Open UL Valuation Manager, Assoc Actuary Level 3 (EBS)

Job Description
The Transamerica companies offer a wide array of innovative financial services and products with a common purpose: to help individuals, families, and businesses build, protect and preserve their hard-earned assets. With more than a century of experience, we have built a strong reputation on solid management, sound decisions and consumer confidence. The Transamerica companies are wholly-owned subsidiaries of AEGON N.V., an international life insurance, pension, and asset management company based in The Hague, the Netherlands. AEGON has businesses in over twenty markets in the Americas, Europe and Asia serving over 40 million customers across the globe.

Enterprise Business Services (EBS) is a new Division within Transamerica that has been established to identify common functions across the organization that could potentially be better leveraged as a shared service. We are committed to enhancing financial results through creativity, innovation, risk management, and service while treating our policyholders, employees, and other customers with integrity and respect.

Responsibilities

Directs and provides leadership in the Statutory, Tax and IFRS valuation of our UL insurance products. Oversees a small team within the FAS97 valuation area.

· Spearheads the quarterly valuation of our most visible block of UL products.

· Will provide and present a quarterly attribution analysis of IFRS earnings to divisional CFO and Chief Actuary.

· Monitors and analyzes developments in actuarial techniques, laws and regulations applicable to company operations, and competitive developments in the marketplace as well as those specific to UL block.

· May represent the company on industry and professional committees and/or with regulators.

· Will supervise a small team of actuarial students.

· Other duties as assigned based on divisional needs.

· Conforms with and abides by all regulations, policies, work procedures, instruction, and all safety rules.

· Exhibits regular, reliable, punctual and predictable attendance.



Qualifications

SA or equivalent professional designation along with Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field and 3+ years of general industry experience. In lieu of Bachelor's, will accept Master's in a listed discipline and 4 years of relevant experience. In lieu of FSA will accept ASA or equivalent professional designation and at least 6 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. Must demonstrate a willingness to instigate and promote change; and be willing to adopt calculated risks to do so. This is a non-rotational position with the ideal candidate expected to remain for a period of at least 2 years. Excellent computer skills.



Preferred Qualifications

Prior experience with actuarial valuation software (e.g. PolySystems) would be a plus.

Company

Transamerica Insurance, Inc

Job Code

State or Province

Iowa

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