Aegon Asset Management Analytical Reporting Analyst in Cedar Rapids, Iowa
Job FamilyTreasury, Capital Management and Asset Liability Management
Job Description SummaryProvide analytical support to 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
Run business processes that directly impact Transamerica financials.
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.
Support the annual setting of economic assumptions by working cohesively with members of Life, Health, Annuity, and Risk areas.
Engage in 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 with more senior analysts 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.
Provide support and input required for change management documentation each quarter for assumption and/or system updates.
Resolve potential issues; escalate as appropriate.
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
Experience working with asset liability management processes in insurance or banking
Understanding of actuarial and accounting, such as STAT and IFRS
Prior experience with annuities and retirements products, and associated asset and/or liability valuation methodologies
Strong knowledge and programing skills with VBA, SQL and Alteryx
- Office environment
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 mind… to 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 (https://www.transamerica.com/individual/about-us/careers/benefits/) .
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: firstname.lastname@example.org 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.
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@example.com 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.
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At Transamerica, hard work, innovative thinking and personal accountability are qualities that we honor and reward. We understand the potential that is 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 focused on helping customers secure their long-term financial futures.
Transamerica is a part of AEGON, an international life insurance, pension, and asset management company. The AEGON companies employ approximately 28,000 people and have a strong presence in more than 20 countries across the globe. For more information, visit www.transamerica.com.