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Data Science Intern

Data Science Intern
Denver, US
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Job Description

Who We Are**

Transamerica has been helping people feel better about the future for more than 100 years. We provide investment, retirement, and life insurance solutions to more than 11 million customers throughout the U.S. But the way we see it, our responsibility goes beyond our clients’ accounts. We’re in the business of helping people live well and empowering them to create a better tomorrow through the financial and health-related habits they form today. We help people prepare by providing solutions that consider the whole picture.

What We Do

Transamerica is organized by lines of business (Life Insurance, Annuities, Mutual Funds, Retirement Plans, Employee Benefits, and Financial Assets), which are supported by Transamerica Corporate (Corporate Development; Finance; Internal Audit; Legislative, Regulatory & Policy; Office of the CEO; People, Places & Brand; Risk; and Technology).

Job Description Summary

Using data science, machine learning, computer vision, natural language processing, and IoT, Data Science interns will revolutionize the way our customers save, invest, protect, and retire to develop better wellness habits. Interns will work with product managers, data engineers, and other data scientists to develop innovative solutions that transform the way we do business by challenging assumptions and providing constructive criticism and ideas for improvement.

Job Description


  • Design experiments and formulate machine learning problems to address major business challenges and innovation opportunities

  • Discover, collect, cleanse, and refine the data needed for analysis and modeling

  • Analyze large datasets to extract actionable insights and inform experimental design and model development

  • Write lucid, compelling summaries to communicate results of your analysis, model development, and testing which inform how the business should act

  • Build models using a variety of statistical and machine learning techniques, assessing the best type of model for the problem context and using advanced techniques and customizations to optimize model performance

  • Harden models for production deployment and monitor model performance over time

Eligibility / Requirements:

  • Students must be actively pursuing a degree at a college or university and should either have at least one semester remaining prior to the completion of the internship or be currently enrolled.

  • Internships are not available for students who have completed their college education or who will graduate prior to the conclusion of the internship.

  • Applicants must be a US Citizen or permanent resident.

  • Intermediate skills in Python

  • Knowledge of major machine learning algorithms; practical experience with machine learning libraries and platforms (i.e. Scikit-learn)

  • Demonstrated experience working with data at scale in the Hadoop ecosystem and a particular talent for using data to tell a story

  • Solid statistical analysis skills a good understanding of experimental design

  • Excellent analytical and problem-solving skills, great communication skills

  • Passion for learning and keeping pace with the latest advances in data science and machine learning

Preferred Qualifications:

  • Master’s and PhD student studying Computer Science, Machine Learning, Data Science, Math, Statistics

  • Prior relevant internship or full time job experience


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 salary for this position generally ranges between $20-$25 an hour for undergraduates and up to $35 an hour for graduate students. 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.

Working Environment:

  • Hybrid or remote work environment

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)

Inclusion & Diversity

Transamerica has made a strong commitment to inclusion and diversity, and we are proud to be an organization where all perspectives are valued. Transamerica has earned recognition for its strong efforts year-over-year, including from the Human Rights Campaign’s Foundation Corporate Equality Index, the Diversity Best Practices Inclusion Index, and Seramount’s “100 Best Companies” list.

In addition, as part of Transamerica’s commitment to maintaining an inclusive workplace, the company sponsors 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 and provide a supportive environment for raising diversity awareness and promoting inclusive behavior.

Giving Back

Transamerica believes our responsibilities extend beyond our corporate walls. That's why we created the Aegon Transamerica Foundation in 1994. Through a combination of financial grants and the volunteer commitment of our employees, this foundation supports nonprofit organizations focused on the education, health, and well-being of the communities where we live and work.

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