Summer 2027

Internal Audit & Advisory Intern

Updated on 9/10/2026

Venerable

Venerable

201-500 employees

Manages legacy variable annuity insurance portfolio

No salary listed

No H1B Sponsorship

West Chester, PA, USA

Hybrid

Hybrid in-office schedule required at the West Chester, Pennsylvania office; housing assistance is not provided.

Bachelor's

Category
Risk & Compliance (1)
Required Skills
LLM
Power BI
Python
Data Visualization
Data Analysis
Excel/Numbers/Sheets

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Requirements
  • Student applicants must be pursuing a college degree in Business, Entrepreneurship, Computer Science, or a related background.
  • Students must be available to work the required hybrid in-office schedule at the West Chester, Pennsylvania office.
  • Applicants must not require sponsorship for legal United States work authorization now or at any point in the future post-graduation.
Responsibilities
  • Perform guided internal control testing and assess exceptions.
  • Use data analysis tools to summarize data extracts, organize data at varying levels, and interpret data trends for collaborative audit and risk-function tests.
  • Use data visualization tools to build reports and interactive tools for understanding market risks in variable annuity products and the capital-market derivatives used to hedge those risks.
  • Develop and present memorandums summarizing analysis and results for audiences including the Head of Internal Audit & Advisory.
  • Build and maintain process documentation.
  • Assist with quantitative analysis, audit projects, process improvement, and analytics.
  • Build an understanding of Venerable’s primary risk drivers and controls.
  • Gain an understanding of the financial and insurance industry.
Desired Qualifications
  • Curiosity about data and data outcomes, willingness to improve technical and enterprise-tool skills, personal initiative, and investment in communication skills.
  • Curiosity and comfort working in a complex and technical environment.
  • Strong verbal and written communication skills and technical skills, including advanced Excel functions and use of the enterprise Large Language Model for analytical outcomes.
  • Exposure to programming languages such as Python.
  • Understanding of or experience with data and database concepts, data relationships, and data-reporting visualization.
  • Knowledge of cloud services.
  • Exposure to Microsoft Power BI.
  • Prior internship or co-op experience.

Venerable focuses on owning and managing legacy variable annuity businesses acquired from other entities. The company administers and optimizes these legacy annuity contracts, leveraging a growth-by-acquisition strategy funded by patient, long-term capital from top-tier investors. Unlike many peers, Venerable combines the nimbleness of a smaller firm with the depth and stability of backers such as Apollo Global Management, Crestview Partners, Reverence Capital Partners, and Athene Holdings, Ltd., aiming to expand its legacy book while maintaining a strong, collaborative corporate culture. The overarching goal is to grow and optimize the existing variable annuity portfolio through disciplined acquisitions and targeted management, supported by experienced leadership and long-horizon investors.

Company Size

201-500

Company Stage

N/A

Total Funding

N/A

Headquarters

West Chester, Pennsylvania

Founded

2018

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Simplify Jobs

Simplify's Take

What believers are saying

  • January 2026 closure added 53 employees and expanded offices in Houston and New York.
  • SAAMCo acquisition more than tripled affiliated AUM to roughly $52 billion.
  • Guardian's 2026 deal extends Venerable's advisory platform beyond runoff into new managed assets.

What critics are saying

  • Late-2026 Guardian approval failure would stall growth and expose integration costs.
  • Variable annuity runoff remains concentrated; Corebridge dependence leaves Venerable vulnerable to one counterparty.
  • If asset transitions slip or markets weaken, fee growth and scale benefits evaporate quickly.

What makes Venerable unique

  • Venerable now controls $118 billion risk-managed assets after Corebridge and SAAMCo integration, January 2026.
  • Its variable annuity specialization gives insurers a turnkey runoff and asset-management partner.
  • The Guardian $4.5 billion transition shows a platform built for complex insurance asset migrations.

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Benefits

Hybrid Work Options

Commuter Benefits

Growth & Insights and Company News

Headcount

6 month growth

5%

1 year growth

5%

2 year growth

5%
Intelligence360 News
May 20th, 2024
Venerable Has Signed An Office Lease For 11,000 Sq Ft To Expand In New York City.

Venerable has signed an office lease for 11,000 Sq Ft to expand in New York City. Venerable has signed an office lease for 11,000 Sq Ft to expand in New York City.New York, New York — According to state and local development sources, Venerable plans to build out 11,000 square feet of new space in New York. The company plans to occupy the new space at 285 Fulton St in New York, on or about December 1, 2024. According to the company website Venerable is a privately held company with business operations based in West Chester, Pennsylvania and Des Moines, Iowa. Venerable owns and manages legacy variable annuity business acquired from other entities. Created by an investor group led by affiliates of Apollo Global Management, LLC, Crestview Partners, Reverence Capital Partners, and Athene Holdings, Ltd., Venerable is a business with well-established, strategic investors, experienced in successfully building and growing insurance businesses with patient, long-term capital