Director – Capital Management

Job Family

Finance - General

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.

Job Description

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.

Preferred Qualifications

• Certified Public Accountant designation or an advanced degree in accounting, finance, economics, actuarial science, business, or financial management.

• Strong understanding of regulatory capital requirements, including U.S. statutory accounting and NAIC risk-based capital principles.

• Experience working across both corporate and business unit finance organizations.

• Experience with enterprise capital allocation, dividend planning, capital forecasting, or enterprise stress testing.

Key Competencies

• Capital Management Expertise – Applies advanced knowledge of capital management, balance sheet management, forecasting, and capital allocation to support sound financial decisions.
• Analytical and Quantitative Capability – Develops financial models, evaluates scenarios, interprets complex data, and converts analysis into practical recommendations.
• Cross-Functional Collaboration – Builds effective working relationships across Finance, Treasury, Risk Management, and business unit organizations to achieve shared objectives.
• Communication and Influence – Communicates complex capital and financial matters clearly and effectively to senior leaders, finance partners, and other stakeholders.

Summary Value Proposition

This role supports effective enterprise capital management by delivering high-quality analysis and disciplined execution that contribute to financial strength and informed decision-making.

Working Environment

This will be an in-office position in our Philadelphia offices.

Compensation

The Salary for this position generally ranges between $170,000 - $230,000 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 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.

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.

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.

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.

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