Senior ALM Modeler — Advanced Risk Analytics (Hybrid)

Transamerica; Cedar Rapids (IA); Hybrid; USD 100,000 - 135,000; 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

Holidays

Wellness program

Parental Leave

Adoption Assistance

Employee Assistance Program

Back-Up Care

ERGs

Job summary

Transamerica is seeking a Senior ALM Modeler to build and analyze sophisticated models for insurance products, investments and portfolios to optimize risk-adjusted returns. You’ll apply actuarial, financial, statistical and data science methods to test and validate models across ALM functions.

The role is hybrid, with three in-office days per week at a hub location (Baltimore, Cedar Rapids, or Philadelphia). A strong background in C++/Python and MoSes/AXIS/ALFA is preferred.

Qualifications

• Bachelor’s degree in a technical/quantitative discipline and 5 years of modeling experience (or 3 with a Master’s).
• Expert knowledge in insurance liability, asset valuation, derivatives modeling, liquidity management, or ML/AI.
• Good understanding of investment and finance concepts and the ability to apply them creatively.

Responsibilities

• Support modeling on insurance liabilities, fixed-income assets and derivatives in actuarial systems (AXIS/ALFA/MoSes).
• Model and quantify risks including equity and rate sensitivities, cash flow variability, credit and liquidity risks.
• Collaborate with stakeholders from valuation, ALM, risk management and financial reporting.
• Embrace new technologies to improve workflows and build controls to mitigate risks.
• Analyze market data, calculate hedge program statistics and simulate financial reporting processes.
• Mentor colleagues and potentially serve as a company-wide expert in a specialty.

Skills

ALM modeling

Financial modeling

Statistical analysis

C++/Python

Data analysis

Education

Bachelor’s degree in statistics/math/actuarial science/computer science

Tools

MoSes/AXIS/ALFA

Excel

SQL

Job description

Transamerica is seeking a Senior ALM Modeler to build and analyze sophisticated models for insurance products, investments and portfolios to optimize risk-adjusted returns. You’ll apply actuarial, financial, statistical and data science methods to test and validate models across ALM functions.

The role is hybrid, with three in-office days per week at a hub location (Baltimore, Cedar Rapids, or Philadelphia). A strong background in C++/Python and MoSes/AXIS/ALFA is preferred.