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Aegon Asset Management Internship- Asset Liability Management Intern in Cedar Rapids, Iowa

Job FamilyIntern

Job Description SummaryThe Asset Liability Management (ALM) & Hedging department within the CFO organization is responsible for hedging the company’s assets against market risks. Transamerica offers a variety of financial products, like variable annuities, which obligate the company to make payments (liabilities) to its customers. By properly hedging the company’s assets using financial derivatives, ALM & Hedging fulfills a vital, revenue-generating role by creating a positive spread between assets and liabilities.As a member of ALM & Hedging you will work to solve business problems using financial engineering, software engineering, statistics, economic analysis, finance, and accounting skills.We offer challenging problems and an opportunity to learn from experts in multiple fields across the financial services industry. Interns will be utilizing a modern open source tool set in a Linux environment and will be exposed to all aspects of computational finance which include theory, data, modeling, implementation, testing, reporting, and communication.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.Candidates for internships are required to graduate in Dec 2020 or later.Job DescriptionResponsibilities to include but not limited to:

  • Implement software using an agile approach.

  • Assist in devising, documenting and implementing quantitative business models.

  • Gather pertinent information and data sources across disciplines to formulate solutions.

  • This role may include work in ALM, modeling, research, trading/hedging strategies.

  • The role requires design and implementation of software or the extraction, transformation, and loading of the data.

Required Qualifications

  • Candidate must be an enrolled student (not graduated) and graduation date must be December 2020 or later

  • Majored in mathematics, actuarial science, finance, economics, physics, computer science or engineering

  • Communication skills to convey complex information to business both verbally and in writing at- Experience with C++ or Python or C#- Experience developing on Windows- Experience with open source software- Working knowledge of SQL

​Preferred Qualifications

  • Experience in the financial services industry

  • Knowledge of equity, fixed income, credit, and derivative instruments

  • Compatibility with Transamerica’s Future Fit mindset

  • Acting as one fosters an environment of positive collaboration

  • Accountability allows us to own the problem as well as the solution

  • Agility inspires new ideas, innovation and challenges the status quo

Working Conditions

  • Office Environment

Why Work for Us

Total Rewards at Transamerica: It’s more than a paycheck.

Our comprehensive Total Rewards package is designed to help support you in many ways — throughout all stages of your life and career. We provide a competitive, market-driven program that encompasses base compensation, bonus potential, retirement, health and wellness benefits, learning and development opportunities, plus great employee perks. All designed with you in mind… to help you live your best life, grow personally and professionally - and feel valued for the work you do.

Learn more about our Total Rewards Package.

Equal Opportunity Employer:

Transamerica Life Insurance Company is an Equal Employment Opportunity employer and does not discriminate against any applicant or employee because of age, religion, sex, gender identity, genetic information, race, color, national origin, pregnancy, sexual orientation, marital status, participation in the uniformed services (e.g. U.S. Armed Forces, National Guard), physical or mental disability, or any other status protected by federal, state, or local equal employment opportunities laws.

Applicants with physical or mental disabilities may be entitled to a form of reasonable accommodation under the Americans with Disabilities Act and certain state and local laws. A reasonable accommodation is a change in the way things are normally done which will insure equal employment opportunity without imposing undue hardship on the Transamerica Companies. Please contact: applicantsupport@transamerica.com if you are a job seeker with a disability, or are assisting someone with a disability, and require assistance to apply for one of our jobs.

Ontario Applicants:

Our Company is committed to providing accessibility to those with disabilities in a manner that is consistent with the principles of independence, dignity, integration and equality of opportunity, that is in compliance with the Accessibility for Ontarians with Disabilities Act 2005 ("AODA"). Please contact applicantsupport@transamerica.com if you are a job seeker with a disability, or are assisting someone with a disability, and require assistance to apply for one of our jobs.

Technical Assistance:

If you experience technical problems during the application process, please email applicantsupport@transamerica.com.

At Transamerica, hard work, innovative thinking and personal accountability are qualities that we honor and reward. We understand the potential that is 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 focused on helping customers secure their long-term financial futures.

Transamerica is a part of AEGON, an international life insurance, pension, and asset management company. The AEGON companies employ approximately 28,000 people and have a strong presence in more than 20 countries across the globe. For more information, visit www.transamerica.com.

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