Senior Modeling Lead for Insurance & ALM

Transamerica; Maryland; Hybrid; USD 136,000 - 165,000; Full time

Benefits offered by this job

Pension Plan

401k Match

Employee Stock Purchase Plan

Tuition Reimbursement

Paid Time Off

Parental Leave

Job summary

Transamerica, in a Treasury, Capital Management and Asset Liability Management role in Baltimore, seeks a senior modeler to build and analyze sophisticated models for insurance products, investments and portfolios.

You will lead modeling of insurance liabilities, fixed-income assets and derivatives, quantify risks, collaborate across ALM, risk management and reporting, and apply advanced statistical techniques and programming to large data sets.

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.
• Gather and analyze market data, calculate hedge program or portfolio statistics and develop/use models to simulate financial reporting processes.
• Review the work of others, providing direction and insight on research solutions to problems presented.
• Lead multiple projects, with accountability for ongoing activities and objectives.

Skills

Modeling

Machine learning

Advanced programming

Actuarial systems customization

ALM familiarity

Finance concepts

Leadership

Education

Bachelor’s degree in a technical/quantitative discipline such as statistics, math, actuarial science, computer science, economics, engineering, or related business field such as finance

Tools

SAS

R

SPSS

Job description

Transamerica, in a Treasury, Capital Management and Asset Liability Management role in Baltimore, seeks a senior modeler to build and analyze sophisticated models for insurance products, investments and portfolios.

You will lead modeling of insurance liabilities, fixed-income assets and derivatives, quantify risks, collaborate across ALM, risk management and reporting, and apply advanced statistical techniques and programming to large data sets.