Senior Analytical Reporting Analyst - ALM & Investment Risk (Hybrid)

Job Family

Treasury, Capital Management and Asset Liability Management

Job Description Summary

As our Senior Analytical Reporting Analyst – ALM & Investment Risk you will be responsible for ALM and investment operations, production, and reporting within a disciplined controls environment. Produce model inputs and perform business analysis to deliver key performance indicators and ensure efficient operations, including the creation of asset inventories, economic assumptions, and both business unit and enterprise-wide ALM investment and risk reporting packages. Provide timely, quality resolution of inquiries and ad hoc requests.

Job Description

Responsibilities

• Run business processes, and manage phases of projects that directly impact Transamerica financials.

• Support enterprise-wide market risk sensitivity calculation and QoQ change attribution as well as stress scenario to access investment portfolio risks and asset liability mismatch risks.

• Assess general account portfolio performance attribution vs. benchmark, as well as associated impact with derivatives programs.

• Support the annual setting of economic assumptions by working cohesively with members of Life, Health, Annuity, and Risk areas.

• Engage in annual discussions regarding economic assumption changes and facilitate the creation of model files that reflect the updated assumptions.

• Collaborate with actuarial peer teams and provide considerations on the development of asset-related code updates in MoSes and MG_ALFA models, and execute asset-only user testing of the updates.

• Assist customers in explanation of model results attribution and reconciliation.

• Complete required change management documentation each quarter for assumption and/or system updates.

• Resolve potential issues; escalate as appropriate. Improve processes to increase reliability and accuracy of results

• Assist audit partners by providing requested documentation and information as needed.

• Maintain professional and technical knowledge; attend educational workshops, review professional publications, establish personal networks, and participate in professional societies.

• Mentor more junior staff as needed.

Qualifications

• Bachelor’s degree in math, actuarial science, statistics, related science field, finance, or related business field.

• Three years of related experience (or one with Master’s degree)

• Expert level process knowledge in two or more of the following areas:

- Insurance liability, asset valuation, derivatives modeling, liquidity management, machine learning, artificial intelligence

- Good understanding of investment and finance concepts, and be able to creatively apply them in solving analytical problems in the business setting

Preferred Qualifications:

• Experience working with asset liability management and/or investment portfolio management processes in insurance or banking

• Understanding of actuarial and accounting, such as STAT and GAAP

• Prior experience with calculating and analyzing market risk sensitivities, such as interest rates and equity price shocks, and derivatives hedging and Greeks

• Strong knowledge working with large amount of data and relevant SQL and Python skills

Working Conditions

• Hybrid (Tuesdays, Wednesdays & Thursdays in the office)

The Salary for this position generally ranges between $97,000 - $110,000 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.

Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion.

Disclaimer:
Beware of fake job offers!

We’ve been alerted to scammers impersonating Transamerica recruiters, particularly for remote positions. Please note:

• We will never request personal information such as ID or payment for equipment upfront.

• Official offers are sent via DocuSign following a verbal offer—not through text or email.

This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.

What We Offer  

 

For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees. 

 

Compensation Benefits 

• Competitive Pay 

• Bonus for Eligible Employees 

 

Benefits Package 

• Pension Plan 

• 401k Match

• Employee Stock Purchase Plan

• Tuition Reimbursement

• Disability Insurance

• Medical Insurance

• Dental Insurance

• Vision Insurance

• Employee Discounts

• Career Training & Development Opportunities

 

Health and Work/Life Balance Benefits 

• Paid Time Off starting at 160 hours annually for employees in their first year of service.

• Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).

• Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars 

• Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.

• Adoption Assistance

• Employee Assistance Program

• Back-Up Care Program

• PTO for Volunteer Hours

• Employee Matching Gifts Program

• Employee Resource Groups

• Inclusion and Diversity Programs

• Employee Recognition Program

• Referral Bonus Programs

 

Inclusion & Diversity  

  

We believe our commitment to diversity and inclusion creates a work environment filled with exceptional individuals. We’re thrilled to have been recognized for our efforts through the Human Rights Campaign Corporate Equality Index, Dave Thomas Adoption Friendly Advocate, and several Seramount lists, including the Inclusion Index, 100 Best Companies for Working Parents, Best Companies for Dads, and Top 75 Companies for Executive Women. 

  

To foster a culture of inclusivity throughout our workforce, workplace, and marketplace, Transamerica offers a wide range of diversity and inclusion programs. This includes our company-sponsored, employee-driven Employee Resource Groups (ERGs), which are formed around a shared interest or a common characteristic of diversity. ERGs are open to all employees. They provide a supportive environment to help us better appreciate our similarities and differences and understand how they benefit us all. 

   

Giving Back  

  

We believe our responsibilities extend beyond our corporate walls. That's why we created theAegon Transamerica Foundation in 1994. Through a mix of financial grants and the volunteer efforts of our employees, the foundation supports nonprofit organizations focused on the things that matter most to our people in the communities where we live and work.     

  

Transamerica’s Parent Company  

 

Aegon acquired the Transamerica business in 1999. Since its start in 1844, Aegon has  grown into an international company serving more than 23.9 million people across the globe.* It offers investment, protection, and retirement solutions, always with a clear purpose:Helping people live their best lives.As a leading global investor and employer, the company seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion and diversity.   

* As of December 31, 2023