Hybrid ALM Modeler: Risk, Analytics & Finance

Transamerica; Cedar Rapids (IA); 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

Paid Time Off

Job summary

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

You will work in a hybrid office Tue/Wed/Thu, leverage market data, hedge program analysis, and model governance to support risk management and financial reporting in a dynamic environment.

Qualifications

• Bachelor's degree in a technical/quantitative discipline such as statistics, math, actuarial science, computer science, economics, engineering, or a related business field such as finance.
• Academic or job exposure to at least one area product such as insurance liability, asset valuation, derivatives modeling, liquidity management, machine learning, or artificial intelligence.
• 2+ years of programming experience in C++/C#/Python or other advanced language.

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 in workflows.
• Apply risk management techniques and procedures including the company’s risk methodologies.
• Gather and analyze market data, calculate hedge program or portfolio statistics and develop/use models to simulate financial reporting processes.
• Apply and integrate statistical, mathematical, predictive modeling and business analysis skills to manage and manipulate complex high-volume data from various sources.
• Interpret internal or external issues and recommend solutions/best practices.

Skills

Programming in C++/C#/Python

Statistical modeling

Financial concepts

Education

Bachelor's degree in statistics/math/actuarial science/computer science/economics/engineering/finance

Tools

SAS

R

SPSS

Job description

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

You will work in a hybrid office Tue/Wed/Thu, leverage market data, hedge program analysis, and model governance to support risk management and financial reporting in a dynamic environment.