ALM Modeling - Senior Actuary

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.* Lead modeling activities on various insurance liabilities, fixed-income assets and derivatives in actuarial systems, including AXIS.* Model and quantify risks including equity and interest rate sensitivities, cash flow variability, credit, alternative investment, or liquidity risks.* Collaborate with key stakeholders from business line valuation, ALM, risk management, financial/risk reporting, etc.* Embrace new technologies to improve workflows.* Design and build external or embedded controls to mitigate operating risks in workflows.* Apply risk management techniques and procedures, including the company's mandated risk methodologies.* Gather and analyze market data, calculate hedge program or portfolio statistics and develop/use models to simulate financial reporting processes.* Serve as a company-wide expert in multiple specialties, including portfolio yield projections.* Act as a subject matter expert for colleagues with less experience.* Apply and integrate statistical, mathematical, predictive modeling and business analysis skills to manage and manipulate complex high volume data from a variety of sources.* Design and lead multiple projects, with accountability for ongoing activities and objectives.* Review the work of others, providing direction and insight on research solutions to problems presented.* Develop staffing plans, recruit qualified candidates, and develop internal staff resources.* Lead multiple advanced research projects.* Interpret internal or external issues and recommend solutions/best practices.* Solve complex problems; take a broad perspective to identify solutions.* Build efficient models and processes* Apply judgment to modeling choices in a defensible manner.* Assess the materiality of various modeling and data choices.* 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.* Experience with asset liability management practices* Comprehensive understanding of investment and finance concepts to creatively solve complex analytical problems* Leadership capabilities to direct teams and projects* Advanced degree* Insurance or asset/derivatives modeling experience* AXIS software experience- The Salary for this position generally ranges between $157,000 - $175,000 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.* Pension Plan* 401k Match* Employee Stock Purchase Plan* Tuition Reimbursement* Disability Insurance* Medical Insurance* Dental Insurance* Vision Insurance* Employee Discounts* Career Training & Development Opportunities #J-18808-Ljbffr