Logo for The Standard

IT Finance Intership

Role overview

Qualifications

  • Enrolled as a full-time student
  • Preferred majors in Accounting, Finance, or related field
  • Strong analytical skills
  • Experience with MSOffice suite

Responsibilities

  • Support monthly close activities
  • Assist with monthly forecasting processes
  • Prepare, analyze, and distribute monthly financial reporting packages
  • Conduct ad hoc financial analysis and IT financial modeling

Key facts

Hard skills

Other skills

  • Analytical Skills
  • Budgeting
  • Forecasting
  • Microsoft Office
  • Microsoft Excel
  • Microsoft Outlook
  • Data Reporting
  • Communication
  • Teamwork
  • Problem Solving

About the company

The Standard logo

The Standard

Financial Services

The Standard is a leading provider of financial products and services, including group and individual disability insurance, group life and accidental death and dismemberment insurance, group dental and vision insurance, group accident, critical illness and hospital indemnity insurance, paid family leave and absence management services, retirement plans services and individual annuities. The Standard’s purpose is to help people achieve financial well-being and peace of mind. To accomplish this, we put customers, employees and our communities at the heart of everything we do. Caring about people is a core value at The Standard. In our business, that means focusing on offering products and services to best meet the diverse needs of our customers. In our workplace, that means creating a welcoming environment where everyone can bring their authentic selves to work, reach their full potential and be there for those who rely on us. In our communities, that means donating time, money and expertise to organizations providing community-focused and culturally appropriate services. We’re proud to be recognized as a best place to work for disability inclusion, a top workplace for LGBTQ equality and a supporter of CEO Action for Diversity & Inclusion.

Company details

IndustryFinancial Services
Company size1001 - 5000

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Job description

The next part of your journey is right around the corner — with The Standard.

A genuine desire to make a difference in the lives of others is the foundation for everything we do. With a customer-first mindset and an intentional focus on building strong teams, we’ve been able to uphold our legacy of financial stability while investing in new, innovative technologies that support the needs of our customers. Our high-performance culture focused on operational excellence thrives thanks to remarkable people united by compassion and a customer-first commitment. Are you ready to make a difference?

Job Summary:

The Intern position within the IT Finance department of The Standard could include a wide range of duties and activities depending on the specific needs of the IT organization during the Internship timeline. The goal of an internship is to apply knowledge acquired in the classroom to real-world situations, as well as gain the skills and experience that is necessary to prepare the student for a successful career in Corporate Financial Planning and Analysis.


Key Responsibilities Include:

  • Support monthly close activities, including accrual preparation, financial reconciliations, and actual-to-forecast variance analysis.
  • Assist with monthly forecasting processes, including forecast preparation and Apptio forecast submissions. 
  • Prepare, analyze, and distribute monthly financial reporting packages and management reports. 
  • Conduct ad hoc financial analysis, research, and IT financial modeling to support business decision-making. 
  • Review IT contracts and perform financial research to evaluate accounting and budgetary impacts.
  • Contribute to process documentation and improvement initiatives while gaining exposure to executive leadership and strategic business discussions.

During the duration of the internship the candidate will be assigned to one manager to oversee their day-to-day work, however, there may be opportunities to work with several different teams in the division. The work will be conducted in an all-virtual remote environment.   


Qualifications: 

  • Applicants must be enrolled as full-time students for the duration of the internship. Rising sophomores, juniors, seniors and students pursuing advanced degrees are welcome to apply.
  • Sponsorship is not available for this internship opportunity.
  • Preferred majors in Accounting, Finance, or related field
  • Strong analytical skills as demonstrated by previous work experience, and/or course of study. 
  • Experience working with MSOffice suite including Excel, Teams, Outlook. Experience in AI tools preferred. 
  • Interest, exposure, or experience in IT financial management practices, including budgeting, forecasting, cost allocations, operational performance analysis, and data reporting; experience with data integration and Power BI is a plus.

Benefits: 

  • Up to three days of paid time off, plus paid holidays 
  • Scheduled events to network with your team and interns across the company.  E.g.: Coffee with the CEO, careers workshop, etc.
  • Interns are provided with all necessary equipment (i.e., laptop, monitor) needed to work from home and will attend the company’s virtual First Day Orientation to gain a deeper understanding of the company. 

Compensation:

  • Individual pay rates will be determined based upon current student status (i.e. Sophomore, Junior, Senior)

Key Behaviors of a Successful Candidate:

Driving Success: Takes action, initiates activity, pursues ambitious goals with persistence and shows resilience in the face of obstacles and setbacks. Self-directed and capable of managing collaboratively without formal authority to achieve results through others.

Improvement Mindset: Continually seek new ways to apply digital and non-digital solutions to drive innovation, efficiency, effectiveness and transformation to create business/customer value.

Winning Together: Actively engages colleagues to achieve shared outcomes by developing trust, understanding diverse perspectives and pushing to examine and challenge ideas.

Effective Communicator: Instill confidence with internal and external audiences and translate complex concepts to non-technical stakeholders to help enable understanding and drive informed business decisions. Express ideas clearly and persuasively in oral, written, and presentation forms.


#LI-DNI

Why Join The Standard?

We have built an enduring legacy of stability, financial strength and exceptional customer service through the contributions of the service-oriented people who choose to work at The Standard. To ensure we can attract and retain the best talent, when you join The Standard you can expect:

  • Real-world experiences and meaningful projects that support your career goals provided by a supportive and responsive management team eager to help with skills development

  • Opportunities to build relationships and broaden industry knowledge through virtual networking with leaders and team members across the company

  • Three days of paid time off and paid company holidays during your internship period

  • A virtual first day orientation and the equipment necessary (e.g., laptop, monitors, headset) for a successful internship experience

Salary Range:

XXX

Positions will be posted for at least 5 days from original posting date.

Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Mortgage Investors, LLC, StanCorp Investment Advisers, Inc., and American Heritage Life Insurance Company and American Heritage Service Company, marketed as The Standard, are Affirmative Action/Equal Opportunity employers. All qualified applicants will receive consideration for employment without regard to race, religion, color, sex, national origin, gender identity, sexual orientation, age, disability or veteran status or any other condition protected by federal, state or local law. Except where precluded by state or federal law, The Standard will consider for employment qualified applicants with arrest and conviction records pursuant to the San Francisco Fair Chance Ordinance. The Standard offers a drug- and alcohol-free work environment where possession, manufacture, transfer, offer, use of or being impaired by an illegal substance while on The Standard's property, or in other cases which the company believes might affect operations, safety or reputation of the company is prohibited. The Standard requires a criminal background investigation and employment, education and licensing verification as a condition of employment. After any conditional offer of employment is made, the background check will include an individualized assessment based on the applicant’s specific record and the duties and requirements of the specific job. Applicants will be provided an opportunity to explain and correct background information. All employees of The Standard must be bondable.

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MR

Marcus Rivera

Chief Revenue Officer

m.rivera@company.com
linkedin.com/in/marcusrivera
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