Actuary

Are you well versed in assisting with valuation, projection modeling and financial reporting? Do you have experience with fixed deferred annuity products and fixed indexed annuities? Are you interested in participating in results and attribution analysis - "story telling", model maintenance, process improvement, and special projects as well as acting as a mentor to students in the actuarial development program? If your answer is yes, we have the job for you!

Responsibilities

• Assist in monthly statutory valuation, reporting, and controls
• Perform quarterly IFRS17, Financial Plan/Budget, Cash Flow Testing and C3P1 modeling with associated reporting and controls
• Perform quarterly attribution analysis to understand and quantify the various drivers for reserve and STAT/IFRS earnings projections movements from period to period
• Conduct and analyze various IFRS17, Financial Plan, Cash Flow Testing, and C3P1 sensitivity tests
• Participate in annual blue book reporting and surveys
• Assist in annual asset adequacy testing
• Collaborate with multiple functions (IT, Model Development, and Model Integrity) and follow proper change management protocol to implement quarterly model changes, enhancements, and assumption updates
• Interact with stakeholders across the business to provide advice and technical expertise
• Identify and execute upon opportunities for process improvement
• Maintain current process documentation
• Perform other duties and special projects as assigned

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, 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.
• 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.

Preferred Qualifications

• Knowledge of MG-ALFA, VBA, SQL, and Alteryx are pluses.

Compensation:

The Salary for this position generally ranges between $112,000- $148,000 annually. This range is an estimate, based on potential qualifications and operational needs. The range may vary above and below the stated amounts, as permitted by Colorado Equal Pay Transparency Rule 4.1.2 and other applicable local regulations.

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.

Working Conditions

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

Company information

Equal Opportunity Employer:

Transamerica Life Insurance Company is an Equal Employment Opportunity employer and does not discriminate against any applicant or employee because of age, religion, sex, gender identity, genetic information, race, color, national origin, pregnancy, sexual orientation, marital status, participation in the uniformed services (e.g. U.S. Armed Forces, National Guard), physical or mental disability, or any other status protected by federal, state, or local equal employment opportunities laws.

AEGON USA Realty Advisors, LLC, is an Equal Employment Opportunity/ Affirmative Action Employer and does not discriminate against any applicant or employee because of age, religion, sex, gender identity, genetic information, race, color, national origin, pregnancy, sexual orientation, marital status, participation in the uniformed services (e.g. U.S. Armed Forces, National Guard), physical or mental disability, or any other status protected by federal, state, or local equal employment opportunities laws.