Actuarial Tech II

We’re empowered by a vast agent network covering North America, with diversity to match. Together with our nonprofit research institute and foundation, we tune in, step up, and are a force for good — for our customers and the communities where we live, work, and play. United in our purpose, we help people create the financial freedom to live life on their terms.

Transamerica is organized into three distinct businesses. These include
1) World Financial Group, including Transamerica Financial Advisors,
2) Protection Solutions and Savings & Investments, comprised of life insurance, annuities, employee benefits, retirement plans, and Transamerica Investment Solutions, and
3) Financial Assets, which includes legacy blocks of long term care, universal life, and variable and fixed annuities. These are supported by Transamerica Corporate, which includes Finance, People and Places, General Counsel, Risk, Internal Audit, Strategy and Development, and Corporate Affairs, which covers Communications, Brand, and Government and Policy Affairs.
* Significant and complex data manipulation and complex calculations using macros and other programs.
* Significant analysis required on most projects.
* May mentor or supervise Actuarial Technician I.
* Has authority to sign-off on projects of smaller scope and may have authority on larger projects.
* Works independently with minimal supervision.
* May build projection models from scratch and reviews results.
* May verify and reconcile financial reporting data, prepare periodic reports for other departments with minimal supervision.
* Understands and manipulates basic actuarial concepts and formulas.
* May analyze and verify pricing models.
* Extracts and integrates data from various databases to analyze and develop reports and spreadsheets.
* Perform user acceptance testing of administrative systems and/or illustration systems.
* Collaborate with various areas of the company to ensure broad product understanding and correct implementation.
* Support requirement gathering, test planning, and test execution - specifically related to product calculations.
* Utilize different systems to track requirements, defects, and test case management. (e.g., JIRA)
* Bachelor’s degree in actuarial science, mathematics or relevant area or equivalent education/experience.
* Minimum of 3 years relevant work experience.
* Understands relevant industry regulations.
* Ability to analyze and understand actuarial processes.
* Strong PC skills including Excel.
* Strong mathematical skills and statistical aptitude.
* Effective verbal and written communication skills.
* Effective organizational skills.
* Knowledge of topics covered in SOA courses. (Actuarial exams are not required).
* Strong written/oral communication skills
* Analytical and problem-solving skills
* Ability to work independently and as part of a team in a fast-paced environment.
* Strong organizational skills to manage multiple priorities within deadlines.
* An understanding of agile and waterfall project methodologies
* Pension Plan
* 401k Match
* Employee Stock Purchase Plan
* Tuition Reimbursement
* Disability Insurance
* Medical Insurance
* Dental Insurance
* Vision Insurance
* Employee Discounts
* Career Training & Development Opportunities
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