Transamerica · 1 day ago
Modeling Manager - ALM (Asset Liability Management )
Cedar Rapids, IA
Full-time
Hybrid
Senior Level, Lead/Staff
$138K/yr - $148K/yr
8+ years expTransamerica is a financial services company that has been serving customers for over a century. The Modeling Manager - Asset Liability Management will be responsible for building and analyzing sophisticated models for insurance products and investments to enhance risk-adjusted returns.
Financial ServicesImpact InvestingInsurance
Responsibilities
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 identify solutions
Apply careful judgment to modeling choices, ensuring decisions are well-justified and defensible
Assess the materiality of various modeling and data choices
Serve as a company-wide expert in at least one specialty
Serve as a resource for colleagues with less experience
Work on advanced research projects
Qualification
Required
Bachelor's degree in a technical/quantitative discipline such as statistics, math, actuarial science, computer science, economics, engineering, or a related business field such as finance
Eight years of modeling experience (or six with Master's degree) with expert knowledge in two or more products such as insurance liability, asset valuation, derivatives modeling, liquidity management, machine learning, or artificial intelligence
Five years of experience in advanced programming or actuarial systems customization
Familiarity with asset liability management practices
Good understanding of investment and finance concepts to creatively solve analytical problems
Leadership skills to manage teams and projects
Preferred
Advanced degree
Programming experience in Python/C++/C# or other advanced languages
Experience with Jira, Confluence, Bitbucket, Jenkins, and Control-M
AXIS/ALFA/MOSES or other actuarial software
Experience with database design and usage
Insurance or asset/derivatives modeling experience
Actuarial science background
QRM or similar asset liability software experience
SAS, R, SPSS, or other statistical software experience
Effectively communicates, both verbally and in writing, advanced mathematical and analytical concepts to various audiences
Works well under pressure and within time constraints to effectively accomplish individual and team objectives
Benefits
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
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
Company
Transamerica
Transamerica is a private holding company that provides services for various life insurance companies and investment firms. It is a sub-organization of Aegon.
5001-10000 employees
H1B Sponsorship
Transamerica has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (39)
2024 (33)
2023 (25)
2022 (52)
2021 (42)
2020 (46)
Funding
Current Stage
Late StageTotal Funding
unknown1999-02-19Acquired
Leadership Team
Will Fuller
Chief Executive Officer
Andrew Yorks
Chief Investment Officer
Recent News
2025-12-21
Company data provided by crunchbase