Job FamilyFinancial Risk
Job Description SummaryUnderstand and articulate financial risk challenges and provide solutions to improve the company's risk/return profile.
Job Description Responsibilities- Review, and as necessary, develop quantitative and analytical models to support risk management efforts.
- Work closely with the first line (product and pricing, valuation, reinsurance, and finance teams) to find solutions to identify risks and escalate as needed.
- Help develop and manage the use of risk analysis tools.
- Research issues and identify solutions within the assigned focus area.
- Draw conclusions based on data evaluation; provide detailed reporting.
Qualifications- Bachelor's degree in finance, actuarial, economics, mathematics or other analytical field
- Ten years of experience in risk management, financial management or related specialization. Advanced degree or actuarial, data science or investment certifications may be substituted for up to three years of experience. Knowledge of financial risk and risk analysis tools
- Knowledge of assigned focus area, such as asset liability management, economic framework, derivatives, asset management, etc.
- Strong analytical and data skills
- Ability to understand complex problems and frame appropriate questions
- Ability to present and interact with leadership
- Strong attention to detail and accuracy
Working Conditions - This is a hybrid position requiring three days (Tuesday-Thursday) in office per week in one of our hub locations (Cedar Rapids, Baltimore or Philadelphia)
- Relocation assistance could be provided for this position
CompensationThe salary for this position generally ranges between $164,000 - $215,000 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 of 25% 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.
#LI-HR1This 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
