Aegon Asset Management Senior Risk Analyst in Cedar Rapids, Iowa
Job FamilyFinancial Risk
Job Description SummaryDo you have experience with ALM, Retirement or Annuities business? Are you interested in model validation? If you answered yes, Transamerica has an opportunity for you! We are looking for a senior risk analyst who will support and manage analyses and modeling projects and programs within Risk and ALM areas.Job Description
What You Will Do: As part of Transamerica’s team you will be responsible for validating various complex financial and actuarial models to assist Transamerica in fulfilling its commitment of a lifetime of financial security for our customers and other stakeholders. You will be working in a dynamic organization where innovation is a key requirement.
What You Will Learn: In this role, you will gain exposure to Transamerica’s rich history and culture. You will be working with a team of ambitious and engaged professionals who bring fresh ideas and diverse perspectives to help us continually shake up the status quo and stay on the forefront of reinventing how we meet our business partner’s needs.
What Success Looks Like:
Perform actuarial peer review, testing, and documentation activities on projection, valuation, pricing, experience study, and ALM hedging models.
Support actuarial product line model owner teams, model conversion teams, and Risk Model Validation team to execute first-line model validations and support second-line model validations.
Partner and actively engage with the Actuarial teams to provide model governance/control guidance, support, and best practices.
Partner with Model Planning and Model Change Management Teams to implement actuarial policies and procedures.
Monitors and analyzes developments in actuarial techniques, laws, and regulations applicable to company operations, and competitive developments in the marketplace.
Execute significant and complex data manipulation and complex calculations using macros or other programs and analytical findings.
Must possess excellent 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.
Requires a degree in mathematics, actuarial science, finance, business, or related field with 3 years experience.
Preferred: In-depth experience with Annuity products and/or ALM hedging models.
Preferred: Thorough understanding of relevant industry regulations.
Preferred: Strong mathematical skills and statistical aptitude.
Preferred: Experience on modeling platforms (e.g., ALFA, AXIS, etc.).
Preferred: Strong analytical skills and focus to assess the problem and find a solution.
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; Competitive 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 Opportunity Support, 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: 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.
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 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.
If you experience technical problems during the application process, please email email@example.com.
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.