Lead Analytical Reporting Analyst - ALM
Job Description
Job Family
Treasury, Capital Management and Asset Liability Management
Job Description Summary
As our Lead Analytical Reporting Analyst - ALM you will be responsible for ALM and investment operations, production, and reporting within a disciplined controls environment. Produce model inputs and perform business analysis to deliver key performance indicators and ensure efficient operations, including the creation of asset inventories, economic assumptions, and reinvestment strategies. Provide timely, quality resolution of inquiries and ad hoc requests.Job Description
Responsibilities:
Qualifications:
Preferred Qualifications:
Why Work for Us
Total Rewards at Transamerica: It's more than a paycheck.
Our comprehensive Total Rewards package is designed to help support you in many ways - throughout all stages of your life and career. We provide a competitive, market-driven program that encompasses base compensation, bonus potential, retirement, health and wellness benefits, learning and development opportunities, plus great employee perks. All designed with you in mindto help you live your best life, grow personally and professionally - and feel valued for the work you do.
Learn more about our Total Rewards Package.
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.
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. Please contact: [email protected] 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.
Ontario Applicants:
Our Company is committed to providing accessibility to those with disabilities in a manner that is consistent with the principles of independence, dignity, integration and equality of opportunity, that is in compliance with the Accessibility for Ontarians with Disabilities Act 2005 ("AODA"). Please contact [email protected] 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.
Technical Assistance:
If you experience technical problems during the application process, please email [email protected].
Treasury, Capital Management and Asset Liability Management
Job Description Summary
As our Lead Analytical Reporting Analyst - ALM you will be responsible for ALM and investment operations, production, and reporting within a disciplined controls environment. Produce model inputs and perform business analysis to deliver key performance indicators and ensure efficient operations, including the creation of asset inventories, economic assumptions, and reinvestment strategies. Provide timely, quality resolution of inquiries and ad hoc requests.Job Description
Responsibilities:
- Run business processes, and manage phases of projects that directly impact Transamerica financials.
- Manage and mentor junior staff as needed.
- Support quarterly IFRS/DAC/Unlocking/Loss Recognition, Financial Plan/Capital Reforecast, Principles Based Reserves, and C3P1 models, as well as annual Medium-Term Plan, and Cash Flow Testing models.
- Engage in and provide input to annual discussions regarding economic assumption changes and facilitate the creation of model files that reflect the updated assumptions.
- Provide MoSes and MG_ALFA format asset inventory, economic assumption, and investment input files to support Asset and Liability Management analysis on a regular basis.
- Collaborate and lead 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.
- 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.
- Improve processes to increase reliability and accuracy of results.
- Manage and improve the functional processes, policies and techniques in alignment with company objectives.
Qualifications:
- Bachelor's degree in math, actuarial science, statistics, related science field, finance, or related business field
- Five years of related experience (or three with Master's degree) and expert level process knowledge in the following areas:
- Insurance liability, asset valuation, derivatives modeling, liquidity management, machine learning, artificial intelligence
- Familiarity with asset liability management practices
- Good understanding of investment and finance concepts, and be able to creatively apply them in solving analytical problems in the business setting
Preferred Qualifications:
- Prior management experience in a team-oriented workplace preferred; this position can be offered at manager level depending on the candidate's experience and qualifications
- Experience working with asset liability management processes in insurance or banking
- Strong communication and presentation skills, including preparing PowerPoint slides for management committees
- Solid experience with annuities and/or life products, and associated asset and/or liability valuation methodologies, and portfolio management expertise
- Strong knowledge working with databases and programing skills with VBA, SQL, and Alteryx
Why Work for Us
Total Rewards at Transamerica: It's more than a paycheck.
Our comprehensive Total Rewards package is designed to help support you in many ways - throughout all stages of your life and career. We provide a competitive, market-driven program that encompasses base compensation, bonus potential, retirement, health and wellness benefits, learning and development opportunities, plus great employee perks. All designed with you in mindto help you live your best life, grow personally and professionally - and feel valued for the work you do.
Learn more about our Total Rewards Package.
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.
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. Please contact: [email protected] 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.
Ontario Applicants:
Our Company is committed to providing accessibility to those with disabilities in a manner that is consistent with the principles of independence, dignity, integration and equality of opportunity, that is in compliance with the Accessibility for Ontarians with Disabilities Act 2005 ("AODA"). Please contact [email protected] 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.
Technical Assistance:
If you experience technical problems during the application process, please email [email protected].
Date Posted
07/30/2022
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