Investment Strategy Senior Portfolio Strategist (Hybrid)

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
As a key investment professional within the Investment Strategy team of the Chief Investment Office (CIO), support the design, management, and oversight of customized insurance investment portfolios. Partner across disciplines to translate client objectives, balance sheet constraints, liability considerations, and regulatory requirements into actionable portfolio strategies and investment decisions across the Transamerica general account.
Job Description
Responsibilities:
Assist in managing the General Account liquidity position, including cash forecasting and planning to support ongoing funding and liquidity needs.
Collaborate with cross-functional teams to evaluate, structure, and implement portfolio optimization initiatives, including portfolio transfers, derivative unwind transactions, and other strategic actions.
Lead the review and approval process for portfolio transfer proposals, ensuring transactions are optimized and aligned with established investment and risk management guidelines.
Support the benchmark-setting process by contributing to the development and maintenance of tactical asset allocation targets for investment portfolios.
Partner with investment strategy and portfolio management teams to lead and execute large-scale strategic initiatives across asset classes and product portfolios.
Contribute as both a collaborative team member and independent lead on strategic investment initiatives, business process improvements, and other ad hoc assignments.
Prepare investment-related presentations, analyses, and communications in support of business development efforts and client Request for Proposal (RFP) responses.
Manage and collaborate on quarterly investment reporting processes, ensuring accurate and timely analysis, documentation, and communication of portfolio activity.
Qualifications:
Bachelor’s degree in business, finance or relevant field
Six years of fixed income trading or portfolio management experience, preferably within the insurance industry
Broad knowledge of most asset classes/sectors, such as corporates, public and private mortgage-backed securities, commercial and residential mortgage loans, and public and private high yield
Broad knowledge of fixed income portfolio management techniques
Familiarity with asset-liability management for life insurance companies and life insurance products
Strong analytical and quantitative skills, including experience evaluating portfolio risk, duration, liquidity, and asset allocation tradeoffs
Advanced proficiency in Excel and experience developing financial models and portfolio analytics
Experience working collaboratively with portfolio managers, actuaries, risk professionals, and senior investment leadership to support strategic decision-making
Ability to communicate complex investment concepts and portfolio recommendations to both technical and non-technical stakeholders
Preferred Qualifications:
Actuarial experience
MBA, CFA, and/or FSA
Compensation:
The Salary for this position generally ranges between $135,000 - $175,000 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.
Working Conditions:
This is a hybrid position requiring three days in office per week in our Cedar Rapids, IA location.
Occasional Travel <10% as needed.
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.
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 in order 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-