Head of Stable Value Solutions Risk & Capital Management

Aegon · Baltimore, MD

Company

Aegon

Location

Baltimore, MD

Type

Full Time

Job Description

The Head of stable Value Solutions Risk & Capital management is responsible for leading risk and capital management disciplines for Stable Value Solutions (SVS). This role is an integral part of the SVS management team and reports directly to the head of the division into which SVS aligns. This person will be tasked with overseeing all aspects of financial modeling, reserving and financial risk management of the business.

Responsibilities

  • Manage stable value risks through effective review, constructive challenge, and meaningful discussion with business leaders emphasizing transparent decision making in alignment with the established SVS risk management framework and governance.
    • Provide leadership to the Synthetic Guaranteed Investment Contract (Synthetic GIC) Actuarial team responsible for managing risk, modeling, and reporting with a focus on business acumen and innovative solutions.
    • Participate in and/or lead governance committees and cross functional working groups.
    • Implement operational and business strategies in alignment with long-term growth objectives.
    • Translate complex financials in a well-designed, intuitive, transparent, and comprehensible manner for intended internal and external audiences.
    • Develop and deliver high level communications and presentations to Executive leadership (e.g., CEO, Risk Committee, Transamerica Management Board).
    • Serve in an advisory role and partner to Client Management to bridge communications with clients.
    • Manage operational budget.
Qualifications

  • Bachelor's degree in accounting, finance, actuarial science, or relevant field
  • 12 years of financial services experience including management roles
  • Demonstrable stable value experience and/or synthetic GIC knowledge demonstrable
  • Broad knowledge and experience in financial risk management and/or actuarial science
  • Solid understanding of stable value funds and capital management
  • Experience with liability modeling
  • Strong business acumen balanced with analytical/actuarial skills
  • Outstanding written and oral communication skills
Preferred Qualifications

  • Advanced degree
  • Asset portfolio experience
  • Derivatives experience
  • Knowledge of risk based capital (RBC) requirements and statutory accounting requirements
Working Conditions

  • Office or hybrid office/remote environment
  • Occasional travel
**Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to the Colorado Equal Pay for Equal Work Act and Equal Pay Transparency Rules and other compensation posting laws. It is estimated based on what a successful candidate might be paid in certain Company locations.**

Compensation:

The salary for this position generally ranges between $200,000-$260,000. This range is an estimate, based on potential employee qualifications, operational needs and other considerations permitted by law. The range may vary above and below the stated amounts, as permitted by Colorado Equal Pay Transparency Rule 4.1.2.

Bonus Eligibility:

This position is also eligible for an Annual Bonus, at a targeted percentage, based on the Company Bonus Plan/Individual Performance.

Our commitment to inclusion & diversity means that we value differences. We encourage the unique perspectives of individuals and are dedicated to creating a respectful and inclusive work environment. #LI-remote #IND123

Company information

Equal Opportunity Employer:

Transamerica Life Insurance Company is an Equal Employment Opportunity employer and does not discriminate against any applicant or employee because of age, religion, sex, gender identity, genetic information, race, color, national origin, pregnancy, sexual orientation, marital status, participation in the uniformed services (e.g. U.S. Armed Forces, National Guard), physical or mental disability, or any other status protected by federal, state, or local equal employment opportunities laws.

AEGON USA Realty Advisors, LLC, is an Equal Employment Opportunity/ Affirmative Action Employer and does not discriminate against any applicant or employee because of age, religion, sex, gender identity, genetic information, race, color, national origin, pregnancy, sexual orientation, marital status, participation in the uniformed services (e.g. U.S. Armed Forces, National Guard), physical or mental disability, or any other status protected by federal, state, or local equal employment opportunities laws.

Applicants with physical or mental disabilities may be entitled to a form of reasonable accommodation under the Americans with Disabilities Act and certain state and local laws. A reasonable accommodation is a change in the way things are normally done which will insure equal employment opportunity without imposing undue hardship on the Transamerica Companies. If you are a job seeker with a disability, or are assisting someone with a disability, and require assistance to apply for one of our jobs, please contact: [email protected].

Technical Assistance:

If you experience technical problems during the application process, please email [email protected].

Date Posted

05/07/2023

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