Associate Actuary - Valuation Special Projects

Job Family

Actuarial

At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential of leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests.

Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment — one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there.

We believe everyone deserves to live their best life. More than a century ago, we were among the first financial services companies in America to serve everyday people from all walks of life.

Today, we’re part of an international holding company, with millions of customers and thousands of employees worldwide. Our insurance, retirement, and investment solutions help people make the most of what’s important to them.

We’re empowered by a vast agent network covering North America, with diversity to match. Together with our nonprofit research institute and foundation, we tune in, step up, and are a force for good — for our customers and the communities where we live, work, and play. United in our purpose, we help people create the financial freedom to live life on their terms.

Transamerica is organized into three distinct businesses. These include
1) World Financial Group, including Transamerica Financial Advisors,
2) Protection Solutions and Savings & Investments, comprised of life insurance, annuities, employee benefits, retirement plans, and Transamerica Investment Solutions, and
3) Financial Assets, which includes legacy blocks of long term care, universal life, and variable and fixed annuities. These are supported by Transamerica Corporate, which includes Finance, People and Places, General Counsel, Risk, Internal Audit, Strategy and Development, and Corporate Affairs, which covers Communications, Brand, and Government and Policy Affairs.

Transamerica employs nearly 7,000 people. It’s part of Aegon, an integrated, diversified, international financial services group serving approximately 23.9 million customers worldwide. For more information, visit

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.

• 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.

• 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…