Associate Actuary - Trad Valuation

Job Description Summary

Transamerica Life seeks a self‑driven actuary with a strong interest in leading GAAP implementation and ongoing GAAP governance efforts for Traditional Life (Trad) products. This highly visible role partners closely with teams such as model development, accounting, and finance to interpret evolving accounting requirements, ensure accurate and efficient execution of GAAP changes, and support the development of robust financial reporting processes.

The successful candidate will work with a high degree of independence, guiding analytical work streams, evaluating Trad‑specific assumptions and methodologies, and delivering insights that influence financial results and business decisions. The ideal candidate will demonstrate strong communication skills with both actuarial and non‑technical senior leadership, collaborate effectively across functions, and recommend practical, well‑supported actions when navigating complex GAAP or modeling considerations.

• Lead implementation of GAAP valuation reporting for the Trad blocks of business
• Prepare reports and tools used to analyze quarterly GAAP financial results
• Perform technical reviews of model changes, validating assumptions, methodologies, and coding for accuracy and compliance
• Exercise significant judgment in setting priorities and determining necessary tasks
• Document and communicate testing results, technical findings, and recommendations to stakeholders

• Ability to work autonomously within defined timelines
• Experience with life insurance products
• Proficient modeler (AXIS proficiency strongly preferred)
• Effective oral and written communication skills
• Demonstrated history of analyzing and interpreting large data sets
• Exemplifies the highest professional integrity and standards

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics or related field and 5 years of relevant experience; alternatively, a master’s degree and 4 years of relevant experience
• FSA or equivalent professional designation; alternatively, ASA or equivalent with 8 years of relevant experience
• Demonstrates high quality leadership, judgment, organization, and prioritization skills
• Effectively communicates advanced mathematical and analytical concepts to various audiences
• Works well under pressure and within time constraints to accomplish individual and team objectives

• GGY AXIS and Power BI experience
• SQL, VBA, Python, and/or Alteryx programming
• Strong communication skills, both verbal and written
• Prior experience with GAAP LDTI reporting

• This is a hybrid position requiring three days (Tuesday‑Thursday) in office per week in one of our hub locations (Cedar Rapids, Baltimore, Philadelphia, or Denver)
• Relocation assistance will not be provided for this position
• Occasional travel