Transamerica logo
Transamerica

Transamerica is a holding company for a number of life insurance firms and investment companies that offer services across the country. As an employer, the comp

Senior Risk Analyst

Location

Iowa + 1 moreAll locations: Iowa | Maryland

Posted

41 days ago

Salary

$95K - $120K / year

Seniority

Senior

No structured requirement data.

Job Description

Senior Risk Analyst

Transamerica

Title: Sr Risk Analyst - Annuities (Hybrid) Locations: Cedar Rapids, Iowa Baltimore, Maryland Hybrid time type Full time job requisition id R20061348 Job Description: Job Family Financial Risk 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 Senior Risk Analyst will play a key role within the VA/RILA Reporting group, supporting IFRS 17 financial reporting and U.S. GAAP reporting post conversion. This role is responsible for supporting complex risk and financial analyses related to variable annuity and registered index linked annuity products, partnering closely with actuarial, finance, investments, and risk management teams. The position contributes to accurate, timely, and well controlled reporting while ensuring alignment with enterprise risk management objectives. 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: - Execute complex risk analysis, modeling, and reporting activities supporting IFRS 17 and U.S. GAAP frameworks for VA/RILA products. - Quantify and analyze key risks, including equity market risk, interest rate risk, cash flow variability, credit risk, liquidity risk, and hedging impacts, with emphasis on their financial reporting implications. - Support the production, validation, and interpretation of IFRS 17 results, including drivers of movement, sensitivities, and disclosure support. - Provide analytical support for GAAP conversion processes. - Partner with actuarial modeling, ALM, finance, and investment teams to assess model results, assumptions, and controls impacting financial statements. - Effectively communicate complex analytical results to team leaders through clear documentation, presentations, and executive‑level summaries. Qualifications: - Requires an 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 5 years' experience. - Candidates without a designation should be making progress towards an FSA, ASA, FRM, CFA or similar designation. - Must possess good understanding of investment and finance concepts, and be able to creatively apply them in solving analytical problems in the business setting. - Must possess excellent communication skills. Preferred Qualifications: - Direct experience with IFRS 17 reporting, implementation, or ongoing production support. - Strong knowledge of VA/RILA products, capital markets, and derivatives. - Familiarity with U.S. GAAP (LDTI) reporting is a plus. - Experience working in a controlled reporting environment, including documentation, governance, and audit support. Working Conditions: - Hybrid office environment: 3 days in office (Cedar Rapids, IA/Baltimore, MD) Compensation: - The Salary for this position generally ranges between $95,000 - $120,000 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. #LI-BD1 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 in order to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request. Disclaimer: Beware of fake job offers! We've been alerted to scammers impersonating Transamerica recruiters, particularly for remote positions. Please note: - We will never request personal information such as ID or payment for equipment upfront. - Official offers are sent via DocuSign following a verbal offer-not through text or email. 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 - 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

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Nurse Practitioner

DaVita

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Florida
$118K - $150K / year
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Gen Re Corporation logo

Catastrophe Risk Advisor

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Risk41 days ago
Full TimeRemoteTeam 1,001-5,000

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Job Closed