Senior Actuary - ALM & VA Modeling

Aegon•Baltimore, MD

50d•$157,000 - $195,000•Hybrid

About The Position

The Senior Actuary will build and analyze sophisticated models for insurance products, investments and/or portfolios to increase company risk adjusted returns. Leverage 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

FSA or equivalent professional designation along with Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field, and 8 years of relevant experience. In lieu of Bachelor's, will accept Master's in a listed discipline and 6 years or relevant experience. In lieu of FSA will accept ASA or equivalent professional designation and 14 years of relevant experience.
Demonstrates high quality leadership, judgment, organization and prioritization skills.
Exhibits effective management skills to motivate and develop a staff.
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.

Nice To Haves

Experience in advanced programming or actuarial systems customization
Experience with asset liability management practices
Comprehensive understanding of investment and finance concepts to creatively solve complex analytical problems

Responsibilities

Design and lead multiple projects, with accountability for ongoing activities and objectives. Projects may involve modeling various insurance liabilities, fixed-income assets and derivatives in Transamerica proprietary actuarial system.
Review the work of others, providing direction and insight on research solutions to problems presented.
Assess the reasonableness of financial impact for model/data changes
Solve complex problems; take a broad perspective to identify solutions.
Collaborate with key stakeholders from business line valuation, ALM, risk management, financial/risk reporting, etc.
Serve as a company-wide expert in actuarial modeling. And act as a subject matter expert for colleagues with less experience.
Interpret internal or external issues and recommend solutions/best practices.
Build efficient models and processes
Apply judgment to modeling choices in a defensible manner, and assess the materiality of various modeling and data choices.

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).
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