Associate Actuary I (REMOTE)

Transamerica Life seeks a self driven actuary with a strong interest in leading GAAP implementation and ongoing GAAP governance efforts for Universal Life (UL) products. This highly visible role partners closely with teams such as model development, accounting, and finance to interpret evolving accounting requirements, ensure accurate and efficient execution of GAAP changes, and support the development of robust financial reporting processes. The successful candidate will work with a high degree of independence, guiding analytical workstreams, evaluating UL specific assumptions and methodologies, and delivering insights that influence financial results and business decisions. The ideal candidate will demonstrate strong communication skills with both actuarial and non technical senior leadership, collaborate effectively across functions, and recommend practical, well supported actions when navigating complex GAAP or modeling considerations.

Lead implementation of GAAP valuation reporting for the UL blocks of business

Prepare reports and tools used to analyze quarterly GAAP financial results

Perform technical reviews of model changes, validating assumptions, methodologies, and coding for accuracy and compliance.

Document and communicate testing results, technical findings, and recommendations to stakeholders.

Experience with life insurance products.

Demonstrated history of analyzing and interpreting large data sets (specific prior examples may be requested).

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 4 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.

GGY AXIS and Power BI experience.

SQL, VBA, Python, and/or Alteryxprogramming.

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).

Relocation assistance will not be provided for this position

Occasional Travel Limited travel may be required

Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.

Additionally, this position is typically eligible for an Annual Bonus of 15% based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion.

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