Manager, Analytical Reporting & VA Cash Flow Testing

As a Manager of Analytical Reporting & VA Cash Flow Testing at Transamerica, you will manage the VA and RILA cash flow testing functions, ensuring that financial data is accurately prepared and communicated. Your role involves leading a team focused on regulatory reporting and capital requirements, maintaining testing models, and assisting with strategic initiatives such as the Financial Plan and Capital Reforecast. You'll also collaborate with auditors and internal stakeholders to provide necessary documentation and analysis, driving improvements in efficiency and accuracy within the team.

To qualify for the Manager position in Analytical Reporting & VA Cash Flow Testing at Transamerica, candidates should possess a Bachelor’s degree in math, actuarial science, statistics, finance, or a related field. A minimum of seven years of relevant experience is necessary, or five years with a Master’s degree. Strong knowledge of investment and finance concepts, experience with Python, and leadership skills for team and project management are also essential for success in this role.

At Transamerica, we believe in nurturing our employees' potential. As a Manager in Analytical Reporting & VA Cash Flow Testing, you benefit from a comprehensive career training and development program that includes educational workshops, access to professional publications, and personal networking opportunities. We also offer tuition reimbursement and provide a supportive environment that encourages advancement within the financial services industry.

The work environment for a Manager of Analytical Reporting & VA Cash Flow Testing at Transamerica can be either office-based or remote, providing flexibility to our employees. We prioritize a culture of collaboration and professionalism, where all team members contribute towards achieving shared objectives while enjoying a healthy work-life balance. Our open and inclusive workplace encourages individuals to thrive, make impactful decisions, and engage in diversity initiatives.

Transamerica offers a comprehensive benefits package to employees in the Manager, Analytical Reporting & VA Cash Flow Testing role, which includes competitive pay, an annual bonus potential, and various insurance options. Additionally, employees enjoy a pension plan, 401k match, and tuition reimbursement. We also provide generous paid time off, parental leave, wellness programs, and opportunities for career advancement—all designed to support personal and financial well-being.

When answering this question, focus on specific models you've worked with, highlighting your proficiency with Python and MG-ALFA. Discuss challenges you’ve faced during cash flow testing, how you overcame them, and the impact of your contributions on your previous organization’s financial accuracy.

To effectively answer this, share a structured approach you use, such as assessing deadlines, the impact of tasks on team goals, and communication with your team to gain insights. Providing a real-world example can illustrate this well.

Discuss the importance of open communication, regular meetings, and cross-functional collaboration. Mention specific tools or practices you’ve implemented to foster a team-oriented environment, such as feedback sessions or team-building activities.

Use this opportunity to demonstrate your knowledge by detailing a specific regulatory requirement you managed, how you approached it, what analyses were critical, and the final outcomes—this shows your analytical depth.

Outline your mentoring philosophy, emphasizing patience, guidance through practical tasks, and providing resources for self-study. Offer past experiences where you effectively helped grow another's skills and confidence.

Share your process for documenting changes, ensuring all team members understand updates, and monitoring the implementation and impact of changes, emphasizing clarity and communication to overcome resistance.

Advice on discussing your strategies for time management, like breaking tasks into smaller segments and prioritizing urgent responsibilities. Provide an example of a past experience where you successfully met a deadline under pressure.

Mention relevant software like Excel, SQL, or specific financial reporting tools such as MG-ALFA. Explain how these tools help you streamline processes and improve accuracy in reporting.

You should talk about methods you apply for variance analysis, such as comparing against past performance, budgeting targets, or forecasting. Provide insights on how this analysis leads to actionable recommendations.

Highlight a specific project where your leadership or insights led to crucial changes in processes, efficiency improvements, or savings, making sure to quantify your results where possible.