Portfolio Analyst Intern (Spring 2027, Summer 2027, and Fall 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

We are looking to hire one hybrid intern in our Cedar Rapids, IA office. The internship is scheduled to begin in January 2027 and end in December 2027.

The hourly commitment during the school year is approximately fifteen (15) hours per week, and approximately thirty to forty (30-40) hours per week during the summer.

Position Overview: The Portfolio Management Department consists of Portfolio Managers, Portfolio Analysts, and Portfolio Management Interns with the primary responsibility of supporting the Transamerica General Account portfolio. The interns will assist the Portfolio Analytics Group in providing analytical, organizational and reporting support to the team of portfolio managers and strategists that manage Transamerica’s fixed income portfolios.

Responsibilities:

Assist in supporting Portfolio Analysts, Tactical Portfolio Managers and Portfolio Strategists

Create and update portfolio management reports on a weekly, monthly, and quarterly basis

Create a monthly client reporting package for all divisions within the company

Enhance understanding of the investment industry and economy through various readings, meetings, and projects

Developing skills and knowledge of different investment software (e.g. Aladdin and Bloomberg)

Assist in miscellaneous special projects

Required Qualifications:

Must be currently enrolled full-time at a college or university pursuing a Business or related degree

This internship is not available for students who have completed their undergraduate degree or who will graduate prior to the conclusion of the internship

Strong written & verbal communications skills

Ability to work independently and as part of a team

Detail-oriented

Reliable, dependable

Working knowledge of Microsoft Word, PowerPoint, Excel

Preferred Qualifications:

Advanced Excel skills (power query, VBA, etc.)

Exposure to PowerBI

Knowledge of economics, economic data, and economic forecasting

Understanding of finance and fixed income investments

Ability to develop creative solutions using spreadsheets, databases, analytical software and graphics

Basic understanding of investments

Working Conditions:

Interns will work hybrid in Cedar Rapids, IA.

Tuesday, Wednesday, and Thursday will be in office; Monday and Friday will be work from home days.

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.

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