Associate Actuary - Equity Valuation

Transamerica Corporation

Cedar Rapids, US
Base: $128,000 - $165,000 annually; bonus/equity: ...
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Gaap valuation reporting for iul
Analyze quarterly gaap financial results
Technical reviews of model changes
** Transamerica Corporation is seeking an Associate Actuary to lead GAAP implementation and governance for Indexed Universal Life products. The role requires strong analytical skills, effective communication, and the ability to work autonomously in a collaborative environment. **

Job Summary

  • Lead implementation of GAAP valuation reporting for the IUL blocks of business.
  • Perform technical reviews of model changes, validating assumptions, methodologies, and coding for accuracy and compliance.
  • This is a hybrid position requiring three days (Tuesday-Thursday) in office per week in one of our hub locations (Cedar Rapids, Baltimore, Philadelphia, or Denver).

Matching Summary

Match Score: 75

** Transamerica Corporation is seeking an Associate Actuary to lead GAAP implementation and governance for Indexed Universal Life products. The role requires strong analytical skills, effective communication, and the ability to work autonomously in a collaborative environment. **

Salary

Base: $128,000 - $165,000 annually; Bonus/Equity: Annual Bonus of 15%; Benefits: Comprehensive benefits package

Skills & Requirements

Must-have

  • GAAP valuation reporting for IUL
  • Analyze quarterly GAAP financial results
  • Technical reviews of model changes
  • AXIS proficiency strongly preferred
  • Analyze and interpret large data sets

Nice-to-have

  • Collaborate effectively across functions
  • Recommend practical actions
  • Highest professional integrity and standards

Key Requirements

  • Bachelor's Degree or Master's Degree
  • 5 years of relevant experience
  • FSA or ASA designation
  • 8 years of relevant experience
  • High quality leadership, judgment, organization and prioritization skills

Work Rights

Not specified

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