Senior Actuary - ALM Modeling

Job Family

Actuarial

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. 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.

We believe everyone deserves to live their best life. More than a century ago, we were among the first financial services companies in America to serve everyday people from all walks of life. Today, we’re part of an international holding company, with millions of customers and thousands of employees worldwide. Our insurance, retirement, and investment solutions help people make the most of what’s important to them.

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.

Manages staff and provides guidance on activities related to Company products and processes for one or more lines of business.

• Plays an active role in guiding the preparation and interpretation of actuarial and financial information.
• Exercises significant judgment in setting priorities and determining necessary tasks.
• Provides guidance and advice regarding technical actuarial issues such as pricing rates, modeling methodology, reserving principles and related matters.
• Leads the preparation and interpretation of actuarial information for presentation to Senior Management.
• Supports and assists Actuarial management to develop actuarial policies and procedures.
• Leads several key projects at various times during the year.
• Leads the development of actuarial talent within the organization.
• Represents the company on industry and professional committees and/or with regulators.
• Manages a team of employees.

• FSA or equivalent professional designation along with Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field, and 8 years of relevant experience. In lieu of Bachelor's, accept Master’s in a listed discipline and 6 years of relevant experience. In lieu of FSA, accept ASA or equivalent professional designation and 14 years of relevant experience. Demonstrates high quality leadership, judgment, organization and prioritization skills.
  
  Exhibits effective management skills to motivate and develop a staff. Effectively communicates, both verbally and in writing, advanced mathematical and analytical concepts to various audiences. Works well under pressure and within time constraints to effectively accomplish individual and team objectives.

• Hybrid Office Environment
• Occasional Travel
• Limited travel may be required

The Salary for this position generally ranges between $185,000 - $205,000 annually. The salary range is a good faith estimate for this position and actual starting pay is determined by several factors including…