Portfolio Management Analyst

Transamerica

Supports institutional fixed income portfolio management through investment analysis, regulatory capital evaluation, and cross-functional collaboration. Focused on delivering strategic asset allocation and deployment planning.

Posted 6/4/2026full-timeCedar Rapids • Iowa, Pennsylvania • 🇺🇸 United StatesJunior💰 $79,000 - $95,000 per yearWebsite

About the role

Key responsibilities & impact

Build and maintain analytical models for asset selection, relative value assessment, spread analysis, cash flow projections, deployment planning, and scenario analysis
Conduct sector, issuer, and market research to support portfolio construction, rebalancing, and capital allocation decisions across liability-backed portfolios
Support medium-term plan development, strategic asset allocation execution, and deployment projections through data preparation, quantitative analysis, and presentation materials for senior leadership and board audiences
Monitor portfolio positioning against investment mandates and approved guidelines, track risk limit utilization and flag deviations from the strategic asset allocation framework
Assist in the preparation of investment memos, due diligence materials, and governance documentation for new and existing fixed income investments
Support identification, evaluation, and selection of external investment managers, including investment and operational due diligence, documentation review, track record analysis, and reference calls
Monitor external manager performance, attribution, and compliance with fund terms; maintain manager tracking tools and reporting dashboards
Develop working knowledge of insurance regulatory capital frameworks, including National Association of Insurance Commissioners (NAIC), risk-based capital, statutory accounting, International Financial Reporting Standards (IFRS) and General Accepted Accounting Principles (GAAP)
Coordinate with actuarial, risk, accounting policy, and derivatives teams on investment approvals, pricing strategy inputs, cash flow testing, and governance requirements
Build and maintain portfolio analytics, dashboards, and tracking tools using Excel, Bloomberg (including BQL), Aladdin, Clearwater, and available data platforms
Contribute to process improvement and documentation initiatives

Requirements

What you’ll need

Bachelor’s degree in a quantitative discipline
1-2 years of relevant experience in fixed income investment analytics, insurance investments, or institutional asset management
Experience in a front‑office investment role at a bank, hedge fund, asset management firm, or insurance company
Proficient in Excel
Experience using Bloomberg, BlackRock Aladdin, and Clearwater Analytics
Strong analytical skills with the ability to translate analysis into clear, actionable recommendations

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

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Applicant Tracking System Keywords

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Hard Skills & Tools

analytical modelsquantitative analysiscash flow projectionsspread analysisportfolio constructionrisk limit utilizationinvestment memosdue diligenceperformance attributionprocess improvement

Soft Skills

strong analytical skillscommunicationpresentation skillscollaborationattention to detail