Corporate Finance & Accounting, IT Finance Strategic Initiatives Internship

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Portland, OR, USA
In-Office
Fintech • Insurance
The Role

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?

This internship opportunity is part of the IT Finance Strategic Initiatives team supporting the recent acquisition of American Health from Allstate. Using the complex financial structure of the American Health (AH) IT you will help establish a streamlined, consistent and repeatable process that is scalable across all of IT Finance and Analytics, supported by a standardized budgeting and forecasting template that bridges reporting actuals from Workday and forecasting uploads into Apptio. Additional opportunity to build a standardized, repeatable reporting and forecasting process for Azure Cloud for American Health IT spend if internship time allows.  

Your Responsibilities

  • Support the monthly actuals review, reconciliation and full year forecast for the American Health IT financials through various, large data extracts from core financial systems (Workday, Apptio)
  • Operationalize loading and reviewing of forecasting, budget, and actuals data in Apptio IT Planning
  • Develop a standardized reporting and forecasting template, with integrated load file, optimized for both finance and non-finance end users
  • Ensure scalability of new reporting and forecasting template through tight partnership with the broader IT Finance and Analytics team
  • Establish and document a process, in partnership with the TBM Analytics team, to validate financials from Workday tie to Apptio for AH Financials
  • Opportunity for secondary deliverable to develop forecasting process for Azure cloud spend if time allows

Qualifications

  • Undergrad or graduate student studying in the areas of Finance, Accounting or Economics.
  • Experience and/or exposure IT financial management practices such as budgeting, forecasting, cost allocations, and operational performance analysis
  • Advanced level proficiency in Excel required, data integration and Power BI experience a plus
  • Strong project ownership and organizational skills: self-directed and capable of managing collaboratively without formal authority to achieve results through others; express ideas clearly and persuasively in oral, written, and presentation forms

Competencies You Possess

  • Driving Success: Takes action, initiates activity, pursues ambitious goals with persistence and shows resilience in the face of obstacles and setbacks
  • 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 constructively challenging 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

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:

Comp Range $20.50 - $23.75 depending on years completed

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.

The Standard Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about The Standard and has not been reviewed or approved by The Standard.

  • Retirement Support — The 401(k) match and profit sharing are highlighted as strong components of total rewards. The retirement plan is often regarded as a standout element.
  • Leave & Time Off Breadth — Generous PTO, 11 holidays, wellness days, and paid volunteer time provide meaningful time off. These programs are portrayed as supportive of work-life balance.
  • Parental & Family Support — Paid parental leave, adoption/surrogacy assistance, dependent-care support, and backup childcare are available. These family-oriented benefits add meaningful value to the package.

The Standard Insights

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The Company
HQ: Portland, OR
3,557 Employees

What We Do

StanCorp Financial Group, Inc., through its subsidiaries marketed as The Standard -- Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, StanCorp Mortgage Investors, StanCorp Investment Advisers, StanCorp Real Estate and StanCorp Equities -- is a leading provider of financial products and services. StanCorp's subsidiaries serve approximately 7.5 million customers nationwide as of June 30, 2011, with group and individual disability insurance, group life and accidental death and dismemberment insurance, group dental and group vision insurance, absence management services, retirement plans products and services, individual annuities and investment advice. The Standard is a marketing name for StanCorp Financial Group, INC. and its subsidiaries. Insurance products are offered by Standard Insurance Company of Portland, Ore. in all states except New York, where insurance products are offered by The Standard Life Insurance Company of New York of White Plains, N.Y. Product features and availability by state and company, and are solely the responsibility of each subsidiary.

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