Portfolio Management Analyst - Investment Strategy

Transamerica Corporation; Cedar Rapids (IA); On-site; USD 65,000 - 95,000; Full time

Benefits offered by this job

401(k) match

Medical Insurance

Paid time off

Job summary

Transamerica is seeking an Investment Analytics Analyst to support portfolio managers and the Chief Investment Office. You will help collect, organize and analyze data to inform asset allocation and risk decisions across portfolios.

You will use BlackRock Aladdin, Clearwater Analytics, Bloomberg, Excel and Power BI to build quantitative models, perform scenario analysis, and prepare commentary on drivers of portfolio changes. Office environment in Cedar Rapids, IA with occasional travel.

Qualifications

• Bachelor’s degree in a quantitative discipline.
• 1-2 years of relevant experience in fixed income investment analytics, insurance investments, or institutional asset management.
• Experience in a front‑office investment role at a bank, hedge fund, asset management firm, or insurance company.
• Proficient in Excel.
• Experience using Bloomberg, BlackRock Aladdin, and Clearwater Analytics.
• Strong analytical skills with the ability to translate analysis into clear, actionable recommendations.

Responsibilities

• Collect, produce and organize quantitative information necessary for portfolio decision‑making using tools including Bloomberg, Excel and Power BI.
• Work on recurring and ad‑hoc projects addressing market conditions and portfolio needs.
• Assist portfolio managers in modeling and analysis of asset‑liability risks such as duration, convexity, credit, reinvestment and liquidity.
• Provide analytical support for benchmark construction, trade analysis, and commentary on drivers of portfolio changes.

Skills

Analytical skills

Strong quantitative ability

Education

Bachelor's degree in a quantitative discipline

Tools

Bloomberg

BlackRock Aladdin

Clearwater Analytics

Excel

Power BI

Job description

Job Family Investment Management About Us At 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 Are

We 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 Do

Transamerica 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 Summary

The primary responsibility of this role is to provide analytical support both to the team of portfolio managers and business unit directors charged with managing the Transamerica portfolios and to support the work of the Transamerica Chief Investment Office.

Job Description Responsibilities

• Collect, produce and organize quantitative information necessary for portfolio decision‑making using a variety of software tools including Blackrock’s Aladdin system, ClearWater Analytics, Bloomberg, Excel, and Power BI.
• Some projects will be recurring in nature and others will be designed to address specific circumstances that have arisen in the markets or in specific portfolios.
• Recurring projects will constitute a part of the responsibilities that analysts will be expected to complete without direction after initial training.
• Assist portfolio managers in modeling and analysis of historical, current and potential asset‑liability risks such as duration, convexity, credit, reinvestment and liquidity within portfolios.
• Provide analytical support for projects such as benchmark construction, trade analysis, , evaluation of capital and yield positioning, and commentary on drivers of portfolio changes.

Qualifications

• Bachelor’s degree in a quantitative discipline
• 1-2 years of relevant experience in fixed income investment analytics, insurance investments, or institutional asset management
• Experience in a front‑office investment role at a bank, hedge fund, asset management firm, or insurance company
• Proficient in Excel
• Experience using Bloomberg, BlackRock Aladdin, and Clearwater Analytics
• Strong analytical skills with the ability to translate analysis into clear, actionable recommendations

Working Conditions

Office Environment

Occasional Travel <10%

Internal travel as needed

This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.

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.

• 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 & Diversity

We 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, Dave Thomas Adoption Friendly Advocate, and several Seramount lists, including the Inclusion Index, 100 Best Companies for Working Parents, Best Companies for Dads, and Top 75 Companies for Executive Women.

To foster a culture of inclusivity throughout our workforce, workplace, and marketplace, Transamerica offers a wide range of diversity and inclusion programs. This includes our company-sponsored, 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. They provide a supportive environment to help us better appreciate our similarities and differences and understand how they benefit us all.

Giving Back

We believe our responsibilities extend beyond our corporate walls. That's why we created the Aegon Transamerica Foundation in 1994. Through a mix of financial grants and the volunteer efforts of our employees, the foundation supports nonprofit organizations focused on the things that matter most to our people in the communities where we live and work.

Transamerica’s Parent Company

Aegon acquired the Transamerica business in 1999. Since its start in 1844, Aegon has grown into an international company serving more than 23.9 million people across the globe. * It offers investment, protection, and retirement solutions, always with a clear purpose: Helping people live their best lives. 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.

* As of December 31, 2023 At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential 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 — 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.

* As of December 31, 2022 For more information about Transamerica’s privacy practices, click here.