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- As of December 31, 2022
Intermediate Analytical Reporting Analyst - Baltimore, United States - Aegon
Description
Job FamilyTreasury, Capital Management and Asset Liability ManagementAbout Us
At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential unleashed by 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.
Transamerica has been making financial services available to the many, not just the few, for more than 100 years. We're a leading provider of life insurance, retirement, and investment solutions, serving millions of customers throughout the United States. Transamerica's dedicated professionals focus on helping people live their best lives through saving, investing, and protecting their loved ones.
Transamerica is dedicated to building America's leading middle market life insurance and retirement company, providing a broad range of quality individual life insurance policies, workplace supplemental insurance benefits, workplace retirement plans, individual retirement accounts, and investment products, including mutual funds, annuities, stable value solutions, as well as investment management services.
What We Do
Transamerica is organized by lines of business (Life Insurance, Annuities, Mutual Funds, Retirement Plans, and Employee Benefits), which are supported by Transamerica Corporate (Corporate Development; Finance; Internal Audit; Legislative, Regulatory & Policy; Office of the CEO; People and Places; Brand; Corporate Affairs; Risk; and Technology).
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.Job Description
ResponsibilitiesRun business processes, and manage phases of projects that directly impact Transamerica financials.
Support quarterly Statutory/IFRS/DAC/Unlocking/Loss Recognition, 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.
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.
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.
Improve processes to increase reliability and accuracy of results.
Qualifications
Bachelor's degree in math, actuarial science, statistics, related science field, finance, or related business fieldTwo years of related experience (or some exposure with Master's degree)
Strong knowledge 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 them in solving analytical problems in the business settingPreferred Qualifications
Experience working with asset liability management processes in insurance or bankingUnderstanding of actuarial and accountingWorking Conditions
Hybrid:
employees will need to work at a Company office location at times and a remote work location (typically their home) at times.
LocationBaltimore, MDCedar Rapids, IAOur commitment to inclusion & diversity means that we value differences. We encourage the unique perspectives of persons and are dedicated to creating a respectful and inclusive work environment.
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.
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 DollarsParental 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 ProgramsPeer Recognition Program (BRAVO)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 BackWe 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 CompanyAegon acquired the Transamerica business in 1999.
Since its start in 1844, Aegon has grown into an international company serving more than 29.5 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.