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Jobs · Finance · Pennsylvania

Head of Alternative Investments

Transamerica · Philadelphia, PA · 1 wk ago
FinanceFull-time

About the role

Reporting to the CIO, this role will manage and optimize a portfolio of alternative investments within the General Account ensuring strategy execution, portfolio construction, and performance oversight align with enterprise investment objectives, risk appetite, and liability profile.

Responsibilities

  • Develop and execute investment strategies across alternative asset classes aligned with portfolio objectives and capital strategy.
  • Lead portfolio construction, asset allocation, and optimization decisions across alternative investments.
  • Source, evaluate, diligence, and select third-party asset managers and investment partners.
  • Oversee external manager onboarding, governance, and ongoing compliance with investment guidelines and mandates.
  • Analyze investment opportunities across alternative strategies and recommend transactions that support risk and return objectives.
  • Structure and evaluate complex transactions and investment vehicles, including terms, risks, and operational considerations.
  • Monitor performance, risk exposures, and key return drivers using portfolio analytics and modeling; identify underperformance risks and recommend corrective actions.
  • Prepare quarterly and ad hoc portfolio performance and risk reporting for senior leadership and key stakeholders.
  • Conduct benchmarking, market, and sector analysis to inform investment decisions and portfolio strategy.
  • Lead, coach, and develop team members and support other portfolio managers as needed.

Qualifications

  • Bachelor’s degree in finance, economics, business, or related field
  • Twelve years of experience in alternative investments, investment management, or related financial services roles
  • Leadership experience in portfolio management with understanding of alternative investment strategies
  • Strong analytical, communication, and stakeholder management skills
  • Proficient in financial modeling, data analysis, and portfolio management and analytics tools, including Microsoft Excel

Preferred Qualifications

  • Experience within a United States life insurer investment organization
  • Experience investing in asset managers, including ownership stakes or strategic partnerships
  • Master of Business Administration (MBA)
  • Charted Financial Analyst (CFA)
  • Chartered Alternative Investment Analyst (CAIA)

Working Conditions

Office Environment Occasional extended hours during peak reporting cycles or time-sensitive transactions Moderate (10-25%) travel Travel for internal leadership meetings, manager due diligence, and key stakeholder engagement

What We Offer

  • 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
  • Payroll Deduction for Volunteering
  • Wellness Coaching
  • Reward Dollars
  • Parental Leave
  • Adoption Assistance
  • Employee Assistance Program
  • Back-Up Care Program
  • PTO for Volunteer Hours
  • 10 Paid Holidays
  • Be Well Company holistic wellness program
  • Employee Resource Groups
  • Inclusion & Diversity Programs
  • Employee Recognition Program
  • Referral Bonus Programs

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 160 hours of PTO annually for employees in their first year of service. 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 160 hours of PTO annually for employees in their first year of service. 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 160 hours of PTO annually for employees in their first year of service. 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 160 hours of PTO annually for employees in their first year of service. 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 160 hours of PTO annually for employees in their first year of service. 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 160 hours of PTO annually for employees in their first year of service. 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 160 hours of PTO annually for employees in their first year of service. 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 160 hours of PTO annually for employees in their first year of service. 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 160 hours of PTO annually for employees in their first year of service. 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 160 hours of PTO annually for employees in their first year of service. 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 160 hours of PTO annually for employees in their first year of service. 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 160 hours of PTO annually for employees in their first year of service. 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 160 hours of PTO annually for employees in their first year of service. 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 160 hours of PTO annually for employees in their first year of service. 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 160 hours of PTO annually for employees in their first year of service. 10 paid holidays

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