Portfolio Management Analyst 3.5 3.5 out of 5 stars Cedar Rapids, IA Hybrid work $79,000
- $95,000 a year
- Full-time Transamerica 1,621 reviews $79,000
- $95,000 a year
- Full-time 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 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 Supports institutional fixed income portfolio management through investment analysis, regulatory capital evaluation, and cross functional collaboration within an insurance general account framework. Job Description Responsibilities 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. Qualifications 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 Preferred Qualifications Chartered Financial Analyst (CFA) or Associate of the Society of Actuaries (ASA) designation Understanding of insurance asset management and asset liability management concepts Familiarity with NAIC risk‑based capital, statutory accounting, GAAP, and IFRS considerations Working knowledge of fixed income analytics, including duration, option‑adjusted spread, yield metrics, convexity, liquidity, prepayments, and defaults Experience with general account investment assets, including fixed income securities, asset‑backed securities, and alternative investments Ability to query, join, and analyze large data sets to create repeatable analytical processes Some exposure to the use of AI to support research, process improvement, and efficiency Working Conditions Office Environment Occasional Travel
