Senior Director, Finance - Employee Benefits

Transamerica•Philadelphia, PA

6d•Hybrid

About The Position

The Senior Director, Finance serves as the senior Finance business partner for Transamerica’s Employee Benefits business, providing independent financial leadership, insight, and challenge in support of growth, profitability, capital, and strategic objectives. The role advises senior business leaders, leads integrated financial planning and analysis, and explains financial performance and business drivers to executive audiences and governance committees. The position works across Finance and business functions—including Product, Pricing, Actuarial, Sales, Distribution, Operations, Accounting, Investments, and Risk—to align assumptions, projections, and management actions. It also oversees performance management ratings, goals, and priorities, and makes merit and bonus decisions. This is a hybrid role requiring three days per week in the office at a hub location in Philadelphia or Cedar Rapids. Relocation assistance is not provided. The salary generally ranges from $220,000 to $265,000 annually, and the position is typically eligible for an annual bonus at the Company’s discretion.

Requirements

Bachelor’s degree in accounting or finance, or equivalent experience.
15 years of accounting or finance experience, including 10 years of management experience.
Extensive knowledge of the Employee Benefits business, including Life, Supplemental Health, and other Medical Gap products and associated economics.
Experience with GAAP and Statutory Accounting principles associated with an Employee Benefits business.
Strong leadership skills and business acumen.
Demonstrated success influencing senior business leaders and translating complex analysis into clear recommendations.
Experience leading multi-year planning, forecasting, scenario analysis, and executive performance reporting.
Ability to communicate effectively, orally and in writing, with diverse audiences.
Organizational and prioritization skills.
Advanced computer skills in MS Office, Excel, and financial business systems.
Legal authorization to work in the United States without immigration-related employment authorization sponsorship.

Nice To Haves

CPA or advanced degree.

Responsibilities

Serve as the financial advisor to senior leaders running the Employee Benefits business, providing guidance and financial perspective to support growth and profitability goals.
Interact with the CFO and senior leaders across Finance and participate in decisions affecting the broader Finance function.
Lead integrated financial planning for Employee Benefits, including sales, premiums, earnings, expenses, capital, and new-business value across the annual budget, multi-year plan, and recurring forecasts.
Identify key financial risks and opportunities and recommend management actions.
Lead analysis of product and portfolio economics, including pricing, underwriting performance, claims trends, expense allocation, new-business profitability, in-force returns, capital efficiency, and product mix.
Partner with business leaders to develop and monitor corrective actions.
Own the Employee Benefits financial performance narrative, ensuring executive reporting explains business drivers, emerging trends, plan variances, forecast implications, and needed management actions.
Present financial performance, outlook, strategic analyses, and recommendations to Employee Benefits leadership, senior Finance leadership, and relevant management and governance committees.
Coordinate with Product, Pricing, Actuarial, Sales, Distribution, Operations, Accounting, Investments, Risk, and enterprise Finance to align assumptions, projections, and management actions and reflect them appropriately in financial results.
Serve as the escalation point when action is needed from other departments or third parties.
Oversee performance management ratings, goals, and priorities; make merit and bonus decisions.
Represent Employee Benefits at applicable governance committees.

Benefits

Competitive pay.
Annual bonus eligibility for eligible employees, based on the Company Bonus Plan and individual performance, at the Company’s discretion.
Benefits package.
Pension plan.
401(k) match.
Employee stock purchase plan.
Tuition reimbursement.
Disability insurance.
Medical insurance.
Dental insurance.
Vision insurance.
Employee discounts.
Career training and development opportunities.
Paid time off starting at 160 hours annually for employees in their first year of service.
Ten paid holidays per year.
Be Well holistic wellness program, including Wellness Coaching and Reward Dollars.
Paid parental leave of 15 days per calendar year for eligible employees with at least one year of service.
Adoption assistance.
Employee Assistance Program.
Back-Up Care Program.
Paid time off for volunteer hours.
Employee Matching Gifts Program.
Employee Resource Groups.
Inclusion and Diversity Programs.
Employee Recognition Program.
Referral Bonus Programs.