Transamerica
Finance/Accounting Intern - Internal Controls (Summer 2025)
Cedar Rapids, IA
Sep 24, 2024
fulltime
Full 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 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

Job Description Summary

Responsible for assisting in the day-to-day execution of the Aegon Americas Sarbanes Oxley controls program within the first line of defense. Responsible for assisting in the identification, assessment, oversight reporting, and disclosure of key controls across the company, and ensuring the business procedures and/or financial controls are in compliance with applicable regulatory and corporate standards and practices. Develop and maintain relationships with appropriate business management and process owners, as well as risk management personnel (second line of defense).

Responsibilities:

  • Help evaluate the design of internal controls and make recommendations for improvement.
  • Assist in documenting financial/accounting/actuarial process flows, with a focus on internal controls and Sarbanes-Oxley compliance.
  • Support the execution of management’s SOX risk assessment and scoping activities to ensure proper risk identification, process mapping and controls linkage for a sustainable internal control framework.
  • Assist in the development and implementation of goals, policies, priorities, and procedures relating to internal controls over financial reporting and SOX.
  • Help prepare updates to management, including management control remediation plans.
  • Work with external auditors to plan and implement an assessment of the control environment, coordination of timing and execution of process walkthroughs, and a process for timely sharing of potential issues for resolution with respect to internal controls.
  • Collaborate with the first line in development of action plans to assess the adequacy of action taken by management to correct reporting deficient conditions, accepting adequate corrective action and continuing reviews with appropriate management on action considered inadequate until satisfactory resolution.
  • Collaborate with the second line the in development and implementation of a system to capture and track control deficiencies, as well as internal and external audit findings to resolution.
  • Engage the second line in testing the design and operating effectiveness of internal control over financial reporting.
  • Attend all intern events and participate in the internship program in general

Qualifications:

  • To qualify for an internship, applicants must be currently enrolled at a college or university pursuing an accounting, finance, 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
  • Familiarity with accounting principles.
  • Strong written and verbal communication skills.
  • Ability to work independently and as part of a team.
  • Analytical and problem-solving skills.

Location & Work Environment:

  • Cedar Rapids, IA
  • This position is hybrid. Hybrid employees will need to work at a Company office location at times and a remote work location (typically their home) at times.

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.

**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 hourly wage for this position is $19 per hour. This range is an estimate, based on potential qualifications and operational needs. 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.

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.

PDN-9d155558-c120-4a2a-b653-34114015d3b5
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Accounting
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Finance/Accounting Intern - Internal Controls (Summer 2025)
Transamerica
Cedar Rapids, IA
Sep 24, 2024
fulltime
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