Director, Capital Management

Location: Philadelphia, Pennsylvania

Job Family

Finance - General

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 servingapproximately 23.9 million customersworldwide.* For more information, visit transamerica.com.

Job Description Summary

The Director, Capital Management provides financial expertise and leadership for capital management activities, including capital forecasting, capital allocation analysis, balance sheet management, and capital reporting. This role supports the execution of the enterprise capital management framework and develops analysis and recommendations that inform financial planning and capital-related decisions.

The Director leads capital management projects, coordinating deliverables across Finance and related functions, and helps ensure the accuracy, completeness, and timely delivery of capital analysis and reporting. The position partners with Treasury, Risk Management, Financial Planning and Analysis, and business unit finance teams to support capital efficiency, financial strength, and broader enterprise objectives.

Key Responsibilities

Lead the preparation and analysis of consolidated capital information, which may include financial leverage, holding company liquidity, free cash flow, and capital positions.

Manage capital structure and capital allocation analysis, including multi-year capital forecasting, scenario modeling, dividend planning, remittances from business units, and evaluation of capital optimization opportunities.

Provide financial analysis and recommendations to Finance leadership regarding capital allocation decisions, capital returns, financial leverage, and other capital management activities.

Oversee recurring capital management reporting and analytics, ensuring the accuracy, completeness, and timely delivery of monthly, quarterly, and annual reporting.

Monitor adherence to capital management policies and controls across business units and support the evaluation and resolution of capital-related risks, reporting errors, and control deficiencies.

Partner with Treasury, Risk Management, Financial Planning and Analysis, Investor Relations, Corporate Development, and business unit finance teams to support business planning, quarterly reviews, and enterprise financial objectives.

Lead capital management projects and change initiatives, coordinate cross-functional resources, and ensure that deliverables meet established quality, timeline, and budget expectations.

Required Qualifications

• Bachelor’s degree in accounting, finance, economics, actuarial science, business, or a related field, or equivalent experience.
• 12 years of accounting or strategic finance experience
• Experience in capital management, financial planning and analysis, balance sheet management, corporate finance, investments, or a related financial discipline.
• Advanced knowledge of capital frameworks, capital allocation, balance sheet management, financial forecasting, and capital instruments.
• Experience preparing and presenting financial and capital analysis to senior leaders and other key stakeholders.
• Experience within the insurance or financial services industry.
• Advanced proficiency in Microsoft Excel, PowerPoint, financial modeling, and financial reporting or business systems.
• Strong written and verbal communication skills, with the ability to communicate complex financial information to diverse audiences.
• Strong organizational, project management, and prioritization skills.