53 applicants

Company

Transamerica · 9 hours ago

Head of Financial Risk Management

Cedar Rapids, IA

Full-time

Remote

Director/Executive

12+ years exp

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Responsibilities

Ensure financial risks are managed through effective review, constructive challenge, and meaningful discussion with business leaders emphasizing transparent decision-making in alignment with the established risk management framework and governance. Establish productive relationships with risk owners, ensure appropriate data-driven analysis supports decisions, and actively participate in risk governance forums.

Operate in a leadership capacity in alignment with the CRO to communicate appropriate updates on financial risks to key internal and external stakeholders. Maintain a pulse on top financial risks to Transamerica and communicate messages targeted to specific audiences in a relatable, transparent way.

Manage financial risk management staff in meeting department functional goals. Clarify priorities and expectations, empower and guide the team, identify and develop key talent.

Enhance risk modeling capabilities to provider richer and quicker directional insights.

Represent Financial Risk in committees and provide opinion on issues based on independent analysis and insight. Act as a subject matter expert within Risk and a respected partner for the business.

Work closely with global Head of Financial Risk on maintenance of ERM framework, including risk methodology, financial risk policies, and risk strategy in defining risk preference and setting risk limits.

Provide leadership and support to enhance ALM initiatives and help to embed the ALM standards of practice.

Provide oversight of existing ALM practices, including compliance monitoring and independent modelling.

Produce financial risk reporting to governance committees, Boards, and internal/external stakeholders.

Provide expertise and supports the business in analyzing financial risks in asset and product portfolios.

Act as strategic business partner on financial risk topics.

Qualification

Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.

Financial Risk ManagementAsset Liability Management (ALM)Investment Risk ManagementDerivatives KnowledgeInsurance Products KnowledgeInsurance Valuation Principles8 Years Insurance ExperienceAdvanced DegreeProfessional CertificationsInternational Insurance ExperienceContinuous ImprovementGoal Setting Skills

Required

Bachelor’s degree in finance, actuarial, economics, mathematics or related field

12 of experience in financial risk management, financial management, or related area

Eight years of experience in the insurance industry

Knowledge and experience in investment and mismatch risk management, derivatives, insurance products, and insurance valuation principles

Forward thinker able to place risks and decisions in context of strategic impacts and anticipate emerging risks

Ability to understand the audience and craft communications that effectively tell the story

Analytical skills to understand complex problems, frame appropriate questions, and determine when analysis is sufficient to support decisions

Leadership skills to influence at the highest levels and manage relationships throughout the organization

Decision making ability to integrate diverse perspectives to drive best outcome

Integrity to uphold risk management principles and mandates

Ability to challenge conventional practices and pursue continuous improvement

Strong planning, prioritizing and goal setting skills

Preferred

Advanced degree in finance, actuarial, economics, mathematics or related field

Professional certifications (e.g. FSA, CFA)

Background in an international insurance corporate setting

Benefits

Competitive Pay

Bonus for Eligible Employees

Pension Plan

401k Match

Employee Stock Purchase Plan

Tuition Reimbursement

Disability Insurance

Medical Insurance

Dental Insurance

Vision Insurance

Employee Discounts

Career Training & Development Opportunities

Paid Time Off starting at 160 hours annually for employees in their first year of service.

Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).

Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars

Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.

Adoption Assistance

Employee Assistance Program

College Coach Program

Back-Up Care Program

PTO for Volunteer Hours

Employee Matching Gifts Program

Employee Resource Groups

Inclusion and Diversity Programs

Employee Recognition Program

Referral Bonus Programs