Associate Actuary -UL IFRS Valuation Lead

Associate Actuary - UL IFRS Valuation Lead

Join to apply for the Associate Actuary - UL IFRS Valuation Lead role at Transamerica

At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential of leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests.

Actuarial

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.

Transamerica Life seeks a self-driven actuary for a highly visible valuation & financial reporting role. The successful candidate will be tasked with overseeing a small team of actuaries, producing timely and accurate IFRS results for the entire UL block of business and effectively communicating those 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).
• Reinsurance – Mortality (3rd Party YRT and Coinsurance) and Financial (Captives), IFRS RLRC.
• Support capital initiatives such as purchases of STOLI policies (ReSTOLI).
• Adapt model functionality and output to answer a changing landscape of questions and concerns.

• Work autonomously under defined timelines.
• Prioritize varied unrelated tasks.
• Oversee and develop a small team of actuaries.
• Proficient modeler (GGY AXIS preferred).
• Effective communicator – oral written.
• Experience analyzing large data sets.
• Highest professional integrity and standards.

• Bachelor’s Degree in Actuarial Science, Mathematics, Statistics, Economics or related field and 5 years of relevant experience. In lieu of Bachelor’s, Master’s in a listed discipline and 4 years of relevant experience.
• FSA or equivalent professional designation. In lieu of FSA, ASA or equivalent and 8 years of relevant experience.
• High quality leadership, judgment, organization and prioritization skills.
• Advanced computer skills.

• GGY AXIS and Power BI experience.
• SQL, VBA, Python, and/or Alteryx programming.

Hybrid office environment. Occasional travel.

The salary for this position generally ranges between $125,000 - $165,000 annually.

• Pension Plan
• 401k Match
• Employee Stock Purchase Plan
• Tuition Reimbursement
• Disability Insurance
• Medical Insurance
• Dental Insurance
• Vision Insurance
• Employee Discounts
• Career Training & Development Opportunities

• Paid Time Off starting at 160 hours annually for employees in their first year of service.
• Ten paid holidays per year.
• Wellness program.
• Parental leave.
• 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.

We believe our commitment to diversity and inclusion creates a work environment filled with exceptional individuals.

Transamerica supports the Aegon Transamerica Foundation and nonprofit organizations.

Mid‑Senior level

Full‑time

Finance and Sales

Insurance and Financial Services

Maryland, United States