Transamerica Intermediate Risk Analyst in Cedar Rapids, Iowa
Job FamilyRisk Management (Finance/Product)
Job Description SummaryThe people of Transamerica bring expertise, creativity, heart and diverse thought toeverything that we do-and to the communities where we live and workJob Description
Are you motivated? Are you open to learning new things? Are you open to challenging yourself?
If your answer is yes, we are looking for you!
What You Will Do: You will be responsible for developing and maintaining hedge prototype models of the various hedging models, ensuring model changes to the production hedge models are accurate, determining and communicating the downstream financial impacts model changes.
What You Will Learn: You will get to work closely with:
Model Development Team: Provide business requirements, and provide sign-off on model changes
Pricing teams: To understand and develop new product features
Valuation Reporting Team: Provide downstream financial impacts
What Success Looks Like:
Build and Maintain hedge prototype models for VA, IUL and FIA models
Provide business requirements for future model developments
Help improve and modernize the current User Acceptance Testing process
Standardize and automate testing processes to reduce manual errors and execution time
Verify the hedging systems meet specified requirements including: functional, performance, reliability, security and usability.
What You Need:
Advanced degree in math, actuarial science, statistics, related science field, finance, or related business field OR Bachelor’s Degree plus FSA/CFA/Equivalent Designation OR Bachelor’s Degree plus 3 years’ experience. Candidates without a designation should be making progress towards an FSA, ASA, FRM, CFA or similar designation.
Good understanding of investment and finance concepts, and be able to creatively apply them in solving analytical problems in the business setting.
Excellent communication skills.
Self-motivated and proven ability to deliver on results.
Should have a good understanding of investment and insurance products.
Knowledge of VA, IUL and FIA product lines a plus.
Programming experience such as C#, SQL, VBA etc. is helpful.
Financial Model testing experience preferred.
What You Receive:
A Comprehensive Wealth + Health package. It’s our passion to empower people, and especially our employees, to add years to their lives and more life to their years. That means a healthy account balance and a healthy body to match. As you’ll come to discover, Wealth + Health is a central part of everything we do!
Wealth Benefits; Competitive Pay, Bonus, and Benefits Package; Pension Plan, 401k Match, Employee Stock Purchase Plan, Tuition Reimbursement, Disability Insurance, Stock Purchase Plan, Employee Discounts, Career Training & Development Opportunities, Certification Sponsorship
Health and Work/Life Balance Benefits; Be Well Company sponsored holistic wellness program which includes Wellness Coaching and reward dollars, Parental Leave, Adoption Assistance, Employee Assistance Program, College Coach Program, Back-up Care Program, Paid Time Off to Volunteer, Employee Matching Gifts Program, Employee Resource Groups, Inclusion and Diversity Programs, Employee Recognition Program.
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.
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. 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.
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 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.
If you experience technical problems during the application process, please email email@example.com.
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.