Senior Modeler - Model and System Improvement at Aegon (Baltimore, MD)

| Baltimore, MD
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Job Family
Treasury, Capital Management and Asset Liability Management

Job Description Summary
At Transamerica, our people are our greatest asset - our competitive advantage - enabling us to deliver on our strategic objectives and provide an exceptional experience that is meaningful for our customers and sets us apart. We understand the value in encouraging people to explore their future. Their diverse experience, creativity and commitment that make Transamerica the company we are today.

We're currently seeking a full-time senior modeler responsible to provide critical programming and analytical support in the Asset Liability Management Function's Enterprise Analytics and Reporting team. The ALM team houses the following teams: collateral, investment management, liquidity/cash reporting, and asset modeling. The role will have substantial impact to all these teams and help guide them towards improvement.

The modeler will develop, maintain and improve liquidity stress testing models within the Python platform and support improvements within the general ALM function. The role requires high competency in Python and VBA. The role is currently remote, with a plan for Hybrid model tentatively starting in April 2022. The office location is in the Baltimore inner harbor area.Job Description

  • Work with different ALM teams to understand process and system so the modeler can make improvements
  • Work with audit and vendors to understand and validate regulatory margining rules including using ISDA's Standard Initial Margin Model (SIMM)
  • Ownership of Excel macros used in current production and continue its improvements and maintenance as dictated by business users
  • Completion of a liquidity stress testing framework built entirely in Python
  • Provide updates to management as needed
  • Proactively resolve potential analytical issues with escalation as appropriate
  • Lead action plan development that support the business' strategic direction and goals by developing vision, setting standards and communicating ideas

  • High proficiency in Python, VBA, and SQL
  • Bachelor's degree in mathematics, actuarial science, finance, business, or related field plus 5-10 years of related working experience
  • Strong ability to summarize technical information in emails or calls
  • Must be a self-starter and doer
  • Ability to problem solve or troubleshoot with minimal supervision; ability to troubleshoot code errors
  • Ability to develop models stated in industry papers
  • Understand basic financial product valuations and cash flows including fixed income and derivatives
  • Excellent attention to details

Preferred Qualifications
  • In lieu of Bachelor's degree with 5-10 years of experience, would consider Masters in STEM with 2-5 years of related experience or PhD in STEM
  • Demonstrates high judgment, organization and prioritization skills
  • Graduate degree in mathematics, actuarial science, finance, business, or related field
  • Excellent communication and presentation skills articulating issues and resolutions
  • Excellent project management or process visualization skills
  • Works well under pressure and within time constraints to effectively accomplish individual and team objectives.
  • Experience with process transformation projects and database design and usage
  • Understanding of ALM concepts such as hedging, liquidity, cash flow processes
  • Actuarial Science background

Work Conditions
  • Office environment, option for hybrid work.

What You Receive:
  • A Comprehensive Wealth + Health package. It's our passion to empower people, and especially our employees, to add years to their lives and more life to their years. That means a healthy account balance and a healthy body to match. As you'll come to discover, Wealth + Health is a central part of everything we do!
  • Wealth Benefits; Competitive Pay, Bonus, and Benefits Package; Pension Plan, 401k Match, Employee Stock Purchase Plan, Tuition Reimbursement, Disability Insurance, Stock Purchase Plan, Employee Discounts, Career Training & Development Opportunities, Certification Sponsorship
  • Health and Work/Life Balance Benefits; Be Well Company sponsored holistic wellness program which includes Wellness Coaching and reward dollars, Parental Leave, Adoption Assistance, Employee Assistance Program, College Coach Program, Back-up Care Program, Paid Time Off to Volunteer, Employee Matching Gifts Program, Employee Resource Groups, Inclusion and Diversity Programs, Employee Recognition Program

Our commitment to inclusion & diversity means that we value differences. We encourage the unique perspectives of individuals and are dedicated to creating a respectful and inclusive work environment.

Why Work for Us

Total Rewards at Transamerica: It's more than a paycheck.

Our comprehensive Total Rewards package is designed to help support you in many ways - throughout all stages of your life and career. We provide a competitive, market-driven program that encompasses base compensation, bonus potential, retirement, health and wellness benefits, learning and development opportunities, plus great employee perks. All designed with you in mindto help you live your best life, grow personally and professionally - and feel valued for the work you do.

Learn more about our Total Rewards Package.

Equal Opportunity Employer:

Transamerica Life Insurance Company is an Equal Employment Opportunity employer and does not discriminate against any applicant or employee because of age, religion, sex, gender identity, genetic information, race, color, national origin, pregnancy, sexual orientation, marital status, participation in the uniformed services (e.g. U.S. Armed Forces, National Guard), physical or mental disability, or any other status protected by federal, state, or local equal employment opportunities laws.

Applicants with physical or mental disabilities may be entitled to a form of reasonable accommodation under the Americans with Disabilities Act and certain state and local laws. A reasonable accommodation is a change in the way things are normally done which will insure equal employment opportunity without imposing undue hardship on the Transamerica Companies. Please contact: [email protected] if you are a job seeker with a disability, or are assisting someone with a disability, and require assistance to apply for one of our jobs.

Ontario Applicants:

Our Company is committed to providing accessibility to those with disabilities in a manner that is consistent with the principles of independence, dignity, integration and equality of opportunity, that is in compliance with the Accessibility for Ontarians with Disabilities Act 2005 ("AODA"). Please contact [email protected] if you are a job seeker with a disability, or are assisting someone with a disability, and require assistance to apply for one of our jobs.

Technical Assistance:

If you experience technical problems during the application process, please email [email protected]
More Information on Aegon
Aegon operates in the Fintech industry. The company is located in Baltimore, MD and Atlanta, GA. Aegon was founded in 2022. It offers perks and benefits such as Dental Benefits, Vision Benefits, Health Insurance Benefits, Remote Work Program. To see all 6 open jobs at Aegon, click here.
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