Senior Financial Risk Modeler

Transamerica; Baltimore (MD); Hybrid; USD 106,000 - 125,000; 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

Job summary

Transamerica is seeking a senior quantitative modeler to build and analyze sophisticated models for insurance products, investments, and portfolios to improve risk-adjusted returns. You will leverage actuarial, financial, statistical, and data science methods to develop, test, and validate models across functions.

The role requires sophisticated modeling experience, knowledge of investment concepts, and strong collaboration with ALM, risk, and valuation teams.

Qualifications

• Bachelor’s degree in a technical/quantitative discipline such as statistics, math, actuarial science, computer science, economics, engineering, or finance.
• Five years of modeling experience (or three with Master’s) with expert knowledge in at least one product such as insurance liability, asset valuation, derivatives modeling, liquidity management, machine learning or AI.
• Good understanding of investment and finance concepts, and the ability to creatively apply them in solving analytical problems.

Responsibilities

• Support 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.
• 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.

Skills

Modeling experience

Financial concepts

Analytical problem solving

Education

Bachelor’s degree in a technical/quantitative discipline

Tools

MoSes/AXIS/ALFA

SAS, R, SPSS

C++/C#/Python

Job description

Transamerica is seeking a senior quantitative modeler to build and analyze sophisticated models for insurance products, investments, and portfolios to improve risk-adjusted returns. You will leverage actuarial, financial, statistical, and data science methods to develop, test, and validate models across functions.

The role requires sophisticated modeling experience, knowledge of investment concepts, and strong collaboration with ALM, risk, and valuation teams.