Staff Actuary (Life Valuation Special Projects)

Transamerica • Cedar Rapids, IA

6d • Hybrid

About The Position

We are seeking an actuarial professional to join a newly formed team within Life Valuation focused on advancing strategic priorities across valuation, modeling, data infrastructure, and process transformation. The team was established to help shift the organization from reactive issue resolution toward proactive identification of opportunities, operational efficiencies, and long-term capability development. This role offers a unique opportunity to influence the future state of valuation processes, improve data and reporting capabilities, support enterprise initiatives, and contribute to key business and financial reporting priorities. The successful candidate will work across actuarial, finance, data, and technology functions to deliver meaningful improvements that enhance efficiency, transparency, and decision-making.

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 3 years of relevant experience.
• ASA or equivalent professional designation.
• Demonstrates high quality 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

• Experience in life valuation, financial reporting, assumption development, or actuarial modeling.
• Exposure to US GAAP, statutory reporting, principle-based reserving, or related valuation frameworks.
• Experience with business process improvement, automation, or transformation initiatives.
• Strong data analytics skills, including experience with SQL, Python, Power BI, or similar tools.
• Familiarity with actuarial modeling platforms such as AXIS or comparable systems.
• Experience developing management reporting, dashboards, or analytical solutions.

Responsibilities

• Identify opportunities to improve valuation processes, controls, and operational effectiveness.
• Lead and support initiatives that enhance efficiency, scalability, and consistency across valuation activities.
• Help transition valuation efforts from ad hoc investigations and manual analyses to proactive monitoring and issue identification.
• Collaborate with stakeholders to evaluate current processes and implement sustainable improvements.
• Support valuation model development, enhancement, and validation efforts.
• Participate in initiatives related to financial reporting modernization and future-state valuation capabilities.
• Analyze and improve valuation data sourcing and data flow processes.
• Partner with data and technology teams to strengthen data quality, transparency, and governance.
• Develop analytical tools, reporting capabilities, and dashboards that provide timely insights to management.
• Automate manual processes and strengthen controls to reduce operational risk and improve reporting efficiency.
• Support high-priority strategic ad-hoc projects across the Life business.
• Collaborate with cross-functional stakeholders to develop solutions for complex actuarial and business challenges.
• Provide analytical support for initiatives involving valuation, financial reporting, modeling, and process transformation.
• Assist with implementation and integration activities associated with new business opportunities and strategic initiatives.
• Support assumption review, monitoring, and governance processes.
• Perform analyses to assess the business impact of assumption changes and emerging experience trends.
• Identify opportunities to streamline assumption maintenance activities while maintaining appropriate governance standards.
• Assist in developing frameworks and methodologies that improve efficiency and prioritization of actuarial work.

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
• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level