Investment Strategy Senior Portfolio Strategist (Hybrid)

Transamerica•Cedar Rapids, IA

10d•Hybrid

About The Position

As a key investment professional within the Investment Strategy team of the Chief Investment Office (CIO), the Senior Portfolio Strategist supports the design, management, and oversight of customized insurance investment portfolios. The role partners across disciplines to translate client objectives, balance sheet constraints, liability considerations, and regulatory requirements into actionable portfolio strategies and investment decisions across the Transamerica general account. This is a hybrid position requiring three days per week in the Cedar Rapids, Iowa office, with occasional travel of less than 10% as needed. The role is generally compensated between $135,000 and $175,000 annually and is typically eligible for an annual bonus at the company’s discretion. Applicants must be authorized to work in the U.S. without immigration-related employment sponsorship.

Requirements

Bachelor’s degree in business, finance, or a relevant field.
Six years of fixed income trading or portfolio management experience, preferably within the insurance industry.
Broad knowledge of most asset classes and sectors, such as corporates, public and private mortgage-backed securities, commercial and residential mortgage loans, and public and private high yield.
Broad knowledge of fixed income portfolio management techniques.
Familiarity with asset-liability management for life insurance companies and life insurance products.
Strong analytical and quantitative skills, including experience evaluating portfolio risk, duration, liquidity, and asset allocation tradeoffs.
Advanced proficiency in Excel and experience developing financial models and portfolio analytics.
Experience working collaboratively with portfolio managers, actuaries, risk professionals, and senior investment leadership to support strategic decision-making.
Ability to communicate complex investment concepts and portfolio recommendations to technical and non-technical stakeholders.
Legal authorization to work in the U.S. without immigration-related employment sponsorship.

Nice To Haves

Actuarial experience.
MBA, CFA, and/or FSA.

Responsibilities

Assist in managing the General Account liquidity position, including cash forecasting and planning to support ongoing funding and liquidity needs.
Collaborate with cross-functional teams to evaluate, structure, and implement portfolio optimization initiatives, including portfolio transfers, derivative unwind transactions, and other strategic actions.
Lead the review and approval process for portfolio transfer proposals, ensuring transactions are optimized and aligned with established investment and risk management guidelines.
Support the benchmark-setting process by contributing to the development and maintenance of tactical asset allocation targets for investment portfolios.
Partner with investment strategy and portfolio management teams to lead and execute large-scale strategic initiatives across asset classes and product portfolios.
Contribute as a collaborative team member and independent lead on strategic investment initiatives, business process improvements, and other ad hoc assignments.
Prepare investment-related presentations, analyses, and communications in support of business development efforts and client Request for Proposal (RFP) responses.
Manage and collaborate on quarterly investment reporting processes, ensuring accurate and timely analysis, documentation, and communication of portfolio activity.

Benefits

Annual bonus eligibility based on the Company Bonus Plan and individual performance, at the company’s discretion.
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 at the time of a qualifying birth or child placement.
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.