Intermediate Analytical Reporting Analyst - Hybrid Baltimore

Transamerica•Baltimore, MD

1d•Hybrid

About The Position

At Transamerica, we value hard work, innovative thinking, and personal accountability, fostering an environment that balances careers, families, communities, and personal interests. We are a financial services company with over a century of history, serving millions of customers worldwide with insurance, retirement, and investment solutions. We are part of an international holding company and are committed to helping people achieve financial freedom. Transamerica is structured into three distinct businesses: World Financial Group, Protection Solutions and Savings & Investments, and Financial Assets, supported by Transamerica Corporate. We employ nearly 7,000 people and are part of Aegon, an international financial services group serving approximately 23.9 million customers worldwide. The Intermediate Analytical Reporting Analyst provides analytical support for operations, production, and reporting within a disciplined controls environment. This role involves producing model inputs and performing business analysis to deliver key performance indicators and ensure efficient operations, including creating asset inventories, economic assumptions, and reinvestment strategies. The analyst is also responsible for timely resolution of inquiries and ad hoc requests.

Requirements

Bachelor's degree in math, actuarial science, statistics, related science field, finance, or related business field
Two years of related experience (or some exposure with Master’s degree)
Strong knowledge in one 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

Nice To Haves

Experience working with asset liability management processes in insurance or banking
Understanding of actuarial and accounting

Responsibilities

Run business processes, and manage phases of projects that directly impact Transamerica financials.
Support quarterly IFRS/DAC/Unlocking/Loss Recognition, Financial Plan/Capital Reforecast, Principles Based Reserves, and C3P1 models, as well as annual Medium Term Plan, and Cash Flow Testing models.
Support the annual setting of economic assumptions by working cohesively with members of Life, Health, Annuity, and Risk areas.
Engage in annual discussions regarding economic assumption changes and facilitate the creation of model files that reflect the updated assumptions.
Provide MoSes and MG_ALFA format asset inventory, economic assumption, and investment input files to support Asset and Liability Management analysis on a regular basis.
Collaborate with more senior analyst and provide considerations on the development of asset-related code updates in MoSes and MG_ALFA models, and execute asset-only user testing of the updates.
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; escalate as appropriate.
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.
Improve processes to increase reliability and accuracy of results.

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