Senior Analytical Reporting Analyst - ALM & Investment Risk (Hybrid)

Transamerica Corporation; Baltimore (MD); Hybrid; USD 97,000 - 110,000; Full time

Benefits offered by this job

Bonus for Eligible Employees

Pension Plan 401k Match

Employee Stock Purchase Plan

Tuition Reimbursement

Medical Insurance

Job summary

Transamerica is seeking a Senior Analytical Reporting Analyst – ALM & Investment Risk to deliver ALM analytics, develop investment dashboards, and support enterprise-wide investment risk monitoring. A key focus is Power BI dashboards for the General Account, delivering insights into portfolio performance and risk exposures.

Applicants must be legally authorized to work in the U.S. This role offers hybrid work with locations in Baltimore, MD; Cedar Rapids, IA; or Philadelphia, PA, with salary in

Qualifications

• Bachelor’s degree in math, actuarial science, statistics, related science field, finance, or related business field
• Three years of related experience (or one with Master’s degree)
• Expert level process knowledge in two 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 them in solving analytical problems in the business setting

Responsibilities

• Run business processes and manage phases of projects that directly impact Transamerica financials.
• Support enterprise-wide market risk sensitivity calculation and QoQ change attribution as well as stress scenario to access investment portfolio risks and asset liability mismatch risks.
• Assess general account portfolio performance attribution vs. benchmark, as well as associated impact with derivatives programs.
• Lead the General Account Dashboard (Power BI based) development to enhance portfolio transparency and deliver real-time GA investment insights and key metrics to stakeholders.
• Engage in annual discussions regarding economic assumption changes and facilitate the creation of model files that reflect the updated assumptions.
• Assist customers in explanation of model results attribution and reconciliation.
• Complete required change management documentation each quarter for assumption and/or system updates.
• Resolve potential issues; escape as appropriate.
• Improve processes to increase reliability and accuracy of results.
• Assist audit partners by providing requested documentation and information.
• Maintain professional and technical knowledge; attend educational workshops, review professional publications, establish personal networks, and participate in professional societies.
• Mentor more junior staff as needed.

Skills

SQL skills

Machine learning

Artificial intelligence

Analytical problem solving

Finance knowledge

Education

Bachelor’s degree in math/actuarial science/statistics/finance

Tools

Power BI

Job description

Job Family Treasury, Capital Management and Asset Liability 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

As a Senior Analytical Reporting Analyst – ALM & Investment Risk, you will be responsible for delivering ALM analytics and reporting, developing investment dashboards, and supporting enterprise-wide investment risk monitoring. A key focus of this role is the development and enhancement of Power BI dashboards for the General Account, providing actionable insights into portfolio performance, risk exposures, and key investment metrics.

Job Description Applicants must possess legal authorization to work for our company in the U.S. without the need for immigration sponsorship or otherwise serving as an employer of record for immigration employment purposes. At this time, this role is not eligible for immigration-related employment authorization sponsorship.

Responsibilities

• Run business processes and manage phases of projects that directly impact Transamerica financials.
• Support enterprise-wide market risk sensitivity calculation and QoQ change attribution as well as stress scenario to access investment portfolio risks and asset liability mismatch risks.
• Assess general account portfolio performance attribution vs. benchmark, as well as associated impact with derivatives programs.
• Lead the General Account Dashboard (Power BI based) development to enhance portfolio transparency and deliver real-time GA investment insights and key metrics to stakeholders.
• Engage in annual discussions regarding economic assumption changes and facilitate the creation of model files that reflect the updated assumptions.
• Assist customers in explanation of model results attribution and reconciliation.
• Complete required change management documentation each quarter for assumption and/or system updates.
• Resolve potential issues; escape as appropriate.
• Improve processes to increase reliability and accuracy of results.
• Assist audit partners by providing requested documentation and information as needed.
• Maintain professional and technical knowledge; attend educational workshops, review professional publications, establish personal networks, and participate in professional societies.
• Mentor more junior staff as needed.

Qualifications

• Bachelor’s degree in math, actuarial science, statistics, related science field, finance, or related business field
• Three years of related experience (or one with Master’s degree)
• Expert level process knowledge in two 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 them in solving analytical problems in the business setting

Preferred Qualifications

• Experience working with asset liability management and/or investment portfolio management processes in insurance or banking
• Expert-level proficiency in Power BI, including advanced DAX, Power Query, semantic data modeling, dashboard optimization, visualization, and Power BI Service
• Working knowledge of investment or asset data, with the ability to understand portfolio holdings, security‑level data, and key financial metrics.
• Prior experience with insurance, asset management, or investment reporting is preferred
• Demonstrated ability to design scalable, user‑friendly dashboards that support executive decision-making
• Strong SQL skills and experience integrating data from multiple system sources

Working Conditions

Hybrid (Tuesdays, Wednesdays & Thursdays in the office)

Location

Baltimore, MD, Cedar Rapids, IA, or Philadelphia, PA

Compensation

The Salary for this position generally ranges between $97,000 - $110,000 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 Offer

• Competitive Pay
• 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 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 (including after a major medical event)
• 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.

Transamerica is a part of Aegon, an integrated, diversified, international financial services group. The Aegon companies employ over 21,500 people and have approximately 31.7 million customers.* For more information, visitwww.transamerica.com.