Transamerica

Manager, Modeling (Hybrid)

Transamerica$136K — $165K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in a technical/quantitative discipline (math, statistics, economics, etc.).
  • Eight years of modeling experience with expert knowledge in insurance liability or asset valuation.
  • Five years of experience in advanced programming.
  • Familiarity with asset liability management practices.
  • Strong understanding of investment and finance concepts.
  • Proven leadership skills for managing teams and projects.

Responsibilities

  • Lead modeling activities for insurance products utilizing advanced financial knowledge.
  • Drive integration of existing toolsets and pipelines into new projects.
  • Collaborate with ALM, Risk Management, Pricing, and Financial Reporting departments.
  • Serve as a recognized expert across multiple specialties within the company.
  • Oversee multiple projects with accountability for objectives and outcomes.
  • Review team members' work, providing guidance and direction.
  • Manage advanced research projects and innovate new analytical solutions.

Benefits

  • Competitive pay and annual bonus eligibility for select roles.
  • Comprehensive benefits including a pension plan and 401k match.
  • Tuition reimbursement and employee stock purchase plans available.
  • Paid time off starting at 160 hours annually with 10 paid holidays.
  • Holistic wellness program with coaching and reward incentives.
Full Job Description

Job Family

Treasury, Capital Management and Asset Liability Management

Job Description Summary

Build 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 onnew and existingproductsusing advanced financial and mathematical knowledge, technological skills, and expert judgement. 

  • Drive integration with existingtoolsets and pipelines.

  • Collaborate with key stakeholders from ALM,RiskManagement,Pricing,andFinancial/RiskReporting,andValuation.

  • Serve as a company-wide expert in multiple specialties.

  • Lead multiple projects, with accountability for ongoing activities andobjectives.

  • Review the work of others, providedirection and guidance. 

  • Manage advanced research projects.

  • Innovate solutions.

  • Championnew 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:

  • Advanceddegree(MSc\PhD)ina 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.

#LI-BD1

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

 

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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