Modeling Lead – Insurance & ALM (Hybrid)

Transamerica; Cedar Rapids (IA); Hybrid; USD 136,000 - 165,000; Full time

Benefits offered by this job

Pension Plan

401k Match

Medical Insurance

Tuition Reimbursement

Career Training & Development

Job summary

Transamerica seeks a senior quantitative modeling professional to lead complex insurance, asset valuation, and liquidity models. You will develop and validate models using actuarial and financial analytics, partnering with ALM and risk teams to drive risk-adjusted returns.

The role requires strong programming skills, leadership, and the ability to manage multiple projects across a hybrid work environment in the US.

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.
• Eight years of modeling experience (or six with Master's degree) with expert knowledge in two or more products such as insurance liability, asset valuation, derivatives modeling, liquidity management, machine learning, or artificial intelligence
• Five years of experience in advanced programming or actuarial systems customization
• Familiarity with asset liability management practices
• Good understanding of investment and finance concepts to creatively solve analytical problems
• Leadership skills to manage teams and projects

Responsibilities

• Lead modeling activities on various insurance liabilities, fixed-income assets and derivatives in actuarial systems, including AXIS/ALFA/MoSes.
• Model and quantify risks including equity and interest rate sensitivities, cash flow variability, credit, alternative investment, or liquidity risks.
• Collaborate with key stakeholders from business line valuation, ALM, risk management, and financial/risk reporting etc.
• Embrace new technologies to improve workflows
• Build external or embedded controls to mitigate operating risks in workflows
• Apply risk management techniques and procedures.

Skills

Modeling experience

Advanced programming

Asset liability management

Investment concepts

Leadership

Quantitative analysis

Education

Bachelor’s degree in a technical/quantitative discipline

Tools

Python

C++

VBA

Job description

Transamerica seeks a senior quantitative modeling professional to lead complex insurance, asset valuation, and liquidity models. You will develop and validate models using actuarial and financial analytics, partnering with ALM and risk teams to drive risk-adjusted returns.

The role requires strong programming skills, leadership, and the ability to manage multiple projects across a hybrid work environment in the US.