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Actuary- VA​/IFRS Reporting

Job in Cedar Rapids, Linn County, Iowa, 52404, USA
Listing for: Transamerica
Full Time position
Listed on 2026-07-03
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Actuary
Salary/Wage Range or Industry Benchmark: 100000 - 130000 USD Yearly USD 100000.00 130000.00 YEAR
Job Description & How to Apply Below

Job Summary

Manages one or more actuarial functions for a product line or corporate process, evaluates new product ideas, and oversees pricing and maintenance of existing products. May direct the design, pricing, and implementation of insurance products.

Responsibilities
  • Lead preparation and interpretation of actuarial information for presentation to management.
  • Monitor profitability by line of business and product, develop supporting reports and analyses.
  • Maintain product line or corporate process to comply with state and federal regulations.
  • Manage studies that support actuarial assumptions and provide assumptions and data to others.
  • Support creation of system specifications, contracts, commission structures, and other actuarial aspects of product development.
  • Monitor and analyze developments in actuarial techniques, laws and regulations applicable to company operations, and competitive developments in the marketplace; recommend appropriate responses.
  • Provide guidance and advice regarding pricing rates, modeling methodology, or reserving and related matters.
  • Serve as a key resource for completion of major recurring projects during the year.
  • Represent the company on industry and professional committees and/or with regulators.
  • May supervise a team of employees.
Qualifications
  • FSA or equivalent professional designation plus a Bachelor’s Degree in Actuarial Science, Mathematics, Statistics, Economics, or a related field and seven years of relevant experience. Alternatively, a Master’s degree in a listed discipline and five years of experience, or ASA with ten years of experience.
  • Demonstrated high-quality leadership, judgment, organization, and prioritization skills.
  • Effective verbal and written communication of advanced mathematical and analytical concepts to diverse audiences.
  • Ability to work well under pressure and meet time constraints to achieve individual and team objectives.
  • Excellent computer skills.
Preferred Qualifications
  • Programming skills.
  • VA/RILA knowledge.
  • GAAP knowledge.
Working Conditions
  • Office environment.
  • Occasional travel.
  • Limited travel may be required.
Compensation & Benefits

Competitive pay and bonus for eligible employees.

Benefits Package
  • Pension plan.
  • 401(k) match.
  • Employee stock purchase plan.
  • Tuition reimbursement.
  • Disability insurance.
  • Medical insurance.
  • Dental insurance.
  • Vision insurance.
  • Employee discounts.
  • Career training and development opportunities.
Health and Work/Life Balance Benefits
  • Paid time off starting at 160 hours annually for first-year employees.
  • Ten paid holidays per year (mirroring NYSE holidays).
  • Be Well holistic wellness program, including coaching and reward dollars.
  • Parental leave – fifteen days of paid leave per calendar year for eligible employees.
  • Adoption assistance.
  • Employee assistance program.
  • Back‑up care program.
  • PTO for volunteer hours.
  • Employee matching gifts program.
  • Employee resource groups.
  • Inclusion and diversity programs.
  • Employee recognition program.
  • Referral bonus programs.
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