Transamerica

Associate Actuary – Equity Valuation

Transamerica

full-time

Posted on:

Location Type: Hybrid

Location: Cedar Rapids • Colorado • Iowa • United States

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Salary

💰 $128,000 - $165,000 per year

About the role

  • Lead implementation of GAAP valuation reporting for the IUL blocks of business
  • Prepare reports and tools used to analyze quarterly GAAP financial results
  • Perform technical reviews of model changes, validating assumptions, methodologies, and coding for accuracy and compliance.
  • Exercise significant judgment in setting priorities and determining necessary tasks.
  • Document and communicate testing results, technical findings, and recommendations to stakeholders.

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.
  • Ability to work autonomously within defined timelines.
  • Experience with life insurance products.
  • Proficient modeler (AXIS proficiency strongly preferred).
  • Effective oral and written communication skills (specific prior examples may be requested).
  • Demonstrated history of analyzing and interpreting large data sets (specific prior examples may be requested).
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
GAAP valuation reportingfinancial analysismodel validationtechnical reviewsdata analysismodelingAXIS proficiencymathematical conceptsanalytical conceptslarge data set interpretation
Soft Skills
leadershipjudgmentorganizationprioritizationcommunicationautonomyworking under pressuretime managementteam collaborationverbal communication
Certifications
FSAASABachelor's DegreeMaster's Degree