Analytical Reporting Analyst

Job Family

Treasury, Capital Management and Asset Liability Management

About Us

At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential unleashed by leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests.

Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment - one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there.

Transamerica is a part of Aegon, an integrated, diversified, international financial services group. The Aegon companies employ over 21,500 people and have approximately 31.7 million customers.* For more information, visit www.transamerica.com.

Who We Are

Transamerica has been making financial services available to the many, not just the few, for more than 100 years. We're a leading provider of life insurance, retirement, and investment solutions, serving millions of customers throughout the United States. Transamerica's dedicated professionals focus on helping people live their best lives through saving, investing, and protecting their loved ones. Transamerica is dedicated to building America's leading middle market life insurance and retirement company, providing a broad range of quality individual life insurance policies, workplace supplemental insurance benefits, workplace retirement plans, individual retirement accounts, and investment products, including mutual funds, annuities, stable value solutions, as well as investment management services.

What We Do

Transamerica is organized by lines of business (Life Insurance, Annuities, Mutual Funds, Retirement Plans, and Employee Benefits), which are supported by Transamerica Corporate (Corporate Development; Finance; Internal Audit; Legislative, Regulatory & Policy; Office of the CEO; People and Places; Brand; Corporate Affairs; Risk; and Technology).

Job Description Summary

Manages and monitors daily cash management transactions, performs cash attributions, ensures liquidity, and prepares cash flow projections. Additional responsibilities include assisting in the development of cash buffer, determination of short-term cash to be invested, and anticipation of management action need to be taken. Responsible for collateral and liquidity management, including perform the asset and liquidity cash flow model run for different scenarios and conduct the weekly and monthly reports

Job Description

Responsibilities:

• Performs daily corporate cash management and forecasting activities.
• Produces the daily cash dashboards to show liquidity risk exposures, monitors and manages company's daily cash position.
• Determines daily excess cash balances available for general account investment and communicates with portfolio management team.
• Forecasts cash and liquidity buffer due to market volatility and operational cash flow volatility.
• Maintains cash analytical systems, performed the cash attribution analysis, and coordinate with other teams and users on those systems.
• Interfaces with accounting for general ledger upload, and cash analytical system reconciliation.
• Recommends and implements improvements to current cash management processes.
• Performs different collateral programs stress testing and prepare the monthly collateral reports.
• Supports liquidity and collateral related analytics, including produce cash flow projections for liability products, derivatives, fixed income, mortgage loans and structured asset based on multiple stress scenarios.
• Provides timely, quality resolution of inquiries and ad hoc requests. Ensure timely, quality resolution of cash, liquidity, and collateral analysis.
• Aggressively embrace new technologies to improve current workflows.
• Ensures compliance with SOX controls, RCSA, internal audit and other rules governing cash transaction, liquidity management, and collateral management.
• Works closely with cross functional partners including Corporate Treasury, Risk management, Portfolio manager, investment reporting, and broader finance organization to ensure collaboration and process efficiencies are maintained.

Qualifications:

• Bachelor's degree in math, actuarial science, statistics, related science field, finance, or related business field
• Academic or other exposure in one 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 in solving analytical problems in the business setting

Preferred Qualifications:

• Demonstrates high quality judgment, organizational and prioritization skills. Experience with derivatives and overall capital and financial markets.
• Knowledge of office administrator responsibilities, systems and procedures.
• Good understanding of investment and finance concepts and be able to creatively apply them in solving analytical problems in the business setting.
• Good understanding of investment and insurance products, with knowledge of at least one of life insurance, fixed and payout annuities, or long-term care products being most preferable.
• Good understanding of derivatives modeling (Future, Forward, Swap, Option pricing, sensitivity, risk, and Cash flow forecasting)
• Good understanding of liquidity management (understand stress liquidity event, driver of liquidity demand and supply relate to insurance company, and liquidity cost)
• Advanced communication and presentation skills.
• A proactive action taker and doer.
• Works well under pressure and within time constraints to effectively accomplish individual and team objectives.
• Excellent computer skills: Database management and coding skills: SQL, Alteryx, Python, R and VBA or equivalent coding languages.

Working Conditions:

• Hybrid employees will need to work at a Company office location at times and a remote work location (typically their home) at times.

Locations:

• Baltimore, MD
• Cedar Rapids, IA

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
• College Coach 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
• Peer Recognition Program (BRAVO)

* As of December 31, 2022

Inclusion & Diversity

We believe our commitment to diversity and inclusion creates a work environment filled with exceptional individuals. We're thrilled to have been recognized for our efforts through the Human Rights Campaign Corporate Equality Index, Dave Thomas Adoption Friendly Advocate, and several Seramount lists, including the Inclusion Index, 100 Best Companies for Working Parents, Best Companies for Dads, and Top 75 Companies for Executive Women.

To foster a culture of inclusivity throughout our workforce, workplace, and marketplace, Transamerica offers a wide range of diversity and inclusion programs. This includes our company-sponsored, employee-driven Employee Resource Groups (ERGs), which are formed around a shared interest or a common characteristic of diversity. ERGs are open to all employees. They provide a supportive environment to help us better appreciate our similarities and differences and understand how they benefit us all.

Giving Back

We believe our responsibilities extend beyond our corporate walls. That's why we created the Aegon Transamerica Foundation in 1994. Through a mix of financial grants and the volunteer efforts of our employees, the foundation supports nonprofit organizations focused on the things that matter most to our people in the communities where we live and work.

https://www.transamerica.com/why-transamerica/aegon-transamerica-foundation

Transamerica's Parent Company

Aegon acquired the Transamerica business in 1999. Since its start in 1844, Aegon has grown into an international company serving more than 29.5 million people across the globe. It offers investment, protection, and retirement solutions, always with a clear purpose: Helping people live their best lives. As a leading global investor and employer, the company seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion and diversity.