Investment Accounting Intern

American Equity; Des Moines (IA); On-site; USD 21,000 - 30,000; Full time

Benefits offered by this job

Housing stipend

Dedicated mentorship

Intern Hack-a-thon

Job summary

American Equity seeks an Investment Accounting Intern to assist the Investment Accounting team with daily, monthly, and quarterly accounting activities, including reconciliations, journal entries, financial analysis, and reporting for the company’s investments. The role provides hands‑on training and exposure to GAAP and STAT accounting across fixed income, private placements, and derivatives.

The Launchpad Internship Program is a 10–12 week, in-person experience based in our downtown Des Moines

Qualifications

• Currently pursuing a bachelor’s degree in Accounting or another related field of study.

Responsibilities

• Prepares and posts journal entries and supporting documentation.
• Assists with monthly and quarterly loan accounting and reporting, including journal entry activity and reconciliations.
• Assists with the review of private loans, including calculation and booking of allowances.
• Completes and distributes quarterly STAT and GAAP investment disclosures.
• Assists in providing information, reports, and analysis for internal and external auditors and tax specialists.
• Contributes to automation and continuous improvement projects.
• Collaborates with fellow interns across departments on a strategic, cross‑functional initiative that drives meaningful business impact.
• Performs ad hoc reporting and other related duties as assigned.

Skills

Communication

Excel

Attention to detail

Analytical thinking

Organizational skills

Deadline-driven

Education

Accounting degree in progress

Tools

Microsoft Office

Job description

GENERAL PURPOSE OF THE JOB The Investment Accounting Intern works with the Investment Accounting team to assist with daily, monthly, and quarterly accounting activities, including the preparation of reconciliations, journal entries, financial analysis, and internal and external reporting for the Company’s investments. This role provides hands‑on training and project experience related to investment accounting, offering exposure to insurance and investment accounting methodologies across a range of asset classes, including fixed income securities, alternative instruments, private placements, private loans, mortgage loans, and derivatives for both GAAP and STAT accounting.

GENERAL PURPOSE OF THE JOB The Investment Accounting Intern works with the Investment Accounting team to assist with daily, monthly, and quarterly accounting activities, including the preparation of reconciliations, journal entries, financial analysis, and internal and external reporting for the Company’s investments. This role provides hands‑on training and project experience related to investment accounting, offering exposure to insurance and investment accounting methodologies across a range of asset classes, including fixed income securities, alternative instruments, private placements, private loans, mortgage loans, and derivatives for both GAAP and STAT accounting.

LAUNCHPAD INTERNSHIP PROGRAM The American Equity Launchpad Internship Program is designed to identify, develop, and empower the next generation of talent. Through meaningful project work, mentorship, professional development, and networking opportunities, interns gain real‑world experience while building the skills and connections needed to launch their careers.

The Launchpad Internship Program is a 10–12 week, in‑person experience based in our downtown Des Moines office. Interns gain hands‑on experience, collaborate with professionals across the organization, and contribute to work that drives meaningful business outcomes.

Program Highlights

• Contribute to meaningful projects that deliver real business impact.
• Receive dedicated mentorship from leaders and colleagues across the organization.
• Participate in an Intern Hack-a-thon focused on solving real business challenges and presenting innovative solutions to company leaders.
• Develop professional skills through learning sessions, leadership presentations, and networking opportunities.
• Engage in community service projects, Des Moines Intern Connections events, and social activities with fellow interns.
• Receive competitive compensation, including a housing stipend and recognition opportunities.

Essential Duties And Responsibilities

• Prepares and posts journal entries and supporting documentation.
• Assists with monthly and quarterly residential, commercial, and agricultural loan accounting and reporting, including journal entry activity and reconciliations.
• Assists with the review of private loans, including calculation and booking of allowances.
• Completes and distributes quarterly STAT and GAAP investment disclosures.
• Assists in providing information, reports, and analysis for internal and external auditors and tax specialists.
• Contributes to automation and continuous improvement projects.
• Collaborates with fellow interns across departments on a strategic, cross‑functional initiative that drives meaningful business impact.
• Performs ad hoc reporting and other related duties as assigned.

Education And/Or Experience

• Currently pursuing a bachelor’s degree in Accounting or another related field of study.

Certificates, Licenses, Professional Designations

• None required for this position.

Knowledge, Skills And Abilities

• Strong verbal and written communication skills.
• Ability to successfully handle pressure and meet deadlines in a fast‑paced work environment.
• Ability to work cooperatively and successfully with employees, customers, and other outside third parties.
• Proficient in the use of Microsoft Office Suite, particularly Excel.
• Ability to define problems, collect data, establish facts, and draw valid conclusions.
• Strong attention to numeric and other detail; ability to work with mathematical concepts and apply them to practical situations.
• Strong organizational and planning skills.

Disclaimer This description covers the major purpose and essential functions of the job. It is not intended to give all details or a step‑by‑step account of the way each task is to be performed. Employees may receive other job related instructions and be required to perform other job related work requested by their manager. All requirements are subject to possible modification to provide reasonable accommodation to qualified individuals with disabilities.

At American Equity, our core values—Empowered, Passion, Integrity, and Caring—are more than words. They guide how we support one another and how we serve our clients every day. To learn more about American Equity, our culture, and our values, visit the Careers site.

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