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Int Product Actuarial Analyst

Transamerica

Life/Insurer/IC Level

Int Product Actuarial Analyst

Transamerica

Denver, Colorado, United States · Hybrid · Yesterday

Salary
$69k - $85k

Role Summary

Role type

Specialist in a large insurer

Closer to a large-carrier specialist role than a lean-team generalist because the work is anchored in established life products, administration systems, and regulatory controls.

Associate Life actuarial product-development role in Cedar Rapids or Denver, supporting individual life and annuity products. You’ll perform calculations, validate policy administration systems, analyze data, support testing and sign-off, and help align products with regulatory requirements. The role is hybrid, with three in-office days each week, and pays $69,000-$85,000 plus a discretionary 7.5% annual bonus.

Requirements

Must have

  • Bachelor's degree in actuarial science, mathematics, finance, or equivalent experience
  • Four years of experience in modeling, business systems analysis, or data analytics

Strongly preferred

  • Moderate understanding of actuarial concepts, including risk management, interest rate models
  • Experience supporting product design projects and knowledge of associated regulatory requirements
  • Moderate technical proficiency to maintain and enhance policy administration systems including rate tables
  • Strong analytical and reporting skills
  • Strong written and verbal communication skills
  • Strong organizational skills to manage multiple priorities within deadlines
  • Moderate experience and skills with MS Excel formula usage and creation
  • Moderate experience with modeling software and programming languages (e.g. Access, SQL, Visual Basic)
  • Advanced skill at working independently and collaborating in a team environment

Nice to have

  • Experience with life administration systems (CyberLife, LifePRO, LifeComm)
  • Knowledge of life products (Term, Whole Life, Universal Life, Indexed Universal Life, Variable Universal Life)
  • Visual Basic / Excel macro-writing experience
  • Product-design experience

Skills & Domain

ToolsExcelAccess
DomainLife product development supportState and federal regulatory requirements for life products