Adam Newcomb

Ifrs 17 Transformation Manager, Finance @ Transamerica

About Adam Newcomb

Adam Newcomb is an experienced finance professional currently serving as the IFRS 17 Transformation Manager at Transamerica. He has held various roles in financial analysis and management across several companies, including John Deere, OHL, and Asurion, and has a strong educational background in Operations, Supply Chain Management, and Finance.

Work at Transamerica

Adam Newcomb has been serving as the IFRS 17 Transformation Manager in Finance at Transamerica since 2019. In this role, he focuses on the implementation of IFRS 17, a significant accounting standard for insurance contracts. His responsibilities include managing the creation and implementation of the Cost Per Service Event (CPSE) metric, which assesses client profitability across the enterprise. This position is based in the Cedar Rapids, Iowa Area.

Previous Experience

Before joining Transamerica, Adam Newcomb held several positions in finance and supply chain management. He worked as a Senior Financial Analyst at OHL from 2011 to 2012. Prior to that, he served as a Manager of FP&A at Asurion from 2012 to 2014. He also worked as an Assistant Vice President - Resource Manager at Robert Half Management Resources from 2015 to 2019. His early career included internships and specialist roles at John Deere and AEGON.

Education and Expertise

Adam Newcomb earned a Bachelor of Science degree in Operations and Supply Chain Management from Iowa State University, where he studied from 2003 to 2009. He furthered his education by obtaining a Master of Business Administration (MBA) in Finance from The University of Iowa Tippie College of Business, completing his studies from 2009 to 2011. His educational background provides a solid foundation for his expertise in finance and supply chain management.

Background

Adam Newcomb began his professional career with internships, including a role as a Portfolio Management Intern at AEGON from 2010 to 2011. He also gained experience as a Supply Management Specialist Intern at John Deere in 2009. His early roles laid the groundwork for his subsequent positions in financial analysis and management, contributing to his comprehensive understanding of finance and operations.

Key Contributions

Throughout his career, Adam Newcomb has contributed to various financial and operational initiatives. He assisted in developing 'What-if' models to aid operational decision-making and forecasting. He created and managed a pricing model in collaboration with the pricing team, influencing pricing decisions. Additionally, he established weekly reporting with call centers to enhance communication between finance and operations, thereby increasing operational visibility.

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