Job Family Mergers & Acquisitions
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 The Senior Associate, Corporate Development leads financial evaluation and execution support for acquisitions, divestitures, reinsurance transactions, strategic investments, joint ventures, and partnership opportunities. This role develops complex financial and capital analyses, leads cross-functional due diligence workstreams, evaluates transaction risks, presents recommendations to senior leadership and governance forums, and helps manage opportunities through successful execution.
Job Description
Key Responsibilities
- Lead financial evaluation and execution support for acquisitions, divestitures, reinsurance transactions, strategic investments, joint ventures, and partnership opportunities.
- Develop and maintain complex financial models, valuation analyses, scenario assessments, transaction return analyses, and capital impact evaluations.
- Perform strategic market assessments, competitive analyses, and industry research to identify emerging opportunities, risks, and market trends.
- Lead due diligence workstreams and coordinate activities across actuarial, finance, legal, compliance, tax, treasury, investments, risk, technology, operations, and human resources.
- Evaluate financial, operational, regulatory, and strategic risks associated with potential transactions and business opportunities.
- Prepare and present analyses, recommendations, and transaction materials to senior leadership, investment committees, and other governance forums.
- Support development of business cases and strategic recommendations related to organic growth initiatives, partnerships, and capital deployment alternatives.
- Manage transaction timelines, key milestones, deliverables, and issue resolution activities to support successful execution.
- Partner with internal stakeholders and external advisors, including investment bankers, consultants, accountants, and legal counsel, throughout transaction and strategic evaluation processes.
- Provide guidance, knowledge sharing, and informal mentorship to less experienced team members supporting corporate development initiatives.
Required Qualifications
- Bachelor’s degree in finance, accounting, economics, business, or related field
- Five years of experience in financial services, corporate development, investment banking, transaction advisory, management consulting, private equity, strategic finance, or related roles
- Knowledge of financial modeling, valuation methodologies, transaction structuring, and capital allocation analysis
- Knowledge of discounted cash flow analysis, comparable company analysis, precedent transaction analysis, and transaction return analysis
- Ability to analyze financial statements and evaluate accounting, capital, earnings, and value creation considerations
- Experience managing multiple projects and transaction workstreams simultaneously
- Strong negotiation experience, including driving negotiations through successful execution
- Strong analytical, problem-solving, and decision-making skills
- Results-driven with a commercial, deal-maker mentality
- Strong written and verbal communication skills
- Ability to work effectively with senior leaders and cross-functional stakeholders
- Proficient in Microsoft Excel, PowerPoint, and Word
Preferred Qualifications
- Experience within life insurance, annuities, retirement, wealth management, asset management, reinsurance, or other financial services organizations
- Knowledge of statutory accounting, Generally Accepted Accounting Principles (GAAP), insurance capital frameworks, reserve concepts, and earnings drivers
- Experience supporting mergers and acquisitions, reinsurance transactions, strategic partnerships, or capital market transactions
- Master of Business Administration (MBA)
- Knowledge of insurance distribution, product strategy, market structure, and industry trends
- Chartered Financial Analyst (CFA)
- Certified Public Accountant (CPA)
Key Competencies
- Advanced Financial and Capital Analysis – Develops complex models and evaluates valuation, transaction returns, capital impacts, earnings, and value creation considerations.
- Transaction Leadership – Leads due diligence workstreams, manages timelines and issue resolution, and supports opportunities through successful execution.
- Strategic and Commercial Judgment – Assesses market dynamics and financial, operational, regulatory, and strategic risks to shape actionable recommendations.
- Influence and Negotiation – Communicates effectively with senior leaders, governance forums, cross-functional stakeholders, and external advisors while driving negotiations.
- Team Leadership – Provides guidance, knowledge sharing, and informal mentorship to less experienced team members.
Summary Value Proposition Lead rigorous evaluation and execution of strategic transactions that support growth, value creation, and effective capital allocation.
Working Environment This is a hybrid position in either our Philadelphia or New York location. Relocation assistance will not be provided for this position.
Compensation
The Salary for this position generally ranges between $120,000 - $170,000 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 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.
