Actuary (Level 2) - Appointed Actuary team

Transamerica•Cedar Rapids, IA

2d•$160,000 - $180,000•Hybrid

About The Position

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

Requirements

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 prioritization skills.
Effectively communicates, both verbally and in writing, advanced mathematical and analytical concepts to various audiences.
Works well under pressure and within time constraints to effectively accomplish individual and team objectives.
Excellent computer skills.

Nice To Haves

Proficient Knowledge of Asset Adequacy Testing
Proficient Knowledge of Annual Statement and similar regulatory requirements
Programming skills.

Responsibilities

Leads the preparation and interpretation of actuarial information for presentation to management.
Monitors profitability by line of business and/or product and develops supporting reports and/or analyses.
Maintains the product line or Corporate process to comply with various state and federal regulations.
Manages studies that underlie actuarial assumptions and provides assumptions and data to others.
May support creation of systems specifications, contracts, commission structures, and other actuarial aspects of product development.
Monitors and analyzes developments in actuarial techniques, laws, and regulations applicable to company operations, and competitive developments in the marketplace.
Recommends appropriate reactions to these developments.
Provides guidance and advice regarding pricing rates, modeling methodology, or reserving and related matters.
Serves as a key resource for completion of one or more major recurring projects during the course of the year.
Represents the company on industry and professional committees and/or with regulators.
Supervise a team of employees.

Benefits

Competitive Pay
Bonus for Eligible Employees
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).
Wellness Coaching
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