Financial Analyst

Transamerica•Cedar Rapids, IA

1d•Hybrid

About The Position

At Transamerica, hard work, innovative thinking, and personal accountability are qualities honored and rewarded. The company understands the potential of leveraging the talents of a diverse workforce and embraces an environment where employees enjoy a balance between their careers, families, communities, and personal interests. Transamerica believes everyone deserves to live their best life, having served everyday people for over a century. Today, it is part of an international holding company with millions of customers and thousands of employees worldwide, offering insurance, retirement, and investment solutions. The company is empowered by a vast agent network covering North America and is a force for good for its customers and communities. United in its purpose, Transamerica helps people create the financial freedom to live life on their terms. Transamerica is organized into three distinct businesses: World Financial Group (including Transamerica Financial Advisors), Protection Solutions and Savings & Investments (comprised of life insurance, annuities, employee benefits, retirement plans, and Transamerica Investment Solutions), and Financial Assets (including 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 (Communications, Brand, and Government and Policy Affairs). This Financial Analyst role performs accounting, financial reporting, and analysis functions, applying financial analysis knowledge and judgment to routine activities. The position serves as a member of Transamerica’s Capital Finance team, supporting capital reporting processes and analysis activities.

Requirements

Bachelor’s degree in Accounting or Finance and/or equivalent work experience.
Up to 2 years of experience, with degree.
Advanced computer skills.

Nice To Haves

Working knowledge of insurance capital finance with the ability to analyze financial data and investigate variances.
Ability to effectively communicate orally and in writing, customer service approach.
Detail-oriented, accurate; analytical, work effectively individually and collaboratively within a team, organizational and prioritization skills.
Strong Excel skills including formulas, pivot tables, and working with financial data sets.

Responsibilities

Performs professional financial analysis work, which involves: extracting financial data from various accounting and information systems, compilation, consolidation and appropriate analysis of financial data to support capital reporting and analysis activities.
Analyze, test and validate information used in monthly and quarterly capital reporting processes.
Support requests from management and finance partners related to capital results and management reporting.
Analyze financial data and assist in identifying and explaining variances between reporting periods.
Participates in monthly accounting processes to ensure accuracy and completeness of financial records.
Assist in preparing management reporting packages and supporting analysis related to capital results.
Updates Excel-based financial reports/models for forecasting, trending and results analysis.
Assists with project work and may serve as a member of divisional project team.
Responsible for adherence to the company's framework of internal controls.
Assist in documenting capital reporting processes and support improvements to increase efficiency and data quality.

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
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