Transamerica · 2 weeks ago
Associate Actuary -UL IFRS Valuation Lead
Cedar Rapids, IA
Full-time
Hybrid
Mid, Senior Level
$125K/yr - $165K/yr
5+ years expTransamerica is a financial services company that values hard work and innovative thinking. They are seeking an Associate Actuary to lead a small team in the design, pricing, and implementation of insurance products, focusing on producing timely and accurate IFRS results for the UL block of business and communicating these results to various audiences.
Financial ServicesImpact InvestingInsurance
Responsibilities
Understand non-routine transactions related to UL:
ULSG, COI Rate Increases, policyholder behavior and mortality trends
Reinsurance – Mortality (3rd Party YRT and Coinsurance) and Financial (Captives), IFRS RLRC
Support capital initiatives such as purchases of STOLI policies (ReSTOLI)
Adapt model functionality and output to answer a changing landscapes of questions and concerns
For this highly sought position the successful candidate must possess rare, but specific, skillsets:
Ability to work autonomously under defined timelines
Capable of prioritizing varied unrelated tasks
Efficiently oversee as well as professionally develop a small team of actuaries
Be(come) a proficient modeler (GGY AXIS proficiency preferred)
Effective communicator (oral & written) – (Specific prior examples may be requested.)
Demonstrated history of analyzing and analytically interpretating large data sets – (Specific prior examples may be requested)
Exemplifies highest professional integrity and standards
Qualification
Required
Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field and 5 years of relevant experience. In lieu of Bachelor's, will accept Master's in a listed discipline and 4 years of relevant experience
FSA or equivalent professional designation. In lieu of FSA will accept ASA or equivalent professional designation and 8 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
Advanced computer skills
Ability to work autonomously under defined timelines
Capable of prioritizing varied unrelated tasks
Efficiently oversee as well as professionally develop a small team of actuaries
Be(come) a proficient modeler (GGY AXIS proficiency preferred)
Effective communicator (oral & written) – (Specific prior examples may be requested.)
Demonstrated history of analyzing and analytically interpreting large data sets – (Specific prior examples may be requested)
Exemplifies highest professional integrity and standards
Preferred
GGY AXIS and Power BI experience
SQL, VBA, Python, and/or Alteryx programming
Strong communication skills, both verbal and written
Benefits
Pension Plan
401k Match
Employee Stock Purchase Plan
Tuition Reimbursement
Disability Insurance
Medical Insurance
Dental Insurance
Vision Insurance
Employee Discounts
Career Training & Development Opportunities
Paid Time Off starting at 160 hours annually for employees in their first year of service.
Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
Adoption Assistance
Employee Assistance Program
College Coach Program
Back-Up Care Program
PTO for Volunteer Hours
Employee Matching Gifts Program
Employee Resource Groups
Inclusion and Diversity Programs
Employee Recognition Program
Referral Bonus Programs
Company
Transamerica
Transamerica is a private holding company that provides services for various life insurance companies and investment firms. It is a sub-organization of Aegon.
5001-10000 employees
H1B Sponsorship
Transamerica has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (39)
2024 (33)
2023 (25)
2022 (52)
2021 (42)
2020 (46)
Funding
Current Stage
Late StageTotal Funding
unknown1999-02-19Acquired
Leadership Team
Will Fuller
Chief Executive Officer
Andrew Yorks
Chief Investment Officer
Recent News
2025-12-21
Company data provided by crunchbase