Actuary: Validation & AI-Driven Special Projects

Transamerica; Baltimore (MD); Hybrid; USD 128,000 - 165,000; Full time

Benefits offered by this job

Pension Plan

401k Match

Employee Stock Purchase Plan

Tuition Reimbursement

Medical Insurance

Dental Insurance

Vision Insurance

Career Training & Development

Job summary

Transamerica is seeking an actuary to join the Model Development and First Line Validation team. The role focuses on AXIS model development across Life, Health and Annuity, producing reserves, IFRS 17 liabilities, US GAAP and capital-related insights.

You will collaborate with risk teams, implement US GAAP calculations, and lead initiatives including AI adoption to streamline workflows. The hybrid in-office schedule is three days per week in designated hub locations.

Qualifications

• Bachelor's degree in actuarial science, mathematics, statistics, economics or related field.
• FSA or ASA designation; or 8 years of relevant experience in lieu of designation.
• Strong leadership and communication skills.
• Ability to work under pressure and meet deadlines.
• Excellent computer skills.

Responsibilities

• Contributes to the development of modeling best practices, standards, and frameworks applicable to AXIS models.
• Supports the implementation of US GAAP calculations in the Life, Health and Annuity models.
• Supports baselining and control review of US GAAP implementation in AXIS models.
• Works with experience studies, business unit partners, and risk teams to develop testing plans.
• Serves as a key resource for replication spreadsheets, annual unlocking reviews, and on-top technical reviews.
• Leads several special project initiatives, including AI adoption, to improve existing workflows within the Model Development and First Line Validation team.

Skills

SQL Server

VBA

Alteryx

Python

R

Leadership

Communication

Education

Bachelor's degree in actuarial science, mathematics, statistics, economics or related field

FSA or ASA designation

Master's degree in listed discipline

Tools

Microsoft SQL Server

VBA

Alteryx

Python

R

Job description

Transamerica is seeking an actuary to join the Model Development and First Line Validation team. The role focuses on AXIS model development across Life, Health and Annuity, producing reserves, IFRS 17 liabilities, US GAAP and capital-related insights.

You will collaborate with risk teams, implement US GAAP calculations, and lead initiatives including AI adoption to streamline workflows. The hybrid in-office schedule is three days per week in designated hub locations.