This listing was posted on Professional Diversity Network.
Financial Operations Contract Analyst
Location:
Baltimore, MD
Description:
Job Family Investment Management 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 The Financial Operations Contract Analyst conducts daily processing of financial transactions, contract maintenance and analysis. This person will process requests related to administering contractual terms and plan reviews. This team is focused on the Synthetic GIC product. Job Description Responsibilities: Process deposit and withdrawal transactions. Analyze deposit and withdrawal trends to ensure the terms of the contract are not breached.Process monthly market value, yield, and duration for each contract for valuation and risk reporting.Process fee receipts. Understand contractual fee structure and payment method to ensure appropriate calculation, billing, reconciliation, and collection of fee income.Maintain and update contacts in the administrative system to ensure that appropriate individuals are receiving month-end statements and fee invoices.Maintain and update plan information in the underwriting administration system. Qualifications: Bachelor's degree in economics, finance, accounting, mathematics, computer science or relevant field.Aptitude for actuarial, financial and investment concepts to conduct root cause analysis and business analysis.Attention to detail to follow procedures and ensure accuracy in documentation and data.Problem-solving skills to analyze processes and apply systems thinking to generate solutions.Proficiency with MS Excel or other tools to extract and analyze data and report results. Preferred Qualifications: Experience working in investment operations or investment accounting/analysis.Knowledge of contract terms, allowable transactions and compliance activities.VBA coding, macro experience.Knowledge of Synthetic GIC or Stable Value Solutions Working Conditions: Hybrid employees will need to work at a Company office location at times and a remote work location (typically their home) at times. Location: Baltimore, MD **Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to applicable pay transparency and compensation posting laws. It is estimated based on what a successful candidate might be paid in certain Company locations.** * Compensation: The salary for this position generally ranges between $57,000-$70,000 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. Bonus Eligibility: This position is also typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at Company Discretion. This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation in order to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request. 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 MatchEmployee Stock Purchase PlanTuition ReimbursementDisability InsuranceMedical InsuranceDental InsuranceVision InsuranceEmployee DiscountsCareer Training & Development OpportunitiesHealth 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 AssistanceEmployee Assistance ProgramCollege Coach ProgramBack-Up Care ProgramPTO for Volunteer HoursEmployee Matching Gifts ProgramEmployee Resource GroupsInclusion and Diversity ProgramsEmployee Recognition ProgramReferral Bonus ProgramsPeer Recognition Program (BRAVO)* As of December 31, 2022 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. To foster a culture of inclusivity throughout our workforce, workplace, and marketplace, Transamerica offers a wide range of diversity and inclusion programs. This includes our company-sponsored, employee-driven Employee Resource Groups (ERGs), which are formed around a shared interest or a common characteristic of diversity. ERGs are open to all employees. They provide a supportive environment to help us better appreciate our similarities and differences and understand how they benefit us all. 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. https://www.transamerica.com/why-transamerica/aegon-transamerica-foundation Transamerica's Parent Company Aegon acquired the Transamerica business in 1999. Since its start in 1844, Aegon has grown into an international company serving more than 29.5 million people across the globe. It offers investment, protection, and retirement solutions, always with a clear purpose: Helping people live their best lives. As a leading global investor and employer, the company seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion and diversity. PDN-9be798a1-1f6f-4829-b452-63ffc04a34d2
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More About this Listing: Financial Operations Contract Analyst
Financial Operations Contract Analyst is a Other Jobs Analyst Job at Transamerica located in Baltimore MD. Find other listings like Financial Operations Contract Analyst by searching Oodle for Other Jobs Analyst Jobs.
Financial Operations Contract Analyst is a Other Jobs Analyst Job at Transamerica located in Baltimore MD. Find other listings like Financial Operations Contract Analyst by searching Oodle for Other Jobs Analyst Jobs.