Associate Actuary - Life Valuation Special Projects

Transamerica•Cedar Rapids, IA

23d•$125,000 - $165,000•Hybrid

About The Position

Transamerica Life seeks a self-driven actuary for a highly visible, leadership development, non-traditional valuation role. The Special Projects team works seamlessly across all Life products (UL, IUL, VUL & Traditional Life). The successful candidate will be tasked to extensively analyze empirical data and produce quantitative forecasting. The ideal candidate must also effectively communicate findings to both actuarial and non-technical senior management, as well as suggest appropriate courses of action.

Requirements

Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field and 5 years of relevant experience.
In lieu of Bachelor's, will accept Master's in a listed discipline and 4 years of relevant experience.
FSA or equivalent professional designation.
In lieu of FSA will accept ASA or equivalent professional designation and 8 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.
Advanced computer skills.

Nice To Haves

GGY AXIS and Power BI experience.
SQL, VBA, Python, and/or Alteryx programming.
Strong communication skills, both verbal and written.

Responsibilities

Understand non-routine transactions related to: UL- ULSG, COI Rate Increases.
IUL/VUL – Reserving & Hedging.
Reinsurance – 3rd Party & Captives.
Traditional Life – Pre- & Post-Term Policyholder Behavior.
Support ad-hoc company initiatives.
Ability to work autonomously under defined timelines.
Capable of prioritizing varied unrelated tasks.
Proficient modeler (AXIS proficiency preferred).
Effective communicator (oral & written) – (Specific prior examples may be requested.)
Demonstrated history of analyzing and analytically interpretating large data sets – (Specific prior examples may be requested).
Exemplifies highest professional integrity and standards.

Benefits

Compensation
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
Health and Work/Life Balance Benefits
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
College Coach 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