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Risk Analyst - Strategy
Transamerica US
Baltimore, MD, United States
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Job Family
Risk Management (Finance/Product)
Job Description Summary
Responsibilities
• Understand and evaluate annuity hedging Profit/Loss drivers and find ways to improve hedge performance and ALM risk management
• Analyze and develop capital market solutions to manage insurance annuity ALM risk
• Follow the insurance industry trend and best practices, innovations in the capital market and help adopt advanced ALM strategies within the organization
• Interface with internal trading team to plan, coordinate, and execute new ALM strategies or champion strategic changes in the current process
• Perform research in new investment or hedging strategies through back testing, time series analysis and capital modeling
• Provide analytical support to Management. Requires decision making on development, presentation, and interpretation of various ALM reports
• Models and quantifies risks including: equity and interest rate sensitivities, cash flow variability, credit, alternative investments or liquidity risks
• Works with colleagues to monitor and maintain hedging models and programs by: structuring new hedges, helping maintain portfolios on systems, and preparing portfolio hedge program and cash flow reports. Participate in liability, asset and risk systems development projects
• Updating documentation for all hedging reporting processes
• Assisting audit partners by providing requested documentation and information as needed
• Working closely with cross functional partners to ensure collaboration and process efficiencies are maintained
• Maintaining professional and technical knowledge by attending educational workshops; reviewing professional publications, establishing personal networks
• Proactively resolving potential hedging reporting issues, with escalation as appropriate
• Develop and maintain subject matter expertise required to advise business management
• Ensuring timely, quality resolution of customer/client inquiries
• Conforms with and abides by all regulations, policies, work procedures, instruction and safety rules
• Maintains strong ethical principals
Qualifications
Requires a Bachelor’s degree in economics, finance, statistics, math, actuarial science or related business field. Must possess good understanding of investment and finance concepts, and be able to creatively apply them in solving analytical problems in the business setting. Must possess excellent communication skills.
Behavioral and Leadership Competencies
• Must possess good understanding of investment and finance concepts, and be able to creatively apply them in solving analytical problems in the business setting
• Must possess excellent communication skills
• Communication skills to convey complex information to business both verbally and in writing at the appropriate level of detail for each audience
• Knowledge of finance/hedging fundamentals
Working Conditions
Normal office environment
Why Work for Us
Total Rewards at Transamerica: It’s more than a paycheck.
Our comprehensive Total Rewards package is designed to help support you in many ways — throughout all stages of your life and career. We provide a competitive, market-driven program that encompasses base compensation, bonus potential, retirement, health and wellness benefits, learning and development opportunities, plus great employee perks. All designed with you in mind… to help you live your best life, grow personally and professionally - and feel valued for the work you do.
Learn more about our Total Rewards Package.
Equal Opportunity Employer:
Transamerica Life Insurance Company is an Equal Employment Opportunity employer and does not discriminate against any applicant or employee because of age, religion, sex, gender identity, genetic information, race, color, national origin, pregnancy, sexual orientation, marital status, participation in the uniformed services (e.g. U.S. Armed Forces, National Guard), physical or mental disability, or any other status protected by federal, state, or local equal employment opportunities laws.
AEGON USA Realty Advisors, LLC, is an Equal Employment Opportunity/ Affirmative Action Employer and does not discriminate against any applicant or employee because of age, religion, sex, gender identity, genetic information, race, color, national origin, pregnancy, sexual orientation, marital status, participation in the uniformed services (e.g. U.S. Armed Forces, National Guard), physical or mental disability, or any other status protected by federal, state, or local equal employment opportunities laws.
Applicants with physical or mental disabilities may be entitled to a form of reasonable accommodation under the Americans with Disabilities Act and certain state and local laws. A reasonable accommodation is a change in the way things are normally done which will insure equal employment opportunity without imposing undue hardship on the Transamerica Companies.
Ontario Applicants:
Our Company is committed to providing accessibility to those with disabilities in a manner that is consistent with the principles of independence, dignity, integration and equality of opportunity, that is in compliance with the Accessibility for Ontarians with Disabilities Act 2005 ("AODA").