Actuarial Tech II

Transamerica•Cedar Rapids, IA

5d•Hybrid

About The Position

The Actuarial Tech II prepares and analyzes statistical reports of data for use by the actuarial staff. Provides quantitative support in product development, financial analysis, management reporting, modeling, and various actuarial research. Supports implementation of product calculations and features.

Requirements

Bachelor’s degree in actuarial science, mathematics or relevant area or equivalent education/experience.
Minimum of 3 years relevant work experience.
Understands relevant industry regulations.
Ability to analyze and understand actuarial processes.
Strong PC skills including Excel.
Strong mathematical skills and statistical aptitude.
Effective verbal and written communication skills.
Effective organizational skills.

Nice To Haves

Knowledge of topics covered in SOA courses. (Actuarial exams are not required).
Strong written/oral communication skills
Analytical and problem-solving skills
Ability to work independently and as part of a team in a fast-paced environment.
Strong organizational skills to manage multiple priorities within deadlines.
An understanding of agile and waterfall project methodologies

Responsibilities

Significant and complex data manipulation and complex calculations using macros and other programs.
Significant analysis required on most projects.
May mentor or supervise Actuarial Technician I.
Has authority to sign-off on projects of smaller scope and may have authority on larger projects.
Works independently with minimal supervision.
May build projection models from scratch and reviews results.
May verify and reconcile financial reporting data, prepare periodic reports for other departments with minimal supervision.
Understands and manipulates basic actuarial concepts and formulas.
May analyze and verify pricing models.
Extracts and integrates data from various databases to analyze and develop reports and spreadsheets.
Perform user acceptance testing of administrative systems and/or illustration systems.
Collaborate with various areas of the company to ensure broad product understanding and correct implementation.
Support requirement gathering, test planning, and test execution - specifically related to product calculations.
Utilize different systems to track requirements, defects, and test case management. (e.g., JIRA)

Benefits

Competitive Pay
Bonus for Eligible Employees
Benefits Package
Pension Plan
401k Match
Employee Stock Purchase Plan
Tuition Reimbursement
Disability Insurance
Medical Insurance
Dental Insurance
Vision Insurance
Employee Discounts
Career Training & Development Opportunities
Paid Time Off starting at 160 hours annually for employees in their first year of service.
Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
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