Sr. Product Actuarial Analyst

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.

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. 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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Perform complex calculations, modeling, reporting, risk, and compliance functions to support life product development. Quantify and qualify results and perform actions required for sign-off before implementation.

Perform advanced actuarial calculations, data analytics, and business systems analysis using custom and production administrative and illustrations systems. Align complex calculations and testing requirements with product/pricing designs and state/federal regulations. Create and deliver clear calculation specifications and/or numerical examples via spreadsheets for cross functional consumption. Create and use complex formulas/macros and tools to validate system alignment with product specifications. Collaborate with Technology and Operations to ensure accurate understanding of product specifications for projects of moderate complexity.

Provide final signoff on product related technical requirements, test plans, and user acceptance testing. Represent role as a key component of project leadership team and provide status reporting to senior leadership. Demonstrate advanced understanding of system navigation, transaction activity, tables, and other system features. Assist Legal/Compliance, Finance, and Operational Risk with sensitive production issues and resolutions. Analyze and reconcile data into financial or customer impact reports for…