Lead Specialist, Financial Analysis - Consolidated Expense Management

Job Family

Finance - General

Job Description Summary

This senior level role provides direct analytical, operational, and strategic support to the Chief Investment Officer (CIO) while serving as the central consolidation lead for enterprise wide expense reporting. Operating within Corporate Finance FP&A, this role ensures the CIO’s office receives high quality insight, forward looking projections, and strategic decision support while also driving disciplined, accurate, and timely expense consolidation across all business units.
The ideal candidate brings exceptional financial acumen, advanced technical and analytical capability, strong understanding of insurance and investment operations, and the ability to effectively communicate complex financial information to senior executives.

Job Description

Responsibilities:

Support the Chief Investment Officer:

• Serve as the primary financial and analytical partner to the CIO, providing reporting, insights, and decision support for Investment Office operations.

• Develop scenario models, forward‑looking projections, and earnings‑impact analyses related to investment operations and long‑term strategy.

• Maintain deep understanding of CIO‑related expense drivers, headcount, technology spend, vendor costs, and allocated expenses.

• Prepare executive‑level content and messaging that translates complex data into clear, actionable insights.

Report on Consolidated Transamerica Expenses:

• Own the monthly enterprise expense consolidation process across all business units.

• Build and maintain a consistent expense classification framework (controllable vs. non‑controllable; fixed vs. variable).

• Deliver consolidated expense analysis for Monthly Business Reviews (MBR) and Quarterly Business Reviews (QBR).

• Partner with FP&A and business finance teams to ensure alignment of reporting standards, methodologies, and accuracy.

Enhance Enterprise Insights & Forward-Looking Capabilities:

• Provide enterprise‑level risk and opportunity analyses across Operating Expense.

• Develop forecasting tools and dashboards that increase transparency and support senior‑level decision making.

Qualifications:

• Bachelor’s degree in accounting or finance, or equivalent experience

• Ten years of financial analysis experience, including work in the insurance, financial services or investment management industry

• Expense Management Expertise: Strong understanding of budgeting, forecasting, variance analysis, and tracking expenses on a run, grow, and transform basis.

• Insurance Industry Financial Acumen: Understanding of Statutory and GAAP accounting principles, expense treatment, and impacts to capital.

• Investment Operations & Finance Knowledge: Familiarity with portfolio management concepts and how expenses (direct and allocated) support the Investment organization.

• Executive Presence: Ability to clearly communicate with senior leaders; strong experience preparing materials for leadership meetings and committees.

• Advanced Data Analysis Skills: Expertise with Excel and Power BI; ability to build dashboards and models for senior leaders.

• Technology & Systems Experience: Prior experience with Oracle, data visualization tools, enterprise data repositories, and IBOR investment systems.

Preferred Qualifications:

• Experience supporting an Investment Office, Asset Management, Treasury, or comparable financial function.

• Experience in insurance, annuities, or broader financial services.

• MBA, CPA, CFA, or similar advanced credentials.

• Experience with financial systems transformation, forecasting redesign, or modernization.

• Experience with Anaplan and Essbase

Working Conditions:

• Hybrid (Tuesday - Thursday)

Compensation:

The Salary for this position generally ranges between $128,000 - $170,000 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.

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.

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 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

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-sponsored, 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 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 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