Modeling Manager - ALM; Asset Liability Management

Job Family

Treasury, Capital Management and Asset Liability Management

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.

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.

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

The Modeling Manager - Asset Liability Management will build and analyze sophisticated models for insurance products, investments, hedging, and portfolios management to increase company risk-adjusted returns. This person will leverage advanced knowledge of actuarial, financial, statistical, data science, and modeling analytics to develop, test, and validate models for various functions within the company.

• Serve as the technical lead for the Asset Transformation System (ATS), guiding the continuous developments and implementation of innovative solutions.
• Research methodology and refine algorithms for the Strategic Asset Allocation project, actively contributing to the formulation and execution of strategic investment plans.
• Support modeling activities on various insurance liabilities, fixed-income assets, and derivatives in actuarial systems, including AXIS/ALFA/MOSES/TRINITY.
• Model and quantify risks including equity and interest rate sensitivities, cash flow variability, credit, alternative investment, or liquidity risks.
• Collaborate with key stakeholders from business line valuation, ALM, risk management, and financial/risk reporting.
• Lead the team to build efficient models and processes to generate accurate results with minimal guidance.
• Build external or embedded controls to mitigate operating risks in workflows.
• Apply risk management techniques and procedures, including the company's mandated risk methodologies.
• Apply and integrate statistical, mathematical, predictive modeling, and business analysis skills to manage and manipulate complex high-volume data from a variety of sources.
• Interpret internal or external issues and recommend solutions/best practices.
• Solve complex problems by taking a broad perspective to…