Senior Director, Capital 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.

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.

Who We Are

Transamerica is organized into three distinct businesses: 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, covering Communications, Brand, and Government and Policy Affairs. Transamerica employs nearly 7,000 people and is part of Aegon, an integrated, diversified, international financial services group serving approximately 23.9 million customers worldwide.

Responsibilities

• Lead management of consolidated balance sheets, including financial leverage, holding liquidity, free cash flow, and capital position.
• Develop and oversee capital structure and capital allocation analysis, including multi-year capital forecasting and scenario modeling, and maintaining a toolbox to support solvency when needed.
• Advise senior management on capital returns to shareholders, issuances and redemptions of financial leverage, remittances from business units, capital allocation decisions, and capital optimization strategies.
• Provide oversight and direction for enterprise capital management reporting and analytics.
• Monitor adherence to capital management policies across business units and evaluate capital-related risks and business initiatives.
• Deliver monthly and quarterly capital management reporting to executive and board-level stakeholders in partnership with financial planning and analysis teams.
• Partner with treasury, risk management, investor relations, corporate development, and finance leadership to support enterprise financial objectives.
• Guide analytical support for business and multi-year planning, quarterly business reviews, and performance review processes.
• Lead and develop capital management talent, including setting priorities and performance expectations.

Requirements

• Bachelor’s degree in finance, accounting, economics, actuarial science, business, or a related field.
• 12+ years of experience in capital management, financial planning & analysis, or balance sheet management within insurance or financial services.
• Advanced knowledge of capital frameworks, balance sheet management, and capital instruments.
• Strong understanding of regulatory capital requirements, including U.S. statutory accounting and NAIC RBC principles.
• Experience preparing and presenting financial and capital analysis for senior leadership and board audiences.
• Advanced proficiency in financial modeling, forecasting, and capital analytics tools.
• Strong proficiency in Microsoft Excel, PowerPoint, and financial reporting systems.

Preferred Qualifications

• Master’s degree in finance, accounting, economics, actuarial science, or financial management.
• Experience working across both corporate and business unit finance organizations.
• Exposure to enterprise capital allocation, dividend planning, and enterprise stress testing.

Skills

• Strategic Financial Leadership – Ability to shape enterprise capital strategy and influence long-term financial outcomes.
• Analytical & Quantitative Expertise – Strong capability in modeling, forecasting, and interpreting complex financial data.
• Executive Influence – Proven ability to advise and communicate effectively with senior leaders and board members.
• Cross-Functional Collaboration – Skilled at integrating perspectives across treasury, risk, finance, and business units.

Summary Value Proposition

This role is central to optimizing enterprise capital strategy and enabling informed decision-making that drives sustainable financial strength and shareholder value.

Working Environment

This is either a hybrid position requiring three days in office per week in one of our main locations (Philadelphia, PA, New York, NY, Denver, CO, Cedar Rapids, IA or Baltimore, MD) or Work From Home/Remote based in the United States with occasional travel for business unit engagement and leadership meetings.

Pay

The salary for this position generally ranges between $290,000 - $320,000 annually. The 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.

Benefits

• Compensation Benefits
  • Competitive Pay
  • Bonus for Eligible Employees
  • 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 offer a wide range of diversity and inclusion programs, including 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 and provide a supportive environment to help us better appreciate our similarities and differences.

Giving Back

We believe our responsibilities extend beyond our corporate walls. Through the Aegon Transamerica Foundation, we support nonprofit organizations focused on the things that matter most to our people in the communities where we live and work. The foundation provides financial grants and encourages the volunteer efforts of our employees.