Responsibilities
- Leads the preparation and interpretation of actuarial assumptions for presentation to management.
- Works with the Experience Studies team to formulate assumptions for Individual Solution's life insurance products.
- Leads Governance meetings to approve changes in assumptions.
- Works with modelers to ensure assumptions are implemented correctly.
- Maintains each product's Assumptions Log
- Manages studies that underlie actuarial assumptions and provides assumptions and data to others.
- Provides guidance and advice to the Pricing team regarding assumptions. And when appropriate, suggests changes to product assumptions.
- As needed, represent the Product Finance team at various internal actuarial Working Group meetings
- FSA or equivalent professional designation along with Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field and 7 years of relevant experience, In lieu of Bachelor's, will accept Master's in a listed discipline and 5 years of relevant experience.
- In lieu of FSA will accept ASA or equivalent professional designation and 12 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.
- IUL/VUL/UL Knowledge and/or experience
- Programming skills (Excel, Python, Alteryx)
Compensation:
The salary for this position generally ranges between $129,000-$171,000. This range is an estimate, based on potential employee qualifications, operational needs and other considerations permitted by law. The range may vary above and below the stated amounts, as permitted by Colorado Equal Pay Transparency Rule 4.1.2.
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.
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.
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.