This role serves an internal consultant on IFRS 17 reporting, interacting with a wide range of people across the organization to solve problems and proactively improve methodologies. The role is highly visible, so it will well position the successful candidate for a senior role in the organization, after the project work is complete. In addition, this position will help lead methodology decisions for Transamerica’s entrée into reporting LDTI (new U.S. GAAP) and Bermuda solvency capital.

Responsibilities

  • Develops creative solutions to original problems

  • Leads cross-functional working groups to build consensus solutions on various topics

  • Projects earnings and develops “rules of thumb” for helping management understand the expected pattern of earnings and the risks

  • Plays an active role in guiding the preparation and interpretation of actuarial and financial information

  • Exercises significant judgment in setting priorities and determining necessary tasks

  • Provides guidance and advice regarding technical actuarial issues

  • Leads the preparation and interpretation of actuarial information for presentation to Senior Management and auditors

  • Supports and assists management to develop actuarial policies and procedures

  • Leads several key projects at various times during the year

  • Contributes to the development of actuarial talent within the organization

  • Represents the company on industry and professional committees and/or with regulators

  • Manages a team of employees

The role does not entail:

  • Reporting quarterly earnings

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. In lieu of FSA, will accept ASA or equivalent professional designation and 10 years of relevant experience.

  • IFRS 17 or related experience.

  • Working knowledge of key accounting concepts, in particular, the bottom-up construction of income statements, balance sheets, and their reconciliation.

  • 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.

  • Excellent computer skills.

Working Conditions

  • Normal office or work from home environment. 

  • Limited travel may be required.

The Salary for this position generally ranges between $148,000-186,000 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. 

Additionally in the US, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion. 

Our commitment to inclusion & diversity means that we value differences. We encourage the unique perspectives of persons and are dedicated to creating a respectful and inclusive work environment. 

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