Transamerica

Director Finance

Transamerica$159K — $211K *
Finance & Insurance
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting or finance, or equivalent experience
  • 12 years of accounting/finance experience including eight years of management experience
  • Extensive knowledge of assigned business area (e.g. investments, premiums, corporate finance)
  • Strong leadership and people management skills
  • Ability to effectively communicate to diverse audiences
  • Organizational and prioritization skills
  • Advanced skills in MS Office, Excel and financial business systems

Responsibilities

  • Oversee quarterly financial reporting and close process for Life product line across multiple frameworks
  • Provide insights into financial performance by identifying key drivers and trends
  • Collaborate with Actuarial, FP&A, Capital Management, and Investments for alignment in financial results
  • Offer Finance leadership on business initiatives and accounting changes
  • Lead and develop a team of finance professionals ensuring effective execution
  • Ensure effective financial reporting processes and act as SOX process owner
  • Drive continuous improvements in reporting, analytics, and processes

Benefits

  • Competitive Pay
  • Bonus for Eligible Employees
  • Pension Plan
  • 401k Match
  • Employee Stock Purchase Plan
  • Tuition Reimbursement
  • Disability Insurance
  • Medical Insurance
  • Dental Insurance
  • Vision Insurance
  • Employee Discounts
  • Career Training & Development Opportunities
  • Paid Time Off starting at 160 hours annually
  • Ten (10) paid holidays per year
  • Holistic wellness program including coaching
  • Fifteen (15) days of paid parental leave
  • Adoption Assistance
  • Employee Assistance Program
  • Back-Up Care Program
  • PTO for Volunteer Hours
  • Employee Matching Gifts Program
  • Inclusion and Diversity Programs
Full Job Description
Job Family
Finance - General

Job Description Summary
Lead the product line reporting function for the Life business, with responsibility for the integrity, analysis, and communication of financial results across applicable accounting and capital reporting frameworks. Provide leadership and insight into business performance, partnering closely with Actuarial, FP&A, Capital Management, Investments, business leaders, and other Finance teams. Lead a team of finance professionals responsible for delivering timely, accurate, and meaningful financial reporting and analysis while supporting evolving enterprise reporting requirements and strategic initiatives.

Job Description

Responsibilities
  • Oversee the quarterly financial reporting and close process for the Life product line across IFRS, U.S. GAAP, and capital reporting frameworks, ensuring timely and accurate delivery of financial results and management reporting.
  • Provide insight into financial performance by identifying and communicating key drivers, trends, risks, and emerging issues to Finance and business leadership.
  • Partner closely with Actuarial, FP&A, Capital Management, Investments, business units, and other Finance teams to ensure alignment and transparency in financial results and analysis.
  • Provide Finance leadership and subject matter expertise for business initiatives, accounting and reporting changes, and other enterprise priorities affecting the Life business.
  • Lead, mentor, and develop a team of finance professionals, establishing priorities, allocating resources, and maintaining effective execution across recurring reporting requirements and strategic initiatives.
  • Maintain effective financial reporting processes and controls, serving as SOX process owner and overseeing the evaluation and resolution of reporting errors and control deficiencies.
  • Drive continuous improvement in reporting, analytics, data, and processes to enhance efficiency, quality, and business insight.


Qualifications
  • Bachelor's degree in accounting or finance, or equivalent experience
  • 12 years of accounting/finance experience including eight years of management experience
  • Extensive knowledge of assigned business area (e.g. investments, premiums, corporate finance)
  • Strong leadership and people management skills
  • Ability to effectively communicate, orally and in writing, to diverse audiences
  • Organizational and prioritization skills
  • Advanced computer skills in MS Office, Excel and financial business systems


Preferred Qualifications
  • CPA and/or advanced degree.
  • Experience within the life insurance or financial services industry.
  • Experience with insurance financial reporting, including IFRS and/or U.S. GAAP.
  • Experience partnering with actuarial and finance functions to analyze financial results and capital performance.


Working Conditions
  • Hybrid (In Office: Tuesdays, Wednesdays, Thursdays)


The Salary for this position generally ranges between $159,000 - $211,000 annually/per hour. 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

About Transamerica

The Transamerica Corporation is an American holding company for various life insurance companies and investment firms operating primarily in the United States, offering life and supplemental health insurance, investments, and retirement services. The company has major offices located in Baltimore, Maryland; Cedar Rapids, Iowa; Denver, Colorado; Norwood, Massachusetts; Exton, Pennsylvania; Harrison, New York; Johns Creek, Georgia; Plano, Texas; and St. Petersburg, Florida. Additional affiliated offices are located throughout the United States. In 1999, it became a subsidiary of Aegon, a European financial services company headquartered in The Hague, Netherlands. Transamerica funds the Transamerica Institute, a nonprofit foundation which comprises the Transamerica Center for Retirement Studies and the Transamerica Center for Health Studies.
Learn more about Transamerica
Industry
Founded
1904

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