Senior Manager - ALM Modeling

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 Senior Manager, Modeler – ALM Modeling will lead the development of asset-liability modeling frameworks and build robust “what-if” analysis capabilities across life and annuity product lines. This role supports valuation, risk management, and strategic decision-making across Finance, including the Chief Actuary and CFO teams. The ideal candidate will bring deep expertise in insurance liabilities, actuarial valuation metrics, and general account investment modeling, with strong knowledge of statutory and international financial reporting standards.

Job Description

Responsibilities:

• Design, build, and maintain ALM proxy models to support valuation, capital, and strategic planning initiatives

• Lead modeling efforts under statutory, IFRS, and economic capital frameworks

• Analyze interest rate risk using key rate durations, cash flow matching, and liquidity risk metrics

• Understand and apply economic capital metrics, including required capital frameworks

• Be familiar with advanced financial risk tools such as illiquidity premiums, expected credit loss (ECL) models under IFRS 9, economic scenario generators (ESG), and related tools

• Model general account investment strategies including fix