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Financial Data Engineer Intern (Summer 2024) job

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Transamerica

Job Ref:	R20053639
Employer:	Transamerica
Sector:	Investment Life Insurance Pensions/Retirement
Qualifications:	Graduate Actuary
Software:	Python SQL
Job Type:	Full Time
Salary and Benefits:	$22 - $24 per hour
Remote:	Yes
Location
Country:	United States
Post Code:	Not specified
Map:	(Show on map)
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 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. Transamerica is a part of Aegon, an integrated, diversified, international financial services group. The Aegon companies employ over 21,500 people and have approximately 31.7 million customers.* For more information, visit www.transamerica.com. Who We Are Transamerica has been making financial services available to the many, not just the few, for more than 100 years. We're a leading provider of life insurance, retirement, and investment solutions, serving millions of customers throughout the United States. Transamerica's dedicated professionals focus on helping people live their best lives through saving, investing, and protecting their loved ones. Transamerica is dedicated to building America's leading middle market life insurance and retirement company, providing a broad range of quality individual life insurance policies, workplace supplemental insurance benefits, workplace retirement plans, individual retirement accounts, and investment products, including mutual funds, annuities, stable value solutions, as well as investment management services. What We Do Transamerica is organized by lines of business (Life Insurance, Annuities, Mutual Funds, Retirement Plans, and Employee Benefits), which are supported by Transamerica Corporate (Corporate Development; Finance; Internal Audit; Legislative, Regulatory & Policy; Office of the CEO; People and Places; Brand; Corporate Affairs; Risk; and Technology). 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 The Financial Data Engineer Intern will assist with the integration of asset, derivative and liability models to provide valuation, forecasts, and strategy projections for business lines. They will assist with the automation of existing processes and introduce new methods to improve forecasts and increase first turn quality of results. Responsibilities: Code using Python and/or SQL. Optimize business performance by enhancing the alignment between business processes and IT, building and sustaining a process-managed Asset and Liability Management (ALM) organization. Focus on the human, organizational and value stream aspects of business processes and their transformation. Collect and analyze process data to initiate, develop and recommend business practices and procedures that focus on improved analytics, increased productivity and reduced cost. Implement automated processes for all aspects of ALM, including investment analytics, trade processing and hedge design. Analyze and measure the effectiveness of existing business processes and develop sustainable, repeatable, and quantifiable business process improvements. Collaborates with IT, Finance, Actuarial and other areas throughout the firm to ensure that ALM processes are compatible with firm objectives and technology environment. Determine how new information technologies can support reengineering business processes. Help to reengineer legacy processes without disrupting business as usual. Qualifications: Currently pursuing a master's degree in Computer Science, Data Analytics, Quantitative Finance, Financial Modeling, or a similar program. Internships are not available for students who have completed their college education or who will graduate prior to the conclusion of the internship. Excellent working knowledge of database/data warehouse programming in Python and/or SQL. Some knowledge of finance modeling. Strong communication skills. Experience in process engineering, accounting, financial technology, or quality control Derivative knowledge and basic experience of data processing in Microsoft Power BI a plus. Decent technical writing skills. Rewards & Compensation: In addition to gaining exposure to the financial services and insurance industry, students gain access to intern exclusive events and networking opportunities throughout the summer while receiving a competitive compensation. Compensation: Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to applicable pay transparency and compensation posting laws. It is estimated based on what a successful candidate might be paid in certain Company locations. The salary for this position generally ranges between $22-$24 an hour for undergraduate students and up to $30 an hour for graduate students. This range is an estimate, based on potential qualifications and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law. Working Environment & Program Dates: Hybrid of fully remote work environment. Candidates must be able to work ~ 40 hours/week during the 12 week summer internship program (mid-May to mid-August). 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 Peer Recognition Program (BRAVO) * As of December 31, 2022 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. https://www.transamerica.com/why-transamerica/aegon-transamerica-foundation 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 29.5 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.

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