Treasury, Capital Management And Asset Liability Management
Provide analytical support to 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 reinvestment strategies. Provide timely, quality resolution of inquiries and ad hoc requests.
Responsibilities :
- Run business processes that directly impact Transamerica financials.
- Support quarterly IFRS, Financial Plan / Capital Reforecast, Principles Based Reserves, and C3P1 models, as well as annual Medium Term Plan, and Cash Flow Testing models.
- 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.
- Provide AXIS format asset inventory, economic assumption, and investment input files to support Asset and Liability Management analysis on a regular basis.
- Collaborate with more senior analysts on the development of asset-related code updates in AXIS models, and execute asset-only user testing of the updates.
- Assist customers in explanation of model results attribution and reconciliation.
- Provide support and input required for change management documentation each quarter for assumption and / or system updates.
- Resolve potential issues; escalate as appropriate.
Qualifications :
Bachelor's degree in math, actuarial science, statistics, related science field, finance, or related business fieldAcademic or other exposure in one or more of the following areas : Insurance liability, asset valuation, derivatives modeling, liquidity management, machine learning, artificial intelligenceGood understanding of investment and finance concepts, and be able to creatively apply in solving analytical problems in the business settingPreferred Qualifications :
Ability to use code (Python, VBA) to help automate tasks and increase efficiencyProficiency with Microsoft ExcelExperience using modeling systems, particularly AXISExperience working with asset liability management processes in insurance or bankingUnderstanding of actuarial and accountingWorking Conditions :
Hybrid office environment : Cedar Rapids, IA or Baltimore, MDCompensation :
The Salary for this position generally ranges between $65,500 - $78,000 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.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 PayBonus for Eligible EmployeesBenefits Package :
Pension Plan401k MatchEmployee Stock Purchase PlanTuition ReimbursementDisability InsuranceMedical InsuranceDental InsuranceVision InsuranceEmployee DiscountsCareer Training & Development OpportunitiesHealth 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 AssistanceEmployee Assistance ProgramCollege Coach ProgramBack-Up Care ProgramPTO for Volunteer HoursEmployee Matching Gifts ProgramEmployee Resource GroupsInclusion and Diversity ProgramsEmployee Recognition ProgramReferral Bonus ProgramsInclusion & 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 the Aegon 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.