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Int Product Actuarial Analyst

Transamerica

Life/Insurer/IC Level

Int Product Actuarial Analyst

Transamerica

Cedar Rapids, Iowa · Hybrid · Yesterday

Salary
$69k - $85k
Experience
4+ Years

Role Summary

Role type

Specialist in a large insurer

Closer to a big-carrier specialist than a modelling-heavy IC—the work supports established product systems and controls rather than standalone model ownership.

Associate Life product actuarial role in Cedar Rapids, Iowa, supporting product development, system calculations, testing, reporting, and regulatory alignment. The hybrid position requires three office days weekly and four years of modeling, systems analysis, or data analytics experience, with compensation of $69,000-$85,000 plus a potential 7.5% 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
  • Moderate understanding of actuarial concepts, including risk management, interest rate models
  • Experience supporting product design projects and knowledge of associated regulatory requirements

Strongly preferred

  • 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, particularly CyberLife, LifePRO, LifeComm
  • Knowledge of life products (Term, Whole Life, Universal Life, Indexed Universal Life, Variable Universal Life)
  • Visual Basic / Excel macro-writing experience
  • SQL and Access experience

Skills & Domain

ToolsExcelAccess
DomainLife product development and pricingLife administration systems (CyberLife, LifePRO, LifeComm)Life products (Term, Whole Life, UL, IUL, VUL)Regulatory requirements for product design