Associate Actuary -UL IFRS Valuation Lead

Actuarial

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

Transamerica Life seeks a self‑driven actuary for a highly visible valuation & financial reporting role. The successful candidate will oversee 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. Products embedded in the candidate’s purview include some of the company’s most highly‑visible Financial Assets;

consequently, this role offers unique exposure not found in most roles.

• Understand non‑routine transactions related to UL, including ULSG, COI Rate Increases, and policyholder behavior and mortality trends.
• Handle 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.

• Ability to work autonomously under defined timelines.
• Capable of prioritizing varied unrelated tasks.
• Efficiently oversee and professionally develop a small team of actuaries.
• Be (or become) a proficient modeler; GGY AXIS proficiency preferred.
• Effective communicator (oral & written) – prior examples may be requested.
• Demonstrated history of analyzing and interpreting large data sets – prior examples may be requested.
• Exemplifies highest professional integrity and standards.
• ​Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field and 5 years of relevant experience (or Master’s and 4 years).
• FSA or equivalent professional designation (or ASA or equivalent with 8 years).
• High quality leadership, judgment, organization and prioritization skills.
• Effective written and verbal communication of advanced mathematical and analytical concepts to varied audiences.
• Works well under pressure and within time constraints to accomplish individual and team objectives.
• Advanced computer skills.

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

• Hybrid office environment.
• Occasional travel