- Run business processes, and manage phases of projects that directly impact Transamerica financials.
- Support quarterly Statutory/IFRS/DAC/Unlocking/Loss Recognition, Financial Plan/Capital Reforecast, Principles Based Reserves, and C3P1 models, as well as annual Medium Term Plan, and Cash Flow Testing models.
- Support the annual setting of economic assumptions by working cohesively with members of Life, Health, Annuity, and Risk areas.
- Engage in annual discussions regarding economic assumption changes and facilitate the creation of model files that reflect the updated assumptions.
- Assist customers in explanation of model results attribution and reconciliation.
- Complete required change management documentation each quarter for assumption and/or system updates.
- Resolve potential issues; escalate as appropriate.
- Assist audit partners by providing requested documentation and information as needed.
- Maintain professional and technical knowledge; attend educational workshops, review professional publications, establish personal networks, and participate in professional societies.
- Improve processes to increase reliability and accuracy of results.
- Bachelor's degree in math, actuarial science, statistics, related science field, finance, or related business field
- Two years of related experience (or some exposure with Master's degree)
- Strong knowledge in one or more of the following areas: Insurance liability, asset valuation, derivatives modeling, liquidity management, machine learning, artificial intelligence
- Good understanding of investment and finance concepts, and be able to creatively apply them in solving analytical problems in the business setting
- Experience working with asset liability management processes in insurance or banking
- Understanding of actuarial and accounting
- Hybrid: employees will need to work at a Company office location at times and a remote work location (typically their home) at times.
- Baltimore, MD
- Cedar Rapids, IA
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Description
ResponsibilitiesApply