Manager Finance, Valuation & Pricing Analysis (Hybrid)

Transamerica; Philadelphia (Philadelphia County); Hybrid; USD 109,000 - 131,000; Full time

Benefits offered by this job

Bonus for Eligible Employees

Pension Plan

401k Match

Employee Stock Purchase Plan

Tuition Reimbursement

Disability Insurance

Medical Insurance

Dental Insurance

Vision Insurance

Employee Discounts

Career Training & Development

Job summary

Transamerica is seeking a Manager Finance, Valuations & Pricing Analysis in a hybrid office environment in Philadelphia. You will lead the Investment Reporting team’s valuation, pricing and impairment analysis functions across all asset types and derivatives, and oversee private credit asset accounting methodology and controls.

The role requires strong leadership, in-depth valuation knowledge, and collaboration with peers, business units, technology, and offshore teams, with a focus on accurate

Qualifications

• Bachelor’s degree in accounting or finance, or equivalent experience.
• Eight years of accounting/finance experience including three years of supervisory/management experience.
• Strong people management and communication skills.
• Advanced MS Office, Excel and financial systems experience.

Responsibilities

• Manage activities of assigned team including supervisors and/or individual contributors.
• Adapt department plans to address resource and operational challenges. Operates mostly within their own function, but participants in cross-functional initiatives.
• Understand and communicate directives from senior management.
• Hold one-on-one meetings with employees on performance and career development.
• Gather information and handle tactical questions for third party firms; complete or review issue papers and control memos.
• Approved budgeted staff expenses.
• Review, design and implement process and control improvements in area of expertise.
• Influence and lead a team in a way which aligns and promotes their given department’s strategy and values.
• Stand up a new valuation function within the investments department to assist in review and understanding of valuations utilized by various asset managers.
• Collaborates with other departments to ensure valuation methodology is in compliance with Risk and Investment Office expectations.
• Lead the derivative valuation function, which is priced within the Investment Reporting department.

Skills

People management

Communication skills

Organizational skills

Excel

Financial systems

Education

Bachelor’s degree in accounting or finance

Job description

About UsAt Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential of leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests.

Job FamilyFinance - General

About UsAt Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential of 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 — one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there.

Who We AreWe believe everyone deserves to live their best life. More than a century ago, we were among the first financial services companies in America to serve everyday people from all walks of life. Today, we’re part of an international holding company, with millions of customers and thousands of employees worldwide. Our insurance, retirement, and investment solutions help people make the most of what’s important to them. We’re empowered by a vast agent network covering North America, with diversity to match. Together with our nonprofit research institute and foundation, we tune in, step up, and are a force for good — for our customers and the communities where we live, work, and play. United in our purpose, we help people create the financial freedom to live life on their terms.

What We DoTransamerica is organized into three distinct businesses. These include 1) World Financial Group, including Transamerica Financial Advisors, 2) Protection Solutions and Savings & Investments, comprised of life insurance, annuities, employee benefits, retirement plans, and Transamerica Investment Solutions, and 3) Financial Assets, which includes legacy blocks of long term care, universal life, and variable and fixed annuities. These are supported by Transamerica Corporate, which includes Finance, People and Places, General Counsel, Risk, Internal Audit, Strategy and Development, and Corporate Affairs, which covers Communications, Brand, and Government and Policy Affairs. Transamerica employs nearly 7,000 people. It’s part of Aegon, an integrated, diversified, international financial services group serving approximately 23.9 million customers worldwide. For more information, visit transamerica.com.

Job Description SummaryThis Manager Finance, Valuations & Pricing Analysis role is an opportunity to play a key part in supporting accurate, well-controlled investment reporting and will be responsible for both the Investment Reporting department’s: valuation/pricing & impairment analysis functions (for all asset types and derivatives) as well as private credit (RNFs, CLOs, etc.) asset accounting methodology (valuation & income accrual) & process control design oversight. The successful candidate will bring strong reporting and valuation leadership experience, sound judgment, and a proactive approach to resolving complex issues while partnering closely with peers, internal business units, technology teams, and offshore support teams. This is a leadership role that provides guidance, oversight, and subject matter expertise and direct people management responsibilities.

Responsibilities

• Manage activities of assigned team including supervisors and/or individual contributors.
• Adapt department plans to address resource and operational challenges. Operates mostly within their own function, but participants in cross-functional initiatives.
• Understand and communicate directives from senior management.
• Hold one-on-one meetings with employees on performance and career development.
• Gather information and handle tactical questions for third party firms; complete or review issue papers and control memos. Identify potential accounting issues/errors and escalates appropriately.
• Approved budgeted staff expenses
• Review, design and implement process and control improvements in area of expertise.
• Influence and lead a team in a way which aligns and promotes their given department’s strategy and values.
• Stand up a new valuation function within the investments department to assist in review and understanding of valuations utilized by various asset managers.
• Collaborates with other departments to ensure valuation methodology is in compliance with Risk and Investment Office expectations.
• Lead the derivative valuation function, which is priced within the Investment Reporting department.

Qualifications

• Bachelor’s degree in accounting or finance, or equivalent experience
• Eight years of accounting/finance experience including three years of supervisory/management experience
• Strong people management skills
• Ability to effectively communicate, orally and in writing, to diverse audiences
• Organizational and prioritization skills
• Advanced computer skills in MS Office, Excel and financial business systems

Preferred Qualifications

• Working knowledge of investments
• Ability to handle multiple projects, customer service approach, willingness to take on new projects, analytical.
• Experience with valuation/pricing & impairment analysis functions (for all asset types and derivatives)
• Exposure to private credit (RNFs, CLOs, etc) asset accounting methodology (valuation & income accrual) & process control design oversight

Working Conditions

• Fast paced deadline-driven office environment, occasional travel.
• Hybrid Office Environment

The Salary for this position generally ranges between $109,000.00 - $131,000.00 annually. Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law. Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion.

What We OfferFor 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
• 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

Inclusion & DiversityWe believe our commitment to diversity and inclusion creates a work environment filled with exceptional individuals. We’re thrilled to have been recognized for our efforts through the Human Rights Campaign Corporate Equality Index