This role will lead the Transamerica sensitivity process, which calculates actuarial results under a number of different economic and underwriting scenarios. This position will support, develop and maintain the sensitivity model, as well as interact with a wide range of functions and specialties across the organization to coordinate and support the quarter sensitivity process.

Responsibilities

  • Refine Sensitivity Tool methodologies, assumptions, and processes, and reviews actuarial calculations and assumptions utilized within the tool.
  • Develop and maintain documents used to fulfill audit requirements and model validations.
  • Manage overall Sensitivity Tool workflow, addressing all matters related to: processes, calculations, and methodology.
  • Communicate effectively with each line of business providing consultation and clarification on the tool’s applications and calculations.
  • Assists with improving the quarterly reporting process to ensure accuracy and efficiency of the tool output.
  • Informs key stakeholders (Finance/ALM/Risk Management) on tool methodology and assumption, utilizing clear and concise (written/verbal) communication.

Qualifications

  • FSA or equivalent professional designation along with Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field and 6 years of relevant experience. In lieu of Bachelor's in these fields, will accept Master's in a listed discipline and 4 years of relevant experience.
  • Demonstrates high quality leadership, judgment, organization and prioritization skills.
  • 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.

Preferred Qualifications

  • Programming skills.
  • IFRS 17 experience.
  • Superb computer skills.

Working Conditions

  • Normal office environment. 
  • Limited travel may be required.

Compensation 

**Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to applicable pay transparency and compensation posting laws. It is estimated based on what a successful candidate might be paid in certain Company locations.** 

The Salary for this position generally ranges between $117,000-$147,000 annually. This range is an estimate, based on potential qualifications and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law. 

Bonus Eligibility:

This position is also typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at Company Discretion.