Expense Management Intern (Summer 2027)

Location: Cedar Rapids, Iowa

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 role will support the Expense Management team’s reporting, oversight, and forecasting activities. The Expense Management team at Transamerica is responsible for helping the company determine funding and resource needs and priorities, identifying trade-offs, and providing financial analysis to ensure spend targets are met. Intern responsibilities will include assisting in monthly expense reporting, contributing to variance analysis for actual spend compared to budget, and helping to manage data for budgeting and forecasting processes. Intern will have the opportunity to work with large financial datasets and may apply Business Analytics knowledge (data management, data modeling, BI product maintenance and/or development) to support the team.

Responsibilities:

Work with large data sets from various systems to analyze results and help team understand financial implications

Extract, transform, & load data using data management tools (may include Excel, Tableau, Alteryx)

Perform financial analysis and evaluate monthly forecast updates

Assist in monthly/quarterly expense reporting for management

Support monthly close process for amortization and capitalization entries

Engage across Expense Management team to learn of all roles and responsibilities within the organization

Attend intern events and other networking opportunities.

Qualifications:

To qualify for an internship, applicants must be currently enrolled at a college or university pursuing a business analytics, 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)

Strong written and verbal communication skills.

Ability to work independently and as part of a team.

Analytical and problem-solving skills.

Preferred knowledge of SQL, but not required.

Preferred knowledge of Alteryx & Tableau, but not required.

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 $21 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.

Disclaimer: Beware of fake job offers!

We’ve been alerted to scammers impersonating Transamerica recruiters, particularly for remote positions. Please note:

We will never request personal information such as ID or payment for equipment upfront.

Official offers are sent via DocuSign following a verbal offer—not through text or