Modeler - Asset Liability Management (ALM)

Transamerica•Baltimore, MD

1d•$73,000 - $80,000•Hybrid

About The Position

The Modeler - ALM Modeling will build and analyze sophisticated models for insurance products, investments and/or portfolios to increase company risk adjusted returns. Leverages advanced knowledge of actuarial, financial, statistical, data science and/or balance sheet modeling analytics to develop, test and validate models for various functions within the company.

Requirements

Bachelor’s degree in a technical/quantitative discipline such as statistics, math, actuarial science, computer science, economics, engineering, or a related business field such as finance
Academic or job exposure to at least one area product such as insurance liability, asset valuation, derivatives modeling, liquidity management, machine learning, or artificial intelligence
Good understanding of investment and finance concepts, and be able to creatively apply them in solving analytical problems in the business setting

Nice To Haves

Advanced degree
Insurance or asset/derivatives modeling experience
Actuarial Science background
Experience with database design and usage
2+ years of programming experience in C++/C#/Python or other advanced language
SAS, R, SPSS or other statistical software experience

Responsibilities

Model and quantify risks including equity and interest rate sensitivities, cash flow variability, credit, alternative investment, or liquidity risks.
Embrace new technologies to improve workflows.
Build external or embedded controls to mitigate operating risks in workflows.
Apply risk management techniques and procedures, including the company's mandated risk methodologies.
Gather and analyze market data, calculate hedge program or portfolio statistics and develop/use models to simulate financial reporting processes.
Apply and integrate statistical, mathematical, predictive modeling and business analysis skills to manage and manipulate complex high volume data from a variety of sources.
Interpret internal or external issues and recommend solutions/best practices.
Solve complex problems; take a broad perspective to identify solutions.
Apply judgment to modeling choices in a defensible manner.
Assess the materiality of various modeling and data choices.

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
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