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Aegon

Aegon

Annuity Pricing Staff Actuary

Annuity Pricing Staff Actuary

Job Details
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Uploaded On
June 29, 2023
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Location
Cedar Rapids, United States
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Remote?
No
Company Overview
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Headquarters
The Hague, Netherlands
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Number of Employees
28000
Estimated Number of Actuaries
581
Salary
$
91
k-$
121
k
Glassdoor Ratings
""
Recommend to a Friend
74%
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Overall Score
3.6

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[ The Annuity Pricing team is responsible for the product design and pricing of individual annuities. This position will work with Sales & Marketing and other product development staff to develop products to help increase growth and meet corporate profitability goals and will also assist in MCVNB reporting.

Responsibilities
  • Reporting MCVNB. This involves running ALFA models at quarter/month end and submitting the MCVNB template to corporate.
  • Evaluation of product's profitability and risks
  • Running pricing models and summarizing results
  • Analyze and present results to management
  • Maintaining the pricing models (product changes, VBA coding,...)
  • Developing new products, e.g., RILA
  • Develop and maintain experience studies as needed
  • Quarterly pricing policy compliance
Qualifications
  • 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 3 years of relevant experience.
  • ASA or equivalent professional designation.
  • Strong analytical and problem-solving skills.
  • Strong communication, interpersonal, and project management skills.
Preferred Qualifications
  • Programming skills.
Working Conditions
  • Normal office environment.
  • Limited travel may be required.
The US salary for this position generally ranges between $91,000-$121,000 annually. This range is an estimate, based on potential employee 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.

#LI-remote #IND123
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.

Applicants with physical or mental disabilities may be entitled to a form of reasonable accommodation under the Americans with Disabilities Act and certain state and local laws. A reasonable accommodation is a change in the way things are normally done which will insure equal employment opportunity without imposing undue hardship on the Transamerica Companies. If you are a job seeker with a disability, or are assisting someone with a disability, and require assistance to apply for one of our jobs, please contact: applicantsupport@transamerica.com.

Technical Assistance:

If you experience technical problems during the application process, please email applicantsupport@transamerica.com. ]
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Working at 

Aegon

Aegon is a prominent global leader in the insurance and financial services industry, with a strong presence in over 20 countries. With a rich history spanning more than 175 years, Aegon has established itself as a trusted provider of innovative and reliable solutions to meet the diverse needs of its customers. As an actuary at Aegon, you will be an integral part of a dynamic team that drives the company's success through comprehensive risk assessment and management. Aegon values the expertise and insights of its actuaries, who utilize advanced analytical tools and methodologies to evaluate risks, develop pricing strategies, and ensure the financial stability of the company. With a diverse portfolio encompassing life and health insurance, retirement planning, and asset management solutions, Aegon offers actuaries a wide range of opportunities to apply their skills and make a meaningful impact. Collaborating with talented professionals, you will work on complex projects and contribute to the company's growth. Aegon is committed to nurturing professional development and provides actuaries with ongoing training and support to enhance their skills and expertise. The company fosters a culture of innovation, encouraging employees to bring forth fresh ideas and drive positive change. Join Aegon's esteemed actuarial team and embark on a fulfilling career where you can contribute to the financial security and well-being of individuals and businesses worldwide. Experience a stimulating work environment, competitive benefits, and the opportunity to shape the future of the insurance industry.

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