Senior Risk Analyst – Annuities

Transamerica

Senior Risk Analyst working on financial reporting for variable annuity products at Transamerica. Collaborating with actuarial, finance, and risk management teams to ensure accurate reporting.

Posted 4/22/2026full-timeCedar Rapids • Iowa, Maryland • 🇺🇸 United StatesSenior💰 $95,000 - $120,000 per yearWebsite

About the role

Key responsibilities & impact

Execute complex risk analysis, modeling, and reporting activities supporting IFRS 17 and U.S. GAAP frameworks for VA/RILA products.
Quantify and analyze key risks, including equity market risk, interest rate risk, cash flow variability, credit risk, liquidity risk, and hedging impacts, with emphasis on their financial reporting implications.
Support the production, validation, and interpretation of IFRS 17 results, including drivers of movement, sensitivities, and disclosure support.
Provide analytical support for GAAP conversion processes.
Partner with actuarial modeling, ALM, finance, and investment teams to assess model results, assumptions, and controls impacting financial statements.
Effectively communicate complex analytical results to team leaders through clear documentation, presentations, and executive‑level summaries.

Requirements

What you’ll need

Requires an advanced degree in math, actuarial science, statistics, related science field, finance, or related business field OR Bachelor’s Degree plus FSA/CFA/Equivalent Designation or Bachelor’s Degree plus 5 years’ experience.
Candidates without a designation should be making progress towards an FSA, ASA, FRM, CFA or similar designation.
Must possess good understanding of investment and finance concepts, and be able to creatively apply them in solving analytical problems in the business setting.
Must possess excellent communication skills.
Direct experience with IFRS 17 reporting, implementation, or ongoing production support is preferred.
Strong knowledge of VA/RILA products, capital markets, and derivatives is preferred.
Familiarity with U.S. GAAP (LDTI) reporting is a plus.
Experience working in a controlled reporting environment, including documentation, governance, and audit support is preferred.

Benefits

Comp & perks

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
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

ATS Keywords

✓ Tailor your resume

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools

risk analysismodelingreportingIFRS 17U.S. GAAPfinancial reportingGAAP conversionanalytical supportcapital marketsderivatives

Soft Skills

communicationdocumentationpresentationanalytical problem solving

Certifications

FSACFAASAFRM