Winter 2025

IT Intern – Data Science

Posted on 9/11/2025

American Equity

American Equity

501-1,000 employees

Provides fixed index annuities and income

No salary listed

West Des Moines, IA, USA

In Person

Category
Data & Analytics (3)
, ,
Required Skills
Scikit-learn
Power BI
Python
Data Science
R
Neural Networks
Data Structures & Algorithms
SQL
Machine Learning
Tableau
Pandas
NumPy
Data Analysis
Requirements
  • Actively pursuing a bachelor’s degree in a quantitative field such as statistics, mathematics, computer science, data science OR Graduate degree in a quantitative discipline and demonstrated Data Science skill set.
  • Some experience in writing SQL queries, feature engineering, data analysis, data tools, building prototypes, using and creating algorithms and creating simulations.
  • Some experience using BI tools like Tableau and Power BI.
  • Some experience using statistical computer languages such as Python or R.
  • Some knowledge and experience in statistical and machine learning techniques including GLM/Regression, Random Forest, Boosting, Trees, text mining, social network analysis, etc.
  • Effective verbal and written communication skills.
  • Ability to build strong relationships with internal and external partners.
  • Strong Mathematical skills and attention to detail.
  • Ability to effectively present information and respond to questions.
  • Ability to create and use advanced machine learning algorithms and statistics including regression, classification, anomaly detection, simulation, scenario analysis, modeling, clustering, decision trees, neural networks, etc. on large data sets.
  • Ability to merge and transform disparate internal & external data sets together.
  • Strong organizational and planning skills.
  • Collaborative & team-oriented sharing the responsibility of work and accountability for outcomes with team members; uncovering new perspectives through inclusion.
  • Ability to successfully handle pressure and meet deadlines in a fast-paced work environment.
  • Proficient in the use of Microsoft Office Suite.
Responsibilities
  • Shadows Business Intelligence Developers, Data Analysts, and Data Scientists to learn essential duties and functions of the role.
  • Works within a Center of Excellence (COE) model for supporting business enablement by leveraging company data to drive decisions.
  • Provides advanced analytics across variety of techniques, including data aggregation, statistical modeling, predictive modeling and machine learning.
  • Participates in complex data related analytical projects that drive business decisions and efficiencies.
  • Collaborates with business partners to develop novel ways to meet objectives utilizing data, cutting edge techniques, and tools.
  • Effectively communicates the analytics approach and how it will meet and address objectives to business partners.
  • Ensures adherence to data management and data governance policies and standards.
  • Completes project and support tasks with guidance from mentor and department leader.
  • Collaborates with fellow interns across departments on a strategic, cross-functional initiative that drives meaningful business impact.
  • Performs other related work as assigned.

American Equity Investment Life Holding Company (AEL) builds and sells fixed index annuities (FIAs) and fixed rate annuities aimed at helping people near retirement preserve capital and create a stable income stream. Its FIAs offer a guaranteed minimum interest rate plus an index-linked return tied to an index like the S&P 500, allowing potential growth without direct stock market downside risk. The company earns mainly from the investment spread (the gap between portfolio income and credited interest) and fees from its annuity products. AEL distributes through independent agents, IMOs, banks, and broker-dealers rather than direct-to-consumer channels, giving it broad U.S. reach. In 2024, Brookfield Reinsurance acquired AEL, a move intended to strengthen its capital efficiency and growth path in the competitive insurance market. The overarching goal is to provide secure retirement solutions that protect principal while offering reliable, tax-deferred growth and income for retirees.

Company Size

501-1,000

Company Stage

IPO

Headquarters

West Des Moines, Iowa

Founded

1996

Simplify Jobs

Simplify's Take

What believers are saying

  • FIA sales hit records in 2025 from mass affluent demand and rate stabilization.
  • Brookfield 2024 acquisition integrates with American National for cross-selling.
  • SECURE 2.0 Act 2025 boosts annuities in retirement plans.

What critics are saying

  • Integration with Brookfield erodes FIA share via agent overlap in 12-18 months.
  • FIA concentration squeezes spreads if rates fall in 6-12 months.
  • Name change to American National confuses agents driving to Athene.

What makes American Equity unique

  • AEL specializes in fixed index annuities with principal protection linked to S&P 500.
  • Distributes via 40,000 independent agents, IMOs, banks, broker-dealers.
  • Founded 1995 by David Noble focusing on retirement principal protection.

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Benefits

Hybrid Work Options

Company News

Alacra
Aug 7th, 2025
Brookfield Acquires American Equity Investment Life

Brookfield Wealth Solutions Ltd. completed its acquisition of American Equity Investment Life Holding Company (AEL) and its subsidiaries in Q2 2024. AEL was merged with American National, enhancing its strategic importance. Fitch Ratings considers AEL's subsidiaries crucial, providing a rating uplift. AEL's business profile is driven by its focus on fixed-indexed annuities, though it faces business concentration risks. The report is priced at $300.

The Des Moines Register
Mar 14th, 2025
Five years after COVID's start, Casey's requiring HQ staff to return to office full-time

Last year, American Equity Investment Life Holding Co. announced plans to move its office from West Des Moines to downtown Des Moines and require hundreds of remote workers to return to the office.

Coverager
Dec 4th, 2024
American Equity Receives Financial Strength Rating Upgrade

American Equity <i class="fa fa-info-circle company-popover" data-content="h3American Equity/h3. div. table

Benzinga
Nov 15th, 2024
Area Insurance Professional Receives "Noble Achievement Award"

Springfield, MO November 15, 2024 --(PR.com)-- Neil Bruce Porter Receives Highest Honorary Award from American Equity, a Top Fixed Index Annuity ProviderAmerican Equity Investment Life Insurance Company®, a leading issuer of fixed index and fixed rate annuities, announces Neil Bruce Porter, President, Advisor, and Founder of The Resource Center Inc., in Springfield, Mo., earns one of their most prestigious distinctions: Noble Achievement Award.This award recognizes Porter’s exemplary service and dedication to his clients, and his contributions to the insurance industry and local community. He joins an elite group of American Equity field partners who have received this honor and is among fewer than 20 Noble Achievement Award recipients out of more than 28,000 agents licensed with American Equity.“Congratulations on being recognized with the Noble Achievement Award,” said Jeff Lorenzen, chief executive officer of American Equity. “Your success is a testament not only to your hard work and dedication but also to the exceptional person you are. It’s clear that your character and integrity shine just as brightly as your professional achievements.”Porter is a dedicated family man, having been married for 23 years to the love of his life Deb Gilmore. They are proud parents of four children and grandparents to two wonderful grandchildren. Porter is a well-respected professional with four decades of experience in insurance and financial services

Law360
Sep 10th, 2024
Brighthouse Hits Rival With TM Suit Over 'Shield' Mark

Annuity and life insurance provider Brighthouse Financial on Friday accused competitor American Equity Investment Life Insurance Co. of trademark infringement, claiming in a North Carolina federal court that American Equity is...

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