Risk Analyst Intern (Summer 2022)

Risk Analyst Intern (Summer 2022)

Aegon is a Dutch multinational life insurance, pensions and asset management company.

(more about Aegon)

Job Description

Transamerica is searching for a summer Risk Analyst Intern who is eager to learn about asset liability management (ALM), hedging, and risk management within the life insurance business. The successful intern will work with experienced financial professionals on the ALM Strategies and PM (portfolio management) team to develop strategies and solutions to help the company achieve its financial goals. 

If you are interested in being part of an organization that makes an impact in our customers’ lives where out-of-box thinking is encouraged and rewarded, apply today! 

Responsibilities: 

  • Perform fund research by analyzing fund performance, evaluating fund strategies, maintaining fund mapping models and tools, and supporting ad hoc research such as hedge cost and hedgeability analysis.
  • Support portfolio management and solutions development by researching capital market models and derivative pricing techniques, data mining, and back testing.
  • Analyze capital markets, participate in portfolio management meetings, collect and consolidate market data, develop risk assessment tools, perform system tests and process reviews needed in hedging process in order to provide analytical supports to the PMs (portfolio management)
  • Works with colleagues to monitor and maintain hedge models and hedge programs. 
  • Produce hedge performance reports.
  • Conform with and abides by all regulations, policies, work procedures, instruction and all safety rules.

Qualifications:

  • Currently pursuing a graduate degree, such as actuarial science, finance, risk management, statistics, physics, math, or related field at an accredited college or university; candidates completing their master’s program in or between Fall 2022 and Spring 2023 preferred.
  • Candidates based in the Baltimore, MD region, or willingness to relocate post-graduation, a plus.
  • Internships are not available for students who have completed their college education or who will graduate prior to the conclusion of the internship.
  • Programing skills in VBA, Python, R or similar languages.
  • Quantitative skills in equity, interest rates modeling, derivative pricing and risk management.
  • Demonstrate good understanding of capital market, investment and finance concepts with the ability to creatively apply these concepts in solving complex problems in a business setting.

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.

The hourly rate for this position generally ranges between $17.00-$25.00 an hour for undergraduates and up to $35 an hour for graduate students. This range is an estimate, based on preexisting standards, operational needs and other considerations permitted by law. The range may vary above and below the stated amounts, as permitted by Colorado Equal Pay Transparency Rule 4.1.2.

Working Environment:

  • Flexible work location environment: internship may be remote or office based, dependent on candidate’s location.
  • Fast paced deadline-driven environment.

Company information

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. 

AEGON USA Realty Advisors, LLC, is an Equal Employment Opportunity/ Affirmative Action 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. 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, please contact: applicantsupport@transamerica.com.

Technical Assistance:

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