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Head of Strategic Asset Allocation and ALM

Transamerica
Philadelphia, United Statesfull_timeVerifiedPosted 4 Aug 2026
💰 $275,000/yr($250,000/yr – $275,000/yr)

About the role

Job Family

Treasury, Capital Management and Asset Liability Management

About Us 

 

At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential of leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests.  

 

Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment — one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there. 

     

Who We Are 

  

We believe everyone deserves to live their best life. More than a century ago, we were among the first financial services companies in America to serve everyday people from all walks of life.  

Today, we’re part of an international holding company, with millions of customers and thousands of employees worldwide. Our insurance, retirement, and investment solutions help people make the most of what’s important to them. 

We’re empowered by a vast agent network covering North America, with diversity to match. Together with our nonprofit research institute and foundation, we tune in, step up, and are a force for good — for our customers and the communities where we live, work, and play. United in our purpose, we help people create the financial freedom to live life on their terms. 

What We Do 

 

Transamerica is organized into three distinct businesses. These include 1) World Financial Group, including Transamerica Financial Advisors, 2) Protection Solutions and Savings & Investments, comprised of life insurance, annuities, employee benefits, retirement plans, and Transamerica Investment Solutions, and 3) Financial Assets, which includes legacy blocks of long term care, universal life, and variable and fixed annuities. These are supported by Transamerica Corporate, which includes Finance, People and Places, General Counsel, Risk, Internal Audit, Strategy and Development, and Corporate Affairs, which covers Communications, Brand, and Government and Policy Affairs. 

 

Transamerica employs nearly 7,000 people. It’s part of Aegon, an integrated, diversified, international financial services group serving approximately 23.9 million customers worldwide.* For more information, visit transamerica.com.  

Job Description Summary

The Head of Strategic Asset Allocation and ALM will own the strategic asset allocation (SAA) framework and guide asset–liability management (ALM) policy. You will be responsible for developing and implementing the asset allocation framework that translates enterprise risk appetite and requirements into actionable portfolio design for the general account and surplus. Drawing on deep collaboration with Actuarial, Finance, Risk, and Product areas, you will turn macro views and liability insights into capital efficient portfolios and executable roadmaps.

Job Description

Responsibilities

  • Lead enterprise strategic asset allocation (SAA) across product segments and the total General Account, including target-setting, constraints, and rebalancing frameworks.
  • Oversee ALM policy, integrating interest‑rate, credit, liquidity, and liability‑driven metrics across IFRS/GAAP/Statutory/Bermuda views.
  • Guide portfolio optimization and surveillance, including look‑through analytics, relative‑value frameworks, and tactical adjustm

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Company

Transamerica

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