Sr Risk Analyst; Finance​/Product

Overview

Job Family Financial Risk

About Us

At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential of leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests.

Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment — one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there.

Who We Are

We believe everyone deserves to live their best life. More than a century ago, we were among the first financial services companies in America to serve everyday people from all walks of life.

Today, we’re part of an international holding company, with millions of customers and thousands of employees worldwide. Our insurance, retirement, and investment solutions help people make the most of what’s important to them.

We’re empowered by a vast agent network covering North America, with diversity to match. Together with our nonprofit research institute and foundation, we tune in, step up, and are a force for good — for our customers and the communities where we live, work, and play. United in our purpose, we help people create the financial freedom to live life on their terms.

What We Do

Transamerica is organized into three distinct businesses. These include
1) World Financial Group, including Transamerica Financial Advisors,
2) Protection Solutions and Savings & Investments, comprised of life insurance, annuities, employee benefits, retirement plans, and Transamerica Investment Solutions, and
3) Financial Assets, which includes legacy blocks of long term care, universal life, and variable and fixed annuities. These are supported by Transamerica Corporate, which includes Finance, People and Places, General Counsel, Risk, Internal Audit, Strategy and Development, and Corporate Affairs, which covers Communications, Brand, and Government and Policy Affairs.

Transamerica employs nearly 7,000 people. It’s part of Aegon, an integrated, diversified, international financial services group serving approximately 23.9 million customers worldwide. For more information, visit

Job Description Summary

Leads and manages business analyses and modeling projects and programs within Valuation and ALM areas.

Job Description

Responsibilities

• Provides lead project management support to senior management of Transamerica for large, complex projects, including those managing financial and operational risks.
• Supports VA and RILA quarterly IFRS reporting and commentary.
• Supports research and transition to GAAP valuation reporting.
• Provides analysis of quarterly attribution process on BEL and CSM movements.
• May lead a staff of Risk and actuarial professionals.

Qualifications

• Requires an advanced degree in math, actuarial science, statistics, related science field, finance, or related business field OR Bachelor’s Degree plus FSA/CFA/Equivalent Designation or Bachelor's Degree plus 5 years’ experience.
• Candidates without a designation should be making progress towards an FSA, ASA, FRM, CFA or similar designation.
• Must possess good understanding of investment and finance concepts, and be able to creatively apply them in solving analytical problems in the business setting.
• Must possess excellent communication skills.

Preferred Qualifications

• Should have an excellent understanding of valuation and insurance products.
• Working experience with actuarial modeling software like ALFA (preferred) or GGY AXIS.

Working Conditions

• Hybrid office environment:
  Cedar Rapids, IA or Baltimore, MD

Compensation

• The Salary for this position generally ranges between $92,000 - $100,000 annually. Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.
• Addi…