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Senior Actuary - ALM & VA Modeling

TransamericaPhiladelphia, Pennsylvania4mo ago
HybridIndividual AnnuitiesAsset-Liability ManagementReserving & Valuation

Role Summary

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HIGHLIGHTS

Senior Life actuarial role focused on ALM and variable annuity (VA) modeling in Philadelphia. You will design, build and validate balance-sheet models for insurance liabilities, fixed-income assets and derivatives, lead multiple modeling projects, and act as a subject matter expert across valuation, ALM and finance. The role is senior, people-managing and hybrid (three days in office in hub locations).

JOB DESCRIPTION SUMMARY

  • Lead ALM and variable annuity modeling projects for a large life/annuity carrier
  • Build and validate balance-sheet models for liabilities, fixed-income and derivatives
  • Manage and mentor actuarial staff; review others' work and provide technical direction
  • Hybrid role — 3 days per week in office in a hub (Philadelphia, Baltimore, Cedar Rapids)
  • Requires senior credential (FSA/ASA alternatives) and significant relevant experience

DOMAIN EXPERTISE

  • variable annuity modeling
  • asset-liability management (ALM)
  • modeling fixed-income assets and derivatives
  • balance-sheet modelling and valuation
  • actuarial systems customization or advanced programming

KEY REQUIREMENTS

  • FSA or equivalent designation with ~8+ years relevant experience (alternatives noted)
  • In lieu of Bachelor's: Master's + 6 years; in lieu of FSA: ASA + 14 years experience
  • Demonstrated people management and ability to motivate and develop staff
  • Strong communication of advanced mathematical/analytical concepts to stakeholders
  • Authorized to work in the U.S.; company will not sponsor visas

TECH STACK

  • No tech stack specified