Job FamilyTreasury, Capital Management and Asset Liability Management
Job Description SummaryBuild and analyze sophisticated models for insurance products using advanced knowledge of math and finance in support of ALM Portfolio goals.
Job Description Responsibilities:- Lead modeling activities on new and existing products using advanced financial and mathematical knowledge, technological skills, and expert judgement.
- Drive integration with existing toolsets and pipelines.
- Collaborate with key stakeholders from ALM, Risk Management, Pricing, and Financial/Risk Reporting, and Valuation.
- Serve as a company-wide expert in multiple specialties.
- Lead multiple projects, with accountability for ongoing activities and objectives.
- Review the work of others, provide direction and guidance.
- Manage advanced research projects.
- Innovate solutions.
- Champion new technologies.
Qualifications:- Bachelor's degree in a technical/quantitative discipline such as statistics, math, actuarial science, computer science, economics, engineering, or a related business field such as finance
- Eight years of modeling experience (or six with Master's degree) with expert knowledge in two or more products such as insurance liability, asset valuation, derivatives modeling, liquidity management, machine learning, or artificial intelligence
- Five years of experience in advanced programming
- Familiarity with asset liability management practices
- Good understanding of investment and finance concepts to creatively solve analytical problems
- Leadership skills to manage teams and projects
Preferred Qualifications:
- Advanced degree (MSc/PhD) in a quantitative field
- Asset/derivatives modeling experience
- Math/Finance background
- Good programming skills (C++/Python)
Working Conditions:- Hybrid office environment: 3 days in office (Philadelphia/Baltimore/Cedar Rapids)
Compensation:- The Salary for this position generally ranges between $136,000 - $165,000 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.
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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.
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.
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
