Aegon Asset Management Analytical Reporting Analyst in Cedar Rapids, Iowa
Job FamilyTreasury, Capital Management and Asset Liability Management
Job Description SummaryTransamerica has been helping people feel better about the future for more than 100 years, and we’re proud of the trust we’ve earned. But we believe our responsibility goes beyond insurance, investments, and retirement accounts. We’re also in the business of helping people improve their financial and personal well-being, so they can add more years to their lives, and more life to their years. Are you looking to gain experience in derivatives settlements? Are you interested in managing asset models? Do you want to analyze reporting? If you answered yes, Transamerica has a position for you!Job Description
Manage ALM Hedging 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.\
What You Will Do:
Run business processes and drive phases of projects that directly impact Transamerica financials
Responsible for the derivatives settlements and OTC collateral management
Affirm / confirm settlements for executed deals with the various counterparties
Transmit cash instructions to custodians, administrators and other relevant third parties
Liaison with custodians, administrators, counterparties, Middle Office and Trade team, Legal Documentation teams to resolve affirmation/confirmation discrepancies and/or settlement failures
Provides analytical support to Management. Requires decision-making on development, presentation, and interpretation of various ALM reports.
Support liquidity and collateral related analytics, including cash and yield allocation.
Provide timely, quality resolution of inquiries and ad hoc requests. Ensure timely, quality resolution of cash and liquidity analysis.
Aggressively embrace new technologies to improve current workflows.
Assist audit and risk partners by providing requested documentation and information, as needed.
Work closely with cross functional partners to ensure collaboration and process efficiencies are maintained
Resolve potential issues; escalate as appropriate.
What You Will Need:
Bachelor's degree in finance or related business field, math, statistics, actuarial science, or related science field
Academic or other exposure in one 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 in solving analytical problems in the business setting
Preferred: Experience working with asset liability management processes in insurance or banking
Preferred: Understanding of actuarial and accounting
What You Receive:
A Comprehensive Wealth + Health package. It’s our passion to empower people, and especially our employees, to add years to their lives and more life to their years. That means a healthy account balance and a healthy body to match. As you’ll come to discover, Wealth + Health is a central part of everything we do!
Wealth Benefits; Pay, Bonus, and Benefits Package; Pension Plan, 401k Match, Employee Stock Purchase Plan, Tuition Reimbursement, Disability Insurance, Stock Purchase Plan, Employee Discounts, Career Training & Development Opportunities, Certification Sponsorship
Health and Work/Life Balance Benefits; Be Well Company sponsored holistic wellness program which includes Wellness Coaching and reward dollars, Parental Leave, Adoption Assistance, Employee Assistance Program, College Coach Program, Back-up Care Program, Paid Time Off to Volunteer, Employee Matching Gifts Program, Employee Resource Groups, Inclusion and Diversity Programs, Employee Recognition Program
Our 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.
Why Work for Us
Total Rewards at Transamerica: It’s more than a paycheck.
Our comprehensive Total Rewards package is designed to help support you in many ways — throughout all stages of your life and career. We provide a competitive, market-driven program that encompasses base compensation, bonus potential, retirement, health and wellness benefits, learning and development opportunities, plus great employee perks. All designed with you in mind… to help you live your best life, grow personally and professionally - and feel valued for the work you do.
Learn more about our Total Rewards Package (https://www.transamerica.com/individual/about-us/careers/benefits/) .
Equal Opportunity Employer:
Transamerica Life Insurance Company is an Equal Employment Opportunity employer and does not discriminate against any applicant or employee because of age, religion, sex, gender identity, genetic information, race, color, national origin, pregnancy, sexual orientation, marital status, participation in the uniformed services (e.g. U.S. Armed Forces, National Guard), physical or mental disability, or any other status protected by federal, state, or local equal employment opportunities laws.
Applicants with physical or mental disabilities may be entitled to a form of reasonable accommodation under the Americans with Disabilities Act and certain state and local laws. A reasonable accommodation is a change in the way things are normally done which will insure equal employment opportunity without imposing undue hardship on the Transamerica Companies. Please contact: firstname.lastname@example.org if you are a job seeker with a disability, or are assisting someone with a disability, and require assistance to apply for one of our jobs.
Our Company is committed to providing accessibility to those with disabilities in a manner that is consistent with the principles of independence, dignity, integration and equality of opportunity, that is in compliance with the Accessibility for Ontarians with Disabilities Act 2005 ("AODA"). Please contact email@example.com if you are a job seeker with a disability, or are assisting someone with a disability, and require assistance to apply for one of our jobs.
If you experience technical problems during the application process, please email firstname.lastname@example.org.
At Transamerica, hard work, innovative thinking and personal accountability are qualities that we honor and reward. We understand the potential that is 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 focused on helping customers secure their long-term financial futures.
Transamerica is a part of AEGON, an international life insurance, pension, and asset management company. The AEGON companies employ approximately 28,000 people and have a strong presence in more than 20 countries across the globe. For more information, visit www.transamerica.com.