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Transamerica Interview Questions

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Suppose there exists a new airline named Jetco that flies domestically across North America. Jetco recently had a study commissioned that tested the boarding time of every airline, and it came out that Jetco had the fastest average boarding times of any airline.

What factors could have biased this result, and what would you look into?

What could potentially bias the average boarding time in favor of an airline that only flies domestically?

What could potentially bias the average boarding time in favor of an airline that only flies domestically?

Boarding Times Bias

A new airline came out as the fastest average boarding times compared to other airlines.  What factors could have biased this result and what would you look into?

Statistics

You are testing hundreds of hypotheses with many t-tests. What considerations should be made?

What is a key disadvantage of the F-test when compared to multiple t-tests?

What is a key disadvantage of the F-test when compared to multiple t-tests?

Hundreds of Hypotheses

You are testing hundreds of hypotheses with many t-tests. What considerations should be made?

Let’s say you work for a social media company that has just done a launch in a new city. Looking at weekly metrics, you see a slow decrease in the average number of comments per user from January to March in this city.

The company has been consistently growing new users in the city from January to March.

What are some reasons why the average number of comments per user would be decreasing and what metrics would you look into?

What metric could be used to measure if active users are still engaging on the platform despite an overall decrease in the average number of comments per user?

What metric could be used to measure if active users are still engaging on the platform despite an overall decrease in the average number of comments per user?

Decreasing Comments

How would you investigate a decline in the average number of comments per user?

Product Metrics

<div><h2>Internship Opportunity</h2>Internships are short-term work experiences for a designated period of time that allow college students the opportunity to observe and participate in the professional work environment, to explore how their interests relate to possible careers, and to gain practical experience in an industry relating to their field of study.Responsibilities:<ul><li>Perform fund research by analyzing fund performance, evaluating fund strategies, maintaining fund mapping models and tools, and supporting ad hoc research such as hedge cost and hedgeability analysis</li><li>Support portfolio management and solutions development by researching capital market models and derivative pricing techniques, data mining, and back testing</li><li>Analyze capital markets, participate in portfolio management meetings, collect and consolidate market data, develop risk assessment tools, perform system tests and process reviews needed in hedging process in order to provide analytical supports to the PMs (portfolio management)</li><li>Work with colleagues to monitor and maintain hedge models and hedge programs</li><li>Produce hedge performance reports</li><li>Provide data analysis supporting report results</li><li>Engage in process improvements to increase the reporting efficiency</li><li>Conform with and abides by all regulations, policies, work procedures, instruction and all safety rules</li></ul>Qualifications:<ul><li>Currently pursuing a graduate degree, such as mathematics, quantitative finance, business/economics majors, or STEM majors with business/finance electives. Internships are not available for students who have completed their college education or who will graduate prior to the conclusion of the internship</li><li>Programming skills in SQL, Python, R, VBA, or similar languages</li><li>Quantitative skills in equity, interest rates modeling, derivative pricing and risk management</li><li>Demonstrate good understanding of capital market, investment and finance concepts with the ability to creatively apply these concepts in solving complex problems in a business setting</li></ul>Working Conditions:<ul><li>Interns will work hybrid in Baltimore, MD</li><li>Tuesday, Wednesday, and Thursday will be in office; Monday and Friday will be work from home days</li></ul>Compensation:The salary for this position generally ranges between $25.00 - 30.00 per hour. 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, work location designation (in-office, hybrid, remote), and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.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:<ul><li>Competitive Pay</li><li>Bonus for Eligible Employees</li></ul>Benefits Package:<ul><li>Pension Plan</li><li>401k Match</li><li>Employee Stock Purchase Plan</li><li>Tuition Reimbursement</li><li>Disability Insurance</li><li>Medical Insurance</li><li>Dental Insurance</li><li>Vision Insurance</li><li>Employee Discounts</li><li>Career Training & Development Opportunities</li></ul>Health and Work/Life Balance Benefits:<ul><li>Paid Time Off starting at 160 hours annually for employees in their first year of service.</li><li>Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).</li><li>Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars.</li><li>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.</li><li>Adoption Assistance</li><li>Employee Assistance Program</li><li>College Coach Program</li><li>Back-Up Care Program</li><li>PTO for Volunteer Hours</li><li>Employee Matching Gifts Program</li><li>Employee Resource Groups</li><li>Inclusion and Diversity Programs</li><li>Employee Recognition Program</li><li>Referral Bonus Programs</li></ul>Inclusion & Diversity:We believe our commitment to diversity and inclusion creates a work environment filled with exceptional individuals. We are 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.</div>

<div><h2>Treasury, Capital Management And Asset Liability Management</h2>Provide analytical support to operations, production, and reporting within a disciplined controls environment. Produce model inputs and perform business analysis to deliver key performance indicators and ensure efficient operations, including the creation of asset inventories, economic assumptions, and reinvestment strategies. Provide timely, quality resolution of inquiries and ad hoc requests.Responsibilities:<ul><li>Run business processes that directly impact Transamerica financials.</li><li>Support quarterly IFRS, Financial Plan/Capital Reforecast, Principles Based Reserves, and C3P1 models, as well as annual Medium Term Plan, and Cash Flow Testing models.</li><li>Support the annual setting of economic assumptions by working cohesively with members of Life, Health, Annuity, and Risk areas.</li><li>Engage in annual discussions regarding economic assumption changes and facilitate the creation of model files that reflect the updated assumptions.</li><li>Provide AXIS format asset inventory, economic assumption, and investment input files to support Asset and Liability Management analysis on a regular basis.</li><li>Collaborate with more senior analysts on the development of asset-related code updates in AXIS models, and execute asset-only user testing of the updates.</li><li>Assist customers in explanation of model results attribution and reconciliation.</li><li>Provide support and input required for change management documentation each quarter for assumption and/or system updates.</li><li>Resolve potential issues; escalate as appropriate.</li></ul>Qualifications:<ul><li>Bachelor's degree in math, actuarial science, statistics, related science field, finance, or related business field</li><li>Academic or other exposure in one or more of the following areas: Insurance liability, asset valuation, derivatives modeling, liquidity management, machine learning, artificial intelligence</li><li>Good understanding of investment and finance concepts, and be able to creatively apply in solving analytical problems in the business setting</li></ul>Preferred Qualifications:<ul><li>Ability to use code (Python, VBA) to help automate tasks and increase efficiency</li><li>Proficiency with Microsoft Excel</li><li>Experience using modeling systems, particularly AXIS</li><li>Experience working with asset liability management processes in insurance or banking</li><li>Understanding of actuarial and accounting</li></ul>Working Conditions:<ul><li>Hybrid office environment: Cedar Rapids, IA or Baltimore, MD</li></ul>Compensation:<ul><li>The Salary for this position generally ranges between $65,500 - $78,000 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, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.</li><li>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.</li></ul>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:<ul><li>Competitive Pay</li><li>Bonus for Eligible Employees</li></ul>Benefits Package:<ul><li>Pension Plan</li><li>401k Match</li><li>Employee Stock Purchase Plan</li><li>Tuition Reimbursement</li><li>Disability Insurance</li><li>Medical Insurance</li><li>Dental Insurance</li><li>Vision Insurance</li><li>Employee Discounts</li><li>Career Training & Development Opportunities</li></ul>Health and Work/Life Balance Benefits:<ul><li>Paid Time Off starting at 160 hours annually for employees in their first year of service.</li><li>Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).</li><li>Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars.</li><li>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.</li><li>Adoption Assistance</li><li>Employee Assistance Program</li><li>College Coach Program</li><li>Back-Up Care Program</li><li>PTO for Volunteer Hours</li><li>Employee Matching Gifts Program</li><li>Employee Resource Groups</li><li>Inclusion and Diversity Programs</li><li>Employee Recognition Program</li><li>Referral Bonus Programs</li></ul>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.</div>

Question	Topic	Difficulty	Ask Chance
Boarding Times Bias	Statistics	Medium	Very High
Hundreds of Hypotheses	Statistics	Medium	Very High
Decreasing Comments	Product Metrics	Easy	Very High

Transamerica Interview Questions

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Transamerica Interview Questions

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