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ALM Modeling - Senior Actuary

TransamericaCedar Rapids, United States4mo ago
HybridIndividual AnnuitiesIndividual Life ProtectionAsset-Liability ManagementCapital Modelling & Economic CapitalPredictive Modelling & ML

Role Summary

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HIGHLIGHTS

Senior ALM Modeling actuary role at Transamerica in Cedar Rapids, IA. You will build and analyze models for insurance liabilities, fixed-income assets and derivatives, lead multiple projects, and act as a subject matter expert. The role includes staff development responsibilities and uses actuarial systems such as AXIS in a hybrid work model.

JOB DESCRIPTION SUMMARY

  • Senior ALM actuary building models for liabilities, assets and derivatives
  • Lead multiple advanced modeling projects and review others' work
  • Serve as subject matter expert and develop internal staff
  • Work with AXIS and embrace new technologies to improve workflows
  • Hybrid role — three days per week in Cedar Rapids hub

DOMAIN EXPERTISE

  • Modeling insurance liabilities and fixed-income assets
  • Quantifying equity and interest rate sensitivities and cash flow variability
  • Portfolio yield projection and hedge program analysis
  • AXIS actuarial system experience

KEY REQUIREMENTS

  • FSA or equivalent designation and Bachelor's + 8 years relevant experience (or Master's + 6 years)
  • Or ASA (or equivalent) with 14 years relevant experience in lieu of FSA
  • Proven leadership and staff development experience
  • Experience modeling insurance liabilities, assets and interest rate/equity risks
  • Authorized to work in the U.S. without sponsorship

TECH STACK

  • No tech stack specified