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Analytical Reporting Analyst

TransAmerica
Cedar Rapids, IA Full Time
POSTED ON 1/27/2023 CLOSED ON 2/18/2023

What are the responsibilities and job description for the Analytical Reporting Analyst position at TransAmerica?

Job Family Treasury, Capital Management and Asset Liability Management 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 Provide 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 Responsibilities: Run business processes that directly impact Transamerica financials. Support quarterly IFRS17 , 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 MG_ALFA, and AXIS 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 MG_ALFA , and AXIS 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. Qualifications: 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 Preferred Qualifications: Experience working with asset liability management processes in insurance or banking Understanding of actuarial and accounting 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 Stock Purchase Plan 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 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. For more information about Transamerica’s privacy practices, click here.

Salary : $57,800 - $73,200

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