting finance projects and applying classroom knowledge to real business needs.

You will report to a manager, collaborate with finance leaders, and gain hands-on experience across tools, data analysis, and process improvement in a dynamic financial services environment.

Qualifications

• Currently enrolled in college/university pursuing accounting, finance, business analytics, or similar analytical degree.
• Must be able to work 14 weeks spring internship, typically late January to late April.
• Familiarity with Microsoft Office suite (Word, PowerPoint, Excel) and strong written/verbal communication.
• Analytical/problem-solving skills; ability to work independently and in a team.

Responsibilities

• Use financial tools to produce analyses.
• Identify and resolve problems; seek help when needed.
• Adhere to internal controls framework.
• Conduct business process and data analysis aligning requirements to initiatives.
• Prepare documentation (as is/current state) and flows.
• Elicit business and systems requirements.
• Develop new or revised processes in lieu of system development.
• Analyze requests and document requirements; communicate impacts to management.
• Document data transformation rules and assist technical teams.
• Support project teams with business/data analysis on moderately complex systems.
• Assist with test plans/criteria and participate in testing.

Skills

Microsoft Excel

Word proficiency

PowerPoint

Analytical thinking

Communication skills

Teamwork

AWS knowledge (preferred)

Education

Pursuing accounting/finance/business analytics/analytical degree

Tools

AWS

Job description

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

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.

Job Description

This spring opportunity is 14 weeks long from late-January to late-April. It is full-time hours during normal business hours, Monday - Friday. Students usually take a semester off for a commitment like this.

In this accounting/finance 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.

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).

Rewards & Compensation

The salary for this position is $21.00 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. Applicants must possess legal authorization to work for our company in the U.S. without the need for immigration sponsorship or otherwise serving as an employer of record for immigration employment purposes. At this time, this role is not eligible for immigration-related employment authorization sponsorship.

What We Offer

• 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
• 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 At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential unleashed by 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.

* As of December 31, 2022 For more information about Transamerica’s privacy practices, click here.

For more information, visitwww.transamerica.com.