Associate Actuary, Underwriting Risk Management (hybrid)

Transamerica Corporation

Cedar Rapids, Iowa, US
Base: $125,000 - $140,000 annually; bonus: eligibl...
Hybrid
Design and pricing of insurance products
Oversee actuarial modeling and risk management teams
Analyze sales persistency and mortality experience
This role directs the design, pricing, and implementation of insurance products while overseeing a small team within actuarial modeling and risk management

Job Summary

  • This role directs the design, pricing, and implementation of insurance products while overseeing a small team within actuarial modeling and risk management.
  • The position requires providing reports and analyses on sales, persistency, and mortality experience for various product lines to management.
  • Transamerica offers a comprehensive benefits package including a pension plan, 401k match, and 160 hours of paid time off annually.

Matching Summary

This role directs the design, pricing, and implementation of insurance products while overseeing a small team within actuarial modeling and risk management.

Salary

Base: $125,000 - $140,000 annually; Bonus: Eligible for Annual Bonus based on Company Bonus Plan/Individual Performance; Benefits: Pension Plan, 401k Match, Employee Stock Purchase Plan

Skills & Requirements

Must-have

  • Design and pricing of insurance products
  • Oversee actuarial modeling and risk management teams
  • Analyze sales persistency and mortality experience

Nice-to-have

  • High quality leadership and judgment skills
  • Effective communication of advanced mathematical concepts
  • Ability to work under pressure and time constraints

Key Requirements

  • FSA or equivalent professional designation
  • Bachelor's Degree in Actuarial Science or related field
  • 5 years of relevant experience
  • Hybrid work arrangement in Cedar Rapids, Baltimore, or Philly

Work Rights

Not specified

Tailored Resume

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