Transamerica

Associate Actuary – UL IFRS Valuation Lead

Transamerica

full-time

Posted on:

Location Type: Hybrid

Location: Cedar Rapids • Colorado, Iowa, Maryland, Pennsylvania • 🇺🇸 United States

Visit company website
✨ AI Apply
Apply

Salary

💰 $125,000 - $165,000 per year

Job Level

Senior

Tech Stack

PythonSQLVBA

About the role

  • Directs and provides leadership in the design, pricing, and implementation of insurance products.
  • Oversees a small team within actuarial modeling, risk management, valuation or other actuarial department.
  • Tasked with overseeing a small team of actuaries, working together to produce timely and accurate IFRS results for the entire UL block of business.
  • Effectively communicate results to both actuarial and non-technical audiences, including C-Suite management.
  • Understand non-routine transactions related to UL: ULSG, COI Rate Increases, policyholder behavior and mortality trends.
  • Support capital initiatives such as purchases of STOLI policies (ReSTOLI).
  • Adapt model functionality and output to answer a changing landscapes of questions and concerns.

Requirements

  • Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field and 5 years of relevant experience.
  • In lieu of Bachelor's, will accept Master's in a listed discipline and 4 years of relevant experience.
  • FSA or equivalent professional designation.
  • In lieu of FSA will accept ASA or equivalent professional designation and 8 years of relevant experience.
  • Demonstrates high quality leadership, judgment, organization and prioritization skills.
  • 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.
  • Advanced computer skills.
  • GGY AXIS and Power BI experience is preferred.
  • SQL, VBA, Python, and/or Alteryx programming.
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 modelingrisk managementvaluationIFRSSQLVBAPythonAlteryxGGY AXISPower BI
Soft skills
leadershipjudgmentorganizationprioritizationcommunicationverbal communicationwritten communicationworking under pressuretime managementteam collaboration
Certifications
FSAASA