AXIS Modeler responsible for developing actuarial models within the AXIS platform. Focused on Universal Life products with testing and ongoing enhancements.
About the role
- Actuarial Intern at Transamerica focusing on data analysis, product development, and financial reporting. Engaging in various actuarial projects while supported by a collaborative team environment.
Responsibilities
- Compile data for experience analyses and prepare related reports
- Assessing current and new product designs for feasibility in the marketplace
- Translating product specifications into valuation assumptions for new products
- Pricing of new and existing product designs to ensure that Division profit goals are met
- Assisting in statutory, GAAP, and tax valuation and other miscellaneous reserving requirements
- Assist with quarterly ALM risk profiles, investment income budget, regulatory reserve adequacy testing and determination, and other actuarial valuation
- Building and running computer asset/liability models using actuarial modeling software
- Conversion of existing actuarial systems to new platforms
- Automate processes by writing programs or macros
Requirements
- Freshmen, Sophomores, and Juniors enrolled as full-time students, ideally majoring in Actuarial Science, Mathematics, or Statistics.
- Strong mathematical skills, analytical skills, initiative, and attention to detail
- Strong written and oral communication skills
- Desire to work in a team environment
- Knowledge of MS Excel or other spreadsheet applications
- Knowledge of at least one computer programming language and/or Visual Basic
- Knowledge of R, Python, or similar database applications
- Familiarity with MS Access or other database applications is preferred
- Previous or current leadership experience is preferred
Benefits
- 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
- Be Well Company holistic wellness program
- Parental Leave – fifteen (15) days of paid parental leave per calendar year
- Adoption Assistance
- Employee Assistance Program
- College Coach 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
Job title
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Tech skills
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