About the role

Manage and lead model validation activities for market-based insurance products at Transamerica. Ensure compliance and accuracy in model validation and contribute to the development of frameworks.

Responsibilities

Leads the validation and review of actuarial models, ensuring accuracy, compliance with regulatory standards, and alignment with risk management standards.
Prepares and interprets validation findings for presentation to management and stakeholders in Model Validation Committee.
Focuses on model validation of equity-based products (IUL, RILA, and VA).
Monitors and analyzes regulatory, industry, and technical developments impacting model validation and asset modeling.
Provides guidance on modeling methodology, validation best practices, and risk controls.
May support the creation and review of model validation documentation and related technical materials.
Serves as a key resource for major validation projects and initiatives.
May collaborate with or provide input to cross-functional teams, including product, risk, and actuarial groups.

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 10 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
Strong actuarial modeling skills or experience with model validation in an insurance context preferred
Asset knowledge relevant to insurance products; experience with IUL and RILA preferred
Actuarial credentials preferred; CFA designation considered if accompanied by insurance experience
Programming knowledge in Python, R, or VBA is a plus.

Competitive Pay
Bonus for Eligible Employees
Benefits Package
Pension Plan
401k Match
Employee Stock Purchase Plan
Tuition Reimbursement
Disability Insurance
Medical Insurance
Dental Insurance
Vision Insurance
Employee Discounts
Career Training & Development Opportunities
Health and Work/Life Balance Benefits
Paid Time Off starting at 160 hours annually for employees in their first year of service.
Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
Adoption Assistance
Employee Assistance Program
Back-Up Care Program
PTO for Volunteer Hours
Employee Matching Gifts Program
Employee Resource Groups
Inclusion and Diversity Programs
Employee Recognition Program
Referral Bonus Programs