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Senior Actuary - VA/RILA IFRS Valuation

Full Time
Actuarial
United States

Breadcrumb

  1. Vacancies
The senior actuary will lead multi basis financial reporting for Transamerica’s Variable Annuity and Registered Index Linked Annuity (RILA) businesses, with accountability for high quality IFRS, US GAAP, and Statutory/NAIC reporting and analysis.

Responsibilities

  • Plays an active role in guiding the preparation and interpretation of actuarial and financial information.
  • Exercises significant judgment in setting priorities and determining necessary tasks.
  • Provides guidance and advice regarding technical actuarial issues such as pricing rates, modeling methodology, reserving principles and related matters.
  • Leads the preparation and interpretation of actuarial information for presentation to Senior Management.
  • Supports and assists Actuarial management to develop actuarial policies and procedures.
  • Leads several key projects at various times during the year.
  • Leads the development of actuarial talent within the organization.
  • Represents the company on industry and professional committees and/or with regulators.
  • Manages a team of employees.


Qualifications

  • 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.


Working Conditions

  • Hybrid Office Environment
  • Occasional Travel <10%
  • Limited travel may be required

Compensation

  • The Salary for this position generally ranges between $160,000 - $200,000 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. 

Applicants must possess legal authorization to work for our company in the U.S. without the need for immigration, sponsorship or otherwise serving as an employer of record for immigration employment purposes. At this time, this role is not eligible for immigration-related employment authorization sponsorship.


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 to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.

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