Transamerica

Senior Actuary – ALM

Transamerica

full-time

Posted on:

Location Type: Hybrid

Location: Baltimore • Iowa, Maryland, Pennsylvania • 🇺🇸 United States

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Salary

💰 $157,000 - $195,000 per year

Job Level

Senior

About the role

  • Design and lead multiple projects, with accountability for ongoing activities and objectives.
  • Projects may involve modeling various insurance liabilities, fixed-income assets and derivatives in Transamerica proprietary actuarial system.
  • Review the work of others, providing direction and insight on research solutions to problems presented.
  • Assess the reasonableness of financial impact for model/data changes
  • Solve complex problems; take a broad perspective to identify solutions.
  • Collaborate with key stakeholders from business line valuation, ALM, risk management, financial/risk reporting, etc.
  • Serve as a company-wide expert in actuarial modeling. And act as a subject matter expert for colleagues with less experience.
  • Interpret internal or external issues and recommend solutions/best practices.
  • Build efficient models and processes
  • Apply judgment to modeling choices in a defensible manner, and assess the materiality of various modeling and data choices.

Requirements

  • FSA or equivalent professional designation along with Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field, and 8 years of relevant experience.
  • In lieu of Bachelor's, will accept Master’s in a listed discipline and 6 years of relevant experience.
  • In lieu of FSA will accept ASA or equivalent professional designation and 14 years of relevant experience.
  • Demonstrates high quality leadership, judgment, organization and prioritization skills.
  • Exhibits effective management skills to motivate and develop a staff.
  • Effectively communicates, both verbally and in writing, advanced mathematical and analytical concepts to various audiences.
  • Works well under pressure and within time constraints to effectively accomplish individual and team objectives.
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
  • College Coach 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

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
actuarial modelingfinancial impact assessmentdata analysismodeling choicesproblem solvingmathematical conceptsanalytical concepts
Soft skills
leadershipjudgmentorganizationprioritizationmanagementcommunicationcollaborationmotivationdevelopment
Certifications
FSAASABachelor's Degree in Actuarial ScienceBachelor's Degree in MathematicsBachelor's Degree in StatisticsBachelor's Degree in EconomicsMaster’s in Actuarial ScienceMaster’s in MathematicsMaster’s in StatisticsMaster’s in Economics
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