Modeling Lead: Insurance & ALM Risk Analytics

Transamerica; Baltimore (MD); Hybrid; USD 136,000 - 165,000; Full time

Benefits offered by this job

Pension Plan

401k Match

Tuition Reimbursement

Employee Discounts

Career Training & Development

Job summary

Transamerica is seeking an experienced modeling professional to build and analyze sophisticated models for insurance liabilities, asset valuation, and liquidity management. You’ll lead actuarial projects, quantify risks, and collaborate with ALM, risk reporting, and valuation teams in a hybrid office setting.

The role requires a strong background in statistical and financial modeling, programming in Python/C++/VBA, and leadership to guide teams and projects.

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, including the company's mandated risk methodologies.
• Gather and analyze market data, calculate hedge program or portfolio statistics and develop/use models to simulate financial reporting processes.
• Serve as a company-wide expert in multiple specialties.
• Act as subject matter resource for colleagues with less experience.
• Apply and integrate statistical, mathematical, predictive modeling and business analysis skills to manage and manipulate complex high volume data from a variety of sources.
• Lead multiple projects, with accountability for ongoing activities and objectives.
• Review the work of others, providing direction and insight on research solutions to problems presented.
• Manage advanced research projects.
• Interpret internal or external issues and recommend solutions/best practices.
• Solve complex problems; take a broad perspective to identify solutions.
• Build efficient models and processes.
• Apply judgment to modeling choices in a defensible manner.
• Assess the materiality of various modeling and data choices.

Skills

Leadership

Statistical modeling

Data analysis

Team management

Education

Bachelor’s degree in quantitative field

Advanced degree

Tools

Python

C++

VBA

AXIS/ALFA/MoSes

Job description

Transamerica is seeking an experienced modeling professional to build and analyze sophisticated models for insurance liabilities, asset valuation, and liquidity management. You’ll lead actuarial projects, quantify risks, and collaborate with ALM, risk reporting, and valuation teams in a hybrid office setting.

The role requires a strong background in statistical and financial modeling, programming in Python/C++/VBA, and leadership to guide teams and projects.