Intermediate Analytical Reporting Analyst

Employer
Transamerica
Location
Baltimore, MD
Posted
Oct 06, 2021
Closes
Oct 17, 2021
Ref
145063083
Hours
Full Time
Job Description SummaryProvide analytical support to 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 reinvestment strategies. Provide timely, quality resolution of inquiries and ad hoc requests.Job DescriptionResponsibilities: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.Qualifications:Bachelor's degree in math, actuarial science, statistics, related science field, finance, or related business fieldTwo 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 intelligenceGood understanding of investment and finance concepts, and be able to creatively apply them in solving analytical problems in the business settingPreferred Qualifications:Experience working with asset liability management processes in insurance or bankingUnderstanding of actuarial and accounting, such as STAT and IFRSPrior experience with calculating and analyzing market risk sensitivities, such as interest rates and equity price shocks, and derivatives hedging and GreeksStrong knowledge working with large amount of data and relevant SQL and Python skillsWorking Conditions:Hybrid employees will need to work at a Company office location at times and a remote work location (typically their home) at times.Locations:Cedar Rapids, IABaltimore, MD