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
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