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

Transamerica•Baltimore, MD

9d•Hybrid

About The Position

As our Senior Analytical Reporting Analyst – ALM & Investment Risk you will be responsible for ALM and investment operations, production, and reporting within a disciplined controls environment. Produce model inputs and perform business analysis to deliver key performance indicators and ensure efficient operations, including the creation of asset inventories, economic assumptions, and both business unit and enterprise-wide ALM investment and risk reporting packages. Provide timely, quality resolution of inquiries and ad hoc requests.

Requirements

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

Nice To Haves

Experience working with asset liability management and/or investment portfolio management processes in insurance or banking
Understanding of actuarial and accounting, such as STAT and GAAP
Prior experience with calculating and analyzing market risk sensitivities, such as interest rates and equity price shocks, and derivatives hedging and Greeks
Strong knowledge working with large amount of data and relevant SQL and Python skills

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.
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.
Collaborate with actuarial peer teams 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.
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.

Benefits

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
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