Modeling Specialist - Insurance & ALM Risk

Transamerica; Denver (CO); Hybrid; USD 88,000 - 105,000; Full time

Benefits offered by this job

Pension Plan

401k Match

Employee Stock Purchase Plan

Tuition Reimbursement

Disability Insurance

Medical Insurance

Dental Insurance

Vision Insurance

Employee Discounts

Career Training & Development

Job summary

Transamerica is seeking an experienced modeling professional to build risk-adjusted models across insurance liabilities and asset valuations. You will leverage actuarial, financial, statistical, and data science skills to develop, test, and validate complex models for multiple business functions.

The role requires collaboration with valuation, ALM, risk reporting, and analytics teams. Proficiency in MoSes/AXIS/ALFA, programming in C++/Python, and knowledge of financial instruments are highly

Qualifications

• Bachelor’s degree in a technical/quantitative field such as statistics, math, actuarial science, computer science, economics, engineering, or related finance field.
• Three years of modeling experience (or one with Master’s degree) with knowledge of at least one product such as insurance liability, asset valuation, derivatives modeling, liquidity management, ML or AI.
• Strong understanding of investment and finance concepts and ability to apply them to analytical problems.

Responsibilities

• Support modeling activities on insurance liabilities, fixed-income assets and derivatives in actuarial systems (AXIS/ALFA/MoSes).
• Model and quantify risks including equity and interest rate sensitivities, cash flow variability, credit and liquidity risks.
• Collaborate with stakeholders from valuation, ALM, risk management and financial/risk reporting.
• Embrace new technologies to improve workflows.
• Build external or embedded controls to mitigate operating risks in workflows.
• Apply risk methodologies in modeling and reporting processes.
• Analyze market data and develop models to simulate financial reporting.

Skills

Modeling

Risk analysis

Statistical analysis

Communication

Team collaboration

Education

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

Master's degree (preferred)

Tools

MoSes/AXIS/ALFA

SQL

Python

C++

Job description

Transamerica is seeking an experienced modeling professional to build risk-adjusted models across insurance liabilities and asset valuations. You will leverage actuarial, financial, statistical, and data science skills to develop, test, and validate complex models for multiple business functions.

The role requires collaboration with valuation, ALM, risk reporting, and analytics teams. Proficiency in MoSes/AXIS/ALFA, programming in C++/Python, and knowledge of financial instruments are highly