ALM Modeler: Risk & Financial Modeling

Transamerica; Baltimore (MD); Hybrid; USD 73,000 - 80,000; Full time

Benefits offered by this job

Pension Plan

401k Match

Employee Stock Purchase Plan

Tuition Reimbursement

Medical Insurance

Dental Insurance

Vision Insurance

Paid Time Off 160 hours

Job summary

Transamerica is seeking a Modeler for ALM Modeling to build and analyze sophisticated models for insurance products, investments, and portfolios. You will apply actuarial, financial, statistical, and data science techniques to improve risk-adjusted returns.

The role requires a strong foundation in quantitative disciplines and programming in C++/C#/Python, with a hybrid Office schedule and a competitive compensation package including potential annual bonus.

Qualifications

• Bachelor’s degree in a technical/quantitative discipline such as statistics, math, actuarial science, computer science, economics, engineering, or finance.
• Academic or job exposure to at least one area product such as insurance liability, asset valuation, derivatives modeling, liquidity management, ML or AI.
• Good understanding of investment and finance concepts and ability to apply them to analytical problems.

Responsibilities

• Model and quantify risks including equity and interest rate sensitivities, cash flow variability, credit and liquidity risks.
• Embrace new technologies to improve workflows.
• Build external or embedded controls to mitigate operating risks.
• Apply risk management techniques and company risk methodologies.
• Gather and analyze market data, develop models for financial reporting processes.
• Apply mathematical and statistical skills to manage large data from diverse sources.
• Interpret issues and recommend solutions and best practices.
• Solve complex problems with a broad perspective to identify solutions.
• Make defensible judgments on modeling choices.
• Assess materiality of modeling and data decisions.

Skills

C++

C#

Python

Statistics

Financial modeling

Education

Bachelor's degree in statistics/quantitative field

Advanced degree

Tools

SQL

SAS

R

SPSS

Job description

Transamerica is seeking a Modeler for ALM Modeling to build and analyze sophisticated models for insurance products, investments, and portfolios. You will apply actuarial, financial, statistical, and data science techniques to improve risk-adjusted returns.

The role requires a strong foundation in quantitative disciplines and programming in C++/C#/Python, with a hybrid Office schedule and a competitive compensation package including potential annual bonus.