Associate Actuary - Valuation Special Projects

Associate Actuary - Life Valuation Special Projects

Join to apply for the Associate Actuary - Life Valuation Special Projects role at Transamerica

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, and suggest appropriate courses of action.

• 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.

• 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 interpreting large data sets – specific prior examples may be requested.
• Exemplifies highest professional integrity and standards.

• 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.

• GGY AXIS and Power BI experience.
• SQL, VBA, Python, and/or Alteryx programming.
• Strong communication skills, both verbal and written.

• Hybrid office environment
• Occasional travel

Salary: $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.

• 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 paid holidays per year (typically mirroring the New York Stock Exchange holidays).
• Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
• Parental Leave – fifteen 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