Actuary – Validation & AI Projects (Hybrid)

Transamerica Corporation; Cedar Rapids (IA); Hybrid; USD 128,000 - 165,000; Full time

Benefits offered by this job

Pension Plan

401k Match

Medical Insurance

Dental Insurance

Vision Insurance

PTO 160 hours/year to start

11 paid holidays/year

Job summary

Transamerica Corporation is seeking an experienced actuary to join the Actuarial Model Development and First Line Validation team in a hybrid role based in Cedar Rapids. The role focuses on AXIS models across Life, Health, and Annuity spaces, covering reserves, IFRS 17 liabilities, US GAAP, and related analyses.

The candidate will collaborate with cross‑functional partners to implement US GAAP, develop testing plans, and lead AI adoption initiatives to streamline workflows and improve model

Qualifications

• Bachelor's degree in actuarial science, Mathematics, Statistics, Economics or related field and 5 years of relevant experience.
• FSA or equivalent professional designation.
• In lieu of FSA will accept ASA or equivalent professional designation and 8 years of relevant experience.
• In lieu of Bachelor's, will accept Master's in a listed discipline and 4 years of relevant experience.

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 that provide assurance around actuarial model changes.
• Serves as a key resource for completion of replicating spreadsheets, annual unlocking reviews, and on-top technical reviews throughout the course of the year.
• Leads several special project initiatives, including AI adoption, to improve existing workflows within the Model Development and First Line Validation team.

Skills

Microsoft SQL Server

VBA

Alteryx

Python

R

Education

Bachelor's degree in actuarial science

FSA or ASA designation

Master's degree in a listed discipline

Job description

Transamerica Corporation is seeking an experienced actuary to join the Actuarial Model Development and First Line Validation team in a hybrid role based in Cedar Rapids. The role focuses on AXIS models across Life, Health, and Annuity spaces, covering reserves, IFRS 17 liabilities, US GAAP, and related analyses.

The candidate will collaborate with cross‑functional partners to implement US GAAP, develop testing plans, and lead AI adoption initiatives to streamline workflows and improve model