Actuary - VA Model Dev & Validation; Hybrid

Job Family
Actuarial

About Us

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.

Who We Are

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.

What We Do

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.

Transamerica employs nearly 7,000 people. It's part of Aegon, an integrated, diversified, international financial services group serving approximately 23.9 million customers worldwide.
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Job Description Summary
The Actuary - Model Development & Validation will support Transamerica's Variable Annuity and RILA businesses by leading user acceptance testing (UAT), performing technical reviews of model changes, and supporting Trinity model development. This role ensures accuracy, compliance, and efficiency in actuarial modeling processes, while partnering with stakeholders to maintain robust controls and deliver actionable insights.

Job Description

Responsibilities

• Lead and coordinate User Acceptance Testing (UAT) for actuarial models, ensuring functionality aligns with business requirements and regulatory standards.
• Perform technical reviews of model changes, validating assumptions, methodologies, and coding for accuracy and compliance.
• Support development and maintenance of Trinity models, including enhancements for new product features and regulatory updates.
• Collaborate with valuation, pricing, and risk teams to ensure consistency across modeling platforms.
• Document and communicate testing results, technical findings, and recommendations to stakeholders.
• Drive process improvements and automation in model validation and testing workflows.
• Monitor emerging regulatory and accounting standards impacting actuarial models and incorporate necessary changes.
• Provide technical guidance and mentorship to junior team members. May manage a small team.

• FSA or equivalent professional designation along with Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field and 7 years of relevant experience, In lieu of Bachelor's, will accept Master's in a listed discipline and 5 years of relevant experience. In lieu of FSA will accept ASA or equivalent professional designation and 10 years of relevant experience
• Demonstrates high quality leadership, judgment, organization and…