Job Family
IT Operations
About Us
At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential of 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.
Who We Are
We believe everyone deserves to live their best life. More than a century ago, we were among the first financial services companies in America to serve everyday people from all walks of life .
Today, we're part of an international holding company, with millions of customers and thousands of employees worldwide. Our insurance, retirement, and investment solutions help people make the most of what's important to them.
We're empowered by a vast agent network covering North America, with diversity to match. Together with our nonprofit research institute and foundation, we tune in, step up, and are a force for good - for our customers and the communities where we live, work, and play. United in our purpose, we help people create the financial freedom to live life on their terms.
What We Do
Transamerica is organized into three distinct businesses. These include 1) World Financial Group, including Transamerica Financial Advisors, 2) Protection Solutions and Savings & Investments, comprised of life insurance, annuities, employee benefits, retirement plans, and Transamerica Investment Solutions, and 3) Financial Assets, which includes legacy blocks of long term care, universal life, and variable and fixed annuities. These are supported by Transamerica Corporate , which includes Finance, People and Places, General Counsel, Risk, Internal Audit, Strategy and Development, and Corporate Affairs, which covers Communications, Brand, and Government and Policy Affairs.
Transamerica employs nearly 7 ,000 people. It's part of Aegon, an integrated, diversified, international financial services group serving approximately 23.9 million customers worldwide. * For more information, visit transamerica.com .?
Job Description Summary
The Head of Finance and Financial Assets Technology provides leadership and direction in the design and development of integrated processes, applications, security, data, and technology solutions to overcome business challenges and meet Transamerica's strategic objectives, overseeing our critical financial platforms including financial reporting, hedging, trading systems, and reinsurance administration. This executive role requires both deep technical expertise and strong leadership to standardize and automate platforms with legacy technical environment while accelerating our financial strategies. You'll drive cost reduction through modern cloud architecture while ensuring stability, security, and regulatory compliance. This role will lead the IT strategy and support for our Finance department, Financial Assets business unit, and all corporate functions.
Job Description
Responsibilities:
Provide leadership and direction in designing and developing integrated processes, applications, security, data, and technology solutions to overcome business challenges and meet Transamerica's strategic objectives.
Lead large-scale modernization projects and teams effectively, ensuring alignment and execution across the organization and with strategic partners
Standardize services to ensure integrated architecture and security across interdependent technologies and evaluate IT capabilities against business needs.
Oversee stakeholder management, demand and capacity management, and current state analysis.
Ensure financial systems meet all business and regulatory requirements while maintaining high availability for mission-critical platforms
Address the financial, actuarial, hedging, policy administration, and operational system needs of the organization to ensure comprehensive support for all business functions
Work with senior business and IT leaders, Transamerica management board, and regulators across multiple locations to manage Transamerica's IT strategy and architectural principles.
Present comprehensive data and information to company leaders, providing insight on business direction and capabilities.
Build, lead, and manage high-performing teams, fostering a collaborative and inclusive work environment.
Demonstrate strong vendor management skills, both onshore and offshore, to ensure effective collaboration and delivery of services
Direct staff in assessing the compatibility and integration of products.
Standardize services to ensure integrated architecture across interdependent technologies and evaluating IT capabilities against business needs.
Oversee stakeholder management, demand and capacity management, and current state analysis.
Design, manage and monitor operation metrics and execute strategic programs to meet organizational goals for both run and change technology programs
Work with senior business and IT leaders, Transamerica management board, and regulators across multiple locations to manage Transamerica's IT strategy and architectural principals.
Present comprehensive data and information to company leaders, providing insight on business direction and capabilities.
Qualifications:
15+ years of technology leadership experience with demonstrable success in financial services applications
Deep technical knowledge of financial systems architecture including financial reporting, trading platforms, actuarial systems, and reinsurance administration
Proven record of reducing technology operating expenses while maintaining or improving service levels
Experience leading technology transformation of legacy financial platforms
Strong vendor management skills with experience optimizing onshore/offshore delivery models
Bachelor's in Computer Science, Information Systems, or a related field
Ten years of strategic planning experience
Proven experience in building strong working relationships with executive leaders.
Leadership ability to drive alignment and execution across the organization
Solid understanding of business principles, organizational design, change management, etc.
Large scale technology budget experience
Preferred qualifications:
Master's degree in technology, finance, or business administration
Experience with cloud migration of financial and actuarial systems
Knowledge of insurance industry financial operations and regulatory requirements
Track record of implementing data and AI solutions to drive business insights
Deep understanding of the financial services industry
Working Conditions:
Hybrid Office environment (Cedar Rapids or Philadelphia)
Frequent travel
Compensation:
The Salary for this position generally ranges between $230,000 - $310,000 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) 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.
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.
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 Em ployees
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 s ervice 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
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 - sponsor ed, 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 (https://www.transamerica.com/why-transamerica/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.? ?
Transamerica's Parent Company?
Aegon (http://www.aegon.com/) acquired the Transamerica business in 1999. Since its start in 1844, Aegon has grown into an international company serving more than 23.9 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. ?
As of December 31, 2023
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 A egon , an integrated, diversified, international financial services group . The A egon companies employ over 2 1,500 people and have approximately 31.7 million customers . * For more information, visit ? www.transamerica.com .
As of December 31, 2022
For more information about Transamerica's privacy practices, click here. (https://transamerica.com/sites/default/files/files/e070d/job\app\0123.pdf)
