Bruce Kramer

Experience

• 

  Aegon Asset Management

  Jun 1992 - Jan 2020

  Manage the reporting of US operations to global entity as well as complex projects execution.• Innovator in revamping $175M budget process. Model uses trend analysis and collaboration with executives to establish baseline budget; requiring justification for changes. Achieved 20% time reduction in the process. • Oversight of $75M expense budgets spread across 5 entities. Partner with executives to determine future business needs and preparation of quarterly variance analysis for review with CFO. • Lead Solvency II asset management reporting for the Dutch National Bank. Reporting exposure consists of $600M in assets to reduce risk to policy holders in the event an issuer would default on its obligation to Aegon.• Orchestrated the submission of external benchmark surveys reporting $115B assets, $125M revenue and $90M expense. Surveys compare Aegon’s expense ratios to similar companies.• Point person for 18-month dissolution of Transamerica Investment Management group, folding all accounting operations from Dayton, Ohio to Cedar Rapids. Reduction consisted of $37M of expenses and 3 people; resulting in $300k cost savings the 1st year.• Liaison for external auditors in the US. Coordinated the requests for over 100 documents across all departments within the division.• Primary person in preparation of board reporting package and commentary for internal and external money management. Show less Core team member working extensively on projects to reduce the capital requirements. Interest rate analyst for $125B portfolio of assets. • Calculated and reviewed interest rate analytics for $125B portfolio including holding from public and private fixed income securities, commercial, residential and agricultural mortgage loans. Partnered with programmer to design and test advanced system to automate analysis.• Spearheaded S&P Convexity Charge and the A.M. Best survey. Persuaded senior management to collaborate with S&P on ABS Housing and Non-Housing securities, saving $100M in capital.• Instrumental role in constructing a compliant Emerging Markets performance benchmark and calculate monthly asset returns, allowing the asset class to be marketed externally.• Mentored new employees during onboarding activities. Served as on-going mentor for guidance in navigating corporate culture and organization structure.• Selected for Leadership Development Program dedicated to growing the next organizational leaders. Show less

  • Lead Financial Analyst

    Jan 2008 - Jan 2020

  • Intermediate Risk Analyst

    Apr 1998 - Jan 2008

  • ADDITIONAL RELEVANT EXPERIENCE Technology | Accounting | System Coordination

    Jun 1992 - Apr 1998
• 

  Rockwell Collins

  Jun 2020 - Aug 2020

  Financial Planning and Analysis Manager
• 

  BAE Systems

  Aug 2020 - now

  Financial Planning and Analysis Manager