Transamerica

Actuary – VA Model Development, Validation

Transamerica

full-time

Posted on:

Location Type: Hybrid

Location: Cedar Rapids • Colorado • Iowa • United States

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Salary

💰 $145,000 - $195,000 per year

Job Level

SeniorLead

About the role

  • Lead and coordinate User Acceptance Testing (UAT) for actuarial models, ensuring functionality aligns with business requirements and regulatory standards.
  • Perform technical reviews of model changes, validating assumptions, methodologies, and coding for accuracy and compliance.
  • Support development and maintenance of Trinity models, including enhancements for new product features and regulatory updates.
  • Collaborate with valuation, pricing, and risk teams to ensure consistency across modeling platforms.
  • Document and communicate testing results, technical findings, and recommendations to stakeholders.
  • Drive process improvements and automation in model validation and testing workflows.
  • Monitor emerging regulatory and accounting standards impacting actuarial models and incorporate necessary changes.
  • Provide technical guidance and mentorship to junior team members.
  • May manage a small team.

Requirements

  • FSA or equivalent professional designation along with Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field and 7 years of relevant experience
  • In lieu of Bachelor's, will accept Master's in a listed discipline and 5 years of relevant experience.
  • In lieu of FSA will accept ASA or equivalent professional designation and 10 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.
  • Excellent computer skills.
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
  • 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 & Tools
User Acceptance Testingmodel validationtechnical reviewsactuarial modelsautomationmathematical conceptsanalytical concepts
Soft Skills
leadershipjudgmentorganizationprioritizationcommunicationteamworkworking under pressure
Certifications
FSAASABachelor's Degree in Actuarial ScienceBachelor's Degree in MathematicsBachelor's Degree in StatisticsBachelor's Degree in EconomicsMaster's Degree in listed discipline