Job Description Summary

Job Description

Applicants must possess legal authorization to work for our company in the U.S. without the need for immigration sponsorship or otherwise serving as an employer of record for immigration employment purposes. At this time, this role is not eligible for immigration-related employment authorization sponsorship.

Responsibilities:

• Run business processes, and manage phases of projects that directly impact Transamerica financials.

• Support enterprise-wide market risk sensitivity calculation and QoQ change attribution as well as stress scenario to access investment portfolio risks and asset liability mismatch risks.

• Assess general account portfolio performance attribution vs. benchmark, as well as associated impact with derivatives programs.

• Support the annual setting of economic assumptions by working cohesively with members of Life, Health, Annuity, and Risk areas.

• Engage in annual discussions regarding economic assumption changes and facilitate the creation of model files that reflect the updated assumptions.

• Collaborate with actuarial peer teams and provide considerations on the development of asset-related code updates in MoSes and MG_ALFA models, and execute asset-only user testing of the updates.

• Assist customers in explanation of model results attribution and reconciliation.

• Complete required change management documentation each quarter for assumption and/or system updates.

• Resolve potential issues; escalate as appropriate. Improve processes to increase reliability and accuracy of results

• Assist audit partners by providing requested documentation and information as needed.

• Maintain professional and technical knowledge; attend educational workshops, review professional publications, establish personal networks, and participate in professional societies.

• Mentor more junior staff as needed.

Qualifications:

• Bachelor’s degree in math, actuarial science, statistics, related science field, finance, or related business field.

• Three years of related experience (or one with Master’s degree)

• Expert level process knowledge in two 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 them in solving analytical problems in the business setting

Preferred Qualifications:

• Experience working with asset liability management and/or investment portfolio management processes in insurance or banking

• Understanding of actuarial and accounting, such as STAT and GAAP

• Prior experience with calculating and analyzing market risk sensitivities, such as interest rates and equity price shocks, and derivatives hedging and Greeks

• Strong knowledge working with large amount of data and relevant SQL and Python skills

• Expert-level proficiency in Power BI, including advanced DAX, Power Query, semantic data modeling, dashboard optimization, and Power BI Service.

• Strong SQL skills and experience integrating data from multiple enterprise systems.

• Demonstrated ability to design scalable, user-friendly dashboards that support executive decision-making.

• Working knowledge of investment or asset data, with the ability to understand portfolio holdings, security-level data, and key financial metrics. Prior experience with insurance, asset management, or investment reporting is preferred.

Working Conditions:

• Hybrid (Tuesdays, Wednesdays & Thursdays in the office)

• Location: Baltimore, MD or Cedar Rapids, IA

Compensation:

The Salary for this position generally ranges between$97,000 - $110,000 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.

Disclaimer:
Beware of fake job offers!

We’ve been alerted to scammers impersonating Transamerica recruiters, particularly for remote positions. Please note:

• We willnever request personal information such as ID or payment for equipment upfront.

• Official offers are sent viaDocuSign 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