Associate Actuary -UL IFRS Valuation Lead

Associate Actuary - UL IFRS Valuation Lead

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Directs and provides leadership in the design, pricing, and implementation of insurance products, and oversees a small team within actuarial modeling, risk management, valuation or other actuarial departments.

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.
• Efficiently oversee and professionally develop a small team of actuaries.
• Become a proficient modeler (GGY AXIS proficiency preferred).
• Effective communicator (oral & written).
• Demonstrate high quality leadership, judgment, organization and prioritization skills.

• Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field and 5 years of relevant experience. In lieu of Bachelor's, accept Master's and 4 years of relevant experience.
• FSA or equivalent professional designation. In lieu of FSA accept ASA or equivalent and 8 years of relevant experience.
• Advanced computer skills.
• Works well under pressure and within time constraints to accomplish individual and team objectives.
• Works effectively with diverse audiences.
• Demonstrates highest professional integrity and standards.

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

Hybrid office environment with occasional travel.

The salary for this position generally ranges between $125,000 – $165,000 annually. This range is a good faith estimate; actual starting pay is determined by qualifications, experience, geography, work location designation, and operational needs. The position may also be eligible for an annual bonus based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion.

• Competitive pay and bonus eligibility.
• Pension plan, 401(k) match, employee stock purchase plan.
• Tuition reimbursement, disability insurance, medical, dental, vision insurance.
• Paid time off starting at 160 hours annually, ten paid holidays, parental leave (15 days).
• Employee assistance programs, wellness program, and inclusion initiatives.