Associate Actuary - Valuation Special Projects

Position: Associate Actuary - Life Valuation Special Projects

Job Summary

Directs and provides leadership in the design, pricing, and implementation of insurance products.

Job Description

Transamerica Life seeks a self‑driven actuary for a highly visible, leadership development, non‑traditional valuation role. The Special Projects team works across all Life products (UL, IUL, VUL & traditional life). The successful candidate will analyze empirical data, produce quantitative forecasting, communicate findings to actuarial and non‑technical senior management and suggest appropriate courses of action.

Responsibilities

• Understand non‑routine transactions related to UL – ULSG, COI rate increases
• IUL/VUL – Reserving & hedging
• Reinsurance – 3rd Party & captives
• Traditional life – pre‑ & post‑term policyholder behavior
• Support ad‑hoc company initiatives

Skills and Attributes

• Ability to work autonomously under defined timelines
• Capable of prioritizing varied unrelated tasks
• Proficient modeler (AXIS proficiency preferred)
• Effective communicator (oral & written)
• Experienced in analyzing and interpreting large data sets
• Exemplifies highest professional integrity and standards

Professional Qualifications

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics or related field and 5 years of relevant experience. (Master’s accepted with 4 years of experience)
• FSA or equivalent professional designation. (ASA acceptable with 8 years of experience)
• High quality leadership, judgment, organization, and prioritization skills
• Effective communication of advanced mathematical and analytical concepts to varied audiences
• Works well under pressure and within time constraints to accomplish objectives
• Advanced computer skills

Preferred Qualifications

• GGY AXIS and Power BI experience
• SQL, VBA, Python, and/or Alteryx programming
• Strong verbal and written communication skills

Working Conditions

Hybrid office environment; occasional travel.

Compensation

Salary range: $125,000 – $165,000 annually. Salary may vary based on qualifications, experience, location and operational needs. The position is eligible for an annual bonus based on the Company Bonus Plan/Individual Performance.

Benefits

We offer a comprehensive benefits package designed to support both personal and financial well‑being.

Compensation Benefits

• Competitive pay
• Bonus for eligible employees

Benefits Package

• Pension plan
• 401(k) 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 (first year of service)
• Ten paid holidays per year
• Be Well holistic wellness program
• Parental leave – 15 days paid
• 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

Inclusion & Diversity

We are committed to diversity and inclusivity, and have been recognized by the Human Rights Campaign Corporate Equality Index and other organizations.

Giving Back

Through the Aegon Transamerica Foundation we support nonprofit organizations that matter to our employees and communities.

Parent Company

Aegon acquired Transamerica in 1999; the company serves over 23.9 million customers worldwide.

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