Responsibilities
- Service as the financial advisor to Senior Leaders running the Employee Benefits business providing guidance and financial perspective in support of achieving the growth and profitability goals
- Interact with CFO and senior leaders within each functional area in Finance and participate in decisions impacting the broader Finance function.
- Lead the integrated financial planning process for Employee Benefits, including sales, premium, earnings, expenses, capital, and new-business value across the annual budget, multi-year plan, and recurring forecasts; identify key risks and opportunities and recommend management actions.
- Lead analysis of product and portfolio economics, including pricing, underwriting performance, claims trends, expense allocation, new-business profitability, in-force returns, capital efficiency, and product mix; partner with business leaders to develop and monitor corrective actions.
- Own the financial performance narrative for Employee Benefits, ensuring executive reporting clearly explains underlying business drivers, emerging trends, variances to plan, forecast implications, and required management actions.
- Present financial performance, outlook, strategic analyses, and recommendations to Employee Benefits leadership, senior Finance leadership, and relevant management and governance committees.
- Coordinate across Product, Pricing, Actuarial, Sales, Distribution, Operations, Accounting, Investments, Risk, and enterprise Finance functions to ensure business assumptions, financial projections, and management actions are aligned and appropriately reflected in financial results.
- Serve as the escalation point when action is needed from other departments and third parties.
- Oversee performance management ratings, goals, and priorities; make merit and bonus decisions.
- Represent Employee Benefits at applicable governance committees
Qualifications
- Bachelor’s degree in accounting or finance, or equivalent experience
- 15 years of accounting/finance experience including ten years of management experience
- Extensive knowledge of the Employee Benefits business, including Life, Supplemental Health and other Medical Gap products and associated economics
- Experience with GAAP and Statutory Accounting principles associated with an Employee Benefits business
- Strong leadership skills and business acumen
- Demonstrated success influencing senior business leaders and converting complex analysis into clear recommendations
- Experience leading multi-year planning, forecasting, scenario analysis, and executive performance reporting
- Ability to effectively communicate, orally and in writing, to diverse audiences
- Organizational and prioritization skills
- Advanced computer skills in MS Office, Excel and financial business systems
Preferred Qualifications
- CPA/advanced degree
Working Conditions
- Hybrid Office Environment
Compensation
The Salary for this position generally ranges between $220,000 - $265,000 annually. Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) 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 the Company’s discretion.
Applicants must possess legal authorization to work for our company in the U.S. without the need for immigration, sponsorship or otherwise serving as an employer of record for immigration employment purposes. At this time, this role is not eligible for immigration-related employment authorization sponsorship.
This is a hybrid position requiring three days in office per week in one of our hub locations (Philadelphia, Cedar Rapids). Relocation assistance will not be provided for this position.
Disclaimer:
Beware of fake job offers!
We’ve been alerted to scammers impersonating Transamerica recruiters, particularly for remote positions. Please note:
- We will never request personal information such as ID or payment for equipment upfront.
- Official offers are sent via DocuSign following a verbal offer—not through text or email.
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 to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.