Risk Analyst (Finance/Product)

Job Family

Financial Risk

Who We Are

Transamerica has been helping people feel better about the future for more than 100 years. We provide investment, retirement, and life insurance solutions to more than 11 million customers throughout the U.S. But the way we see it, our responsibility goes beyond our clients' accounts. We're in the business of helping people live well and empowering them to create a better tomorrow through the financial and health-related habits they form today. We help people prepare by providing solutions that consider the whole picture.

What We Do

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

Job Description Summary

Aegon's Corporate Center Financial Risk Management (FRM) is looking for a Risk Analyst. This role supports critical processes and systems in liability modeling, valuation and reporting through risk-neutral valuation and derivative pricing. The role involves using, developing, and maintaining key financial and market risk models for use across the Aegon Group, including Transamerica. The financial data and derived calculations are used in IFRS and Solvency II reporting. This is a multi-disciplinary role responsible for maintaining high-quality service to meet internal customer goals, fulfilling business requirements, and participating in system enhancements across FRM's domain.Job Description

Responsibilities:

• Produce and validate economic scenarios using Group's ESGs.
• Provide deliverables related to economic, market consistent valuation within the Economic Framework, IFRS, SII and other regulatory frameworks.
• Collaborate with cross-functional stakeholders to integrate financial market data systems and services within Aegon/Transamerica.
• Support customer relationships through regular communication, proactively improving services, anticipating changing requirements, and providing consultative support.
• Enhance automation for system maintenance, revisions, validation, and analytics, primarily through Python coding.
• Call upon academic and professional preparation, along with the resources of the team to research solutions to financial risk problems, implement operationally sound solutions, and deliver excellence to our customers.
• Adhere to technical and governance controls in accordance with the internal control framework and systems development life cycle (SDLC) using Agile design principles (e.g., standups, release scheduling).
• Other duties and responsibilities as assigned in support of FRM.

Qualifications:

• Requires a bachelor's degree in mathematics, actuarial science, statistics, finance, computer science, or related field, and desire to pursue CFA, FRM, ASA, or equivalent designation.
• Practical experience in an object-oriented programming language, i.e., Python, C++, Java.
• Strong attention to detail; comprehensive in evaluating requirements, defining testing, and reviewing changes to address potential issues before they have significant adverse impact.
• Must demonstrate solid understanding of investment and finance concepts and be able to creatively apply them in solving analytical problems in the business setting.
• Must demonstrate excellent verbal and written communication skills.

Preferred Qualifications:

• 2 or more years of relevant experience.
• Should have an understanding of financial markets.
• Advanced programming knowledge in Python and git.
• Hands-on experience with Agile SDLC

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.

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)

Inclusion & Diversity

Transamerica has made a strong commitment to inclusion and diversity, and we are proud to be an organization where all perspectives are valued. Transamerica has earned recognition for its strong efforts year-over-year, including from the Human Rights Campaign's Foundation Corporate Equality Index, the Diversity Best Practices Inclusion Index, and Seramount's "100 Best Companies" list.

In addition, as part of Transamerica's commitment to maintaining an inclusive workplace, the company sponsors 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 and provide a supportive environment for raising diversity awareness and promoting inclusive behavior.

Giving Back

Transamerica believes our responsibilities extend beyond our corporate walls. That's why we created the Aegon Transamerica Foundation in 1994. Through a combination of financial grants and the volunteer commitment of our employees, this foundation supports nonprofit organizations focused on the education, health, and well-being of 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. Aegon's roots go back more than 175 years to the first half of the nineteenth century. Since then, Aegon has grown into an international company, with businesses in the Americas, Europe, and Asia. Today, Aegon is one of the world's leading financial services organizations, providing life insurance, pensions, and asset management. 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.

Websites

Transamerica | Protecting Your Wealth and Health since 1906

Aegon Group Corporate Website | Aegon

Management Team

Transamerica Leadership - Standing For Financial Innovation Since 1906 | Transamerica