Senior Risk Manager - Actuarial

Job Family

About Us

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

Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment — one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there.

Transamerica is a part of Aegon, an integrated, diversified, international financial services group. The Aegon companies employ over 21,500 people and have approximately 31.7 million customers.
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Who We Are

Transamerica has been making financial services available to the many, not just the few, for more than 100 years. We’re a leading provider of life insurance, retirement, and investment solutions, serving millions of customers throughout the United States.

Transamerica’s dedicated professionals focus on helping people live their best lives through saving, investing, and protecting their loved ones. Transamerica is dedicated to building America’s leading middle market life insurance and retirement company, providing a broad range of quality individual life insurance policies, workplace supplemental insurance benefits, workplace retirement plans, individual retirement accounts, and investment products, including mutual funds, annuities, stable value solutions, as well as investment management services.

What We Do

Transamerica is organized by lines of business (Life Insurance, Annuities, Mutual Funds, Retirement Plans, and Employee Benefits), which are supported by Transamerica Corporate (Corporate Development;
Finance;
Internal Audit;
Legislative, Regulatory & Policy; Office of the CEO; People and Places; Brand; Corporate Affairs; Risk; and Technology).

Job Description Summary

Job Description

Responsibilities:

• Understand and Challenge Pricing and Valuation initiatives.

• Understand and Challenge quantitative and analytical models to support risk management efforts.

• Work closely with the first line to identify risks and solutions, escalate as needed.

• Research issues and identify solutions within the assigned focus area.

• Draw conclusions based on data evaluation; provide detailed reporting.

Qualifications:

• Bachelor’s degree in finance, actuarial, economics, mathematics or other quantitative field.

• Ten years of experience in actuarial pricing, valuation or risk management or related specialization. Advanced degree or actuarial certificates may be substituted for up to three years of experience. Knowledge of actuarial modeling and risk analysis tools.

• Knowledge of assigned focus area, such as various insurance products, pricing, valuation, reinsurance, underwriting, financial reporting, etc.

• Strong analytical and communication skills.

• Ability to understand complex problems and frame appropriate challenges.

• Ability to present and interact with leadership.

• Strong attention to detail and accuracy, proactive and ability to effectively manage stakeholders.

Working Conditions:

• Office environment

• Occasional travel

Compensation:

• The US salary for this position generally ranges between $147,000 - $170,000 annually. This range is an estimate, based on potential employee qualifications and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.

• Additionally in the US, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion.

Our commitment to inclusion & diversity means that we value differences. We encourage the unique perspectives of persons and are dedicated to creating a respectful and inclusive work environment.

This job description is not a contract…