Directs and provides leadership in the design, pricing, and implementation of insurance products.

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.

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.

For this highly sought position the successful candidate must possess rare, but specific, skillsets:

  • 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.


Professional Qualifications:

  • 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.


Preferred Qualifications:

  • GGY AXIS and Power BI experience.

  • SQL, VBA, Python, and/or Alteryx programming.

  • Strong communication skills, both verbal and written. 


Working Conditions:

  • Hybrid office environment

  • Occasional Travel <10%

#LI-BD1

The Salary for this position generally ranges between $125,000 - $165,000 annually. Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.

Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion.

This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation in order to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.