Job Family
Finance - General
About Us
At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential unleashed by 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.
Transamerica is a part of Aegon, an integrated, diversified, international financial services group. The Aegon companies employ over 21,500 people and have approximately 31.7 million customers.* For more information, visit
www.transamerica.com.
Who We Are
Transamerica has been making financial services available to the many, not just the few, for more than 100 years. We’re a leading provider of life insurance, retirement, and investment solutions, serving millions of customers throughout the United States. Transamerica’s dedicated professionals focus on helping people live their best lives through saving, investing, and protecting their loved ones. Transamerica is dedicated to building America’s leading middle market life insurance and retirement company, providing a broad range of quality individual life insurance policies, workplace supplemental insurance benefits, workplace retirement plans, individual retirement accounts, and investment products, including mutual funds, annuities, stable value solutions, as well as investment management services.
What We Do
Transamerica is organized by lines of business (Life Insurance, Annuities, Mutual Funds, Retirement Plans, and Employee Benefits), which are supported by Transamerica Corporate (Corporate Development; Finance; Internal Audit; Legislative, Regulatory & Policy; Office of the CEO; People and Places; Brand; Corporate Affairs; Risk; and Technology).
Job Description Summary
This is a role responsible for providing technical accounting guidance related to Transamerica's Investment Reporting & Disclosures. Will serve as a technical resource on Investment assets and derivatives under IFRS, Statutory, US GAAP, and Solvency II. This role offers a high level of responsibility and visibility while also offering the chance to influence and set direction.
Job Description
Responsibilities:
- Monitoring of developing accounting pronouncements and implementation of new accounting and disclosure guidance under IFRS, Statutory, US GAAP and Solvency II
- Accounting Research - reading guidance & applying it as part of creating or reviewing an accounting or reporting position for unique asset / derivative types or transactions
- Organization and maintenance of US Accounting Policy Manual for Investments
- Drafting and/or updating accounting & reporting policies and position papers for Investment assets and derivatives under all bases of accounting
- Work with other departments / divisions to ensure business issues are resolved for the success of the Company
- Error / Issue paper creation or review, including root cause analysis & remediation plan (including recommended control updates)
- Point of contact with external auditor, US Corporate Accounting policy, Group Accounting Policy, and internal controls
- Assist with quarterly or annual reporting
Specific topical examples include:
- Asset categorization and classification for reporting purposes
- Materiality assessments related to errors & issue papers
- Consolidation assessment (e.g., IFRS 10) of partially owned investments (joint ventures, unique structures)
- Achieving hedge accounting under IFRS, Statutory, and/or US GAAP on new or contemplated hedge programs
Qualifications:
- Bachelor’s degree in Accounting or Finance and/or equivalent work experience.
- Minimum of 5 years experience, with degree.
- Advanced computer skills.
Preferred Qualifications:
- Solid knowledge of accounting/financial area preferred (for example, investments, insurance products, premium).
- Ability to effectively communicate orally and in writing, ability to handle multiple projects, customer service approach, willingness to take on new projects, analytical.
- Work effectively individually and within a team; organizational and prioritization skills.
Working Conditions:
- Fast paced deadline-driven office environment, occasional travel.
- Commuting Remote employees will need to report to a Company office location at times, but will perform their work primarily remotely.
Compensation
The Salary for this position generally ranges between $75,000 - $90,000 annually. This range is an estimate, based on potential qualifications and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.
Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at Company discretion.
What We Offer
For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.
Compensation Benefits
- Competitive Pay
- Bonus for Eligible Employees
Benefits Package
- Pension Plan
- 401k Match
- Employee Stock Purchase Plan
- Tuition Reimbursement
- Disability Insurance
- Medical Insurance
- Dental Insurance
- Vision Insurance
- Employee Discounts
- Career Training & Development Opportunities
Health and Work/Life Balance Benefits
- 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
- Peer Recognition Program (BRAVO)
Inclusion & Diversity
We believe our commitment to diversity and inclusion creates a work environment filled with exceptional individuals. We’re thrilled to have been recognized for our efforts through the Human Rights Campaign Corporate Equality Index, Dave Thomas Adoption Friendly Advocate, and several Seramount lists, including the Inclusion Index, 100 Best Companies for Working Parents, Best Companies for Dads, and Top 75 Companies for Executive Women.
Giving Back
We believe our responsibilities extend beyond our corporate walls. That's why we created the Aegon Transamerica Foundation in 1994. Through a mix of financial grants and the volunteer efforts of our employees, the foundation supports nonprofit organizations focused on the things that matter most to our people in the communities where we live and work.
For more information, visit Aegon Transamerica Foundation.
