Internal Audit & Advisory Intern

Venerable; Chester (Delaware County); Hybrid; USD 25,000 - 39,000; Full time

Benefits offered by this job

Hybrid work schedule

Generous PTO

Job summary

Venerable is offering an Internal Audit & Advisory Internship for Summer 2027. You will support enterprise processes, testing capabilities, and gain exposure to risk and controls within variable annuity products and derivatives.

You'll perform guided control testing, analyze data with Excel and Python, build reports in PowerBI, and present findings to the Head of Internal Audit & Advisory. Hybrid in-office schedule near West Chester, PA; housing not provided.

Qualifications

• Strong curiosity about data and outcomes.
• Willing to improve technical and enterprise tools.
• Effective communication skills.

Responsibilities

• Perform guided internal control testing and assessment of exceptions.
• Use data analysis tools to summarize data extracts and interpret trends for audit and risk tests.
• Use data visualization tools to build reports and interactive tools to understand market risks in variable annuity products and derivatives.
• Develop and present memorandums to summarize analysis and results for audiences including the Head of Internal Audit & Advisory.
• Build and maintain documentation on processes.
• Assist with quantitative analysis and audit projects, improving processes and analytics.

Skills

Data analysis

Data visualization

Communication skills

Education

Business/CS degree

Tools

Excel

Python

PowerBI

Job description

Internal Audit & Advisory Internship

This Internal Audit & Advisory Internship is open for the summer of 2027. As an intern, you will have an opportunity to support and gain exposure to several enterprise processes and testing capabilities that will contribute to Venerable’s strategic objectives.

Responsibilities

• Perform guided internal control testing and assessment of exceptions.
• Using data analysis tools to summarize data extracts, organize data at varying levels, and interpret trends in data for various audit and risk function collaborative tests.
• Using data visualization tools to build reports and interactive tools to understand key market risks in our variable annuity products and the capital market derivatives used to hedge those risks.
• Developing and presenting memorandums to summarize analysis and results for various types of audiences including the Head of Internal Audit & Advisory.
• Building and maintaining documentation on processes.
• Assisting with quantitative analysis, completion of audit projects, improving processes and analytics.
• Building an understanding of the primary risk drivers and controls of Venerable.
• Gaining an understanding of financial and insurance industry.

Recommended Qualifications

• Student applicants are expected to have a strong curiosity over data and data outcomes, willing to improve their skills on technical / enterprise tools, display personal initiative and invest in communication skills.

Preferred Qualifications

• Highly curious and comfortable in a complex and technical environment.
• Strong verbal and written communication skills & strong technical skills inclusive of advanced Excel functions, leverage of the enterprise’s Large Language Model to drive analytical outcomes.
• In pursuit of a college degree in Business, Entrepreneurial and/or Computer science or related background, including exposure to programming languages such as Python, is also a plus.
• Willingness to understand or experience with data and database concepts, data relationships, and data reporting visualization is also an asset.
• Knowledge of Cloud Services is a plus.
• Exposure to Microsoft PowerBI is also a plus.
• Prior internship or co-op experience desired but not necessary.

Eligibility & Location

Note: Eligibility for this internship requires a student's availability to work our hybrid in-office schedule, based in our West Chester, PA office. Housing assistance is not provided. This position is not open to applicants who require sponsorship for legal U.S. work authorization now or at any point in the future post-graduation.

Venerable Values

We are Courageous - We think critically, ask "why?" and seek out creative solutions.

We are Curious - We take calculated risks, learn from out failures, and challenge traditional ways of thinking.

We are Connected - We are connected to each other, our customers and our community.

Please note: The use of AI tools (such as ChatGPT or similar platforms) during interviews is not permitted without the prior approval of Venerable, as the use of such tools may interfere with company confidentiality, misrepresent a candidate’s skills and experience or otherwise conflict with Venerable’s hiring policies.

If you are selected for an interview and a reasonable accommodation is needed, please notify the Venerable Human Resources recruiter aligned to the open position in which you are interviewing for.

If Venerable, in its sole discretion, determines that AI is being used during an interview without prior approval, Venerable reserves the right to end the interview early and/or disqualify a candidate.

Compensation & Benefits

• Competitive Compensation, Benefits, Current Hybrid Work Schedule and a Generous PTO Package!
• Housing assistance is not provided.

Company History

Founded in 2018, Venerable owns and manages legacy annuity business acquired from other entities. Created by an investor group led by affiliates of Apollo Global Management, LLC, Crestview Partners, Reverence Capital Partners, and Athene Holdings, Ltd. Venerable is a business with well-established, strategic investors, experienced in successfully building and growing insurance businesses with patient, long-term capital. We provide innovative risk transfer solutions to companies with variable annuity blocks who seek to rebuild a secure financial future. We will be the answer for companies focused on long term prosperity. Together, we are visionaries. We embrace change, overcome challenges and act like owners. We inspire, support and empower one another. We thrive on trust, decisiveness and transparency.

We are committed to dismantling and eliminating systemic racism and invested in ensuring change is constantly evolving. As an organization, Venerable stands by our core values and consistently works to sustain an equitable environment where diverse perspectives and backgrounds are core to ensuring organizational success. Our Equity, Diversity, and Inclusion program involves colleagues from throughout our organization and is focused on five core topics to drive change - Education and Perspective Seeking, Training, Investments, Volunteerism, and Human Resource Practices.

We are also proud members of CEO Action for Diversity & Inclusion, participants in supporting events in the communities in which we operate, and contributors to the Society of Black Actuaries and Federation of Iowa Insurers Race and Insurance working group.