Senior Modeling Lead - Insurance & ALM Analytics

Transamerica; Denver (CO); Hybrid; USD 136,000 - 165,000; Full time

Benefits offered by this job

Pension Plan

401k Match

Tuition Reimbursement

Medical Insurance

Paid Time Off

Job summary

Transamerica in Denver, CO is seeking a senior modeling professional to build and analyze risk models for insurance liabilities, assets, and derivatives. You will leverage actuarial, financial, and data science techniques to develop, test, and validate models that support risk-adjusted returns across the company.

The role requires leadership of multiple projects, collaboration with ALM, valuation and risk teams, and the ability to apply advanced statistical methods to large datasets.

Qualifications

• Bachelor’s degree in a technical/quantitative discipline.
• 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.

Skills

Leadership

Statistical modeling

ALM modeling

Data analysis

Communication

Education

Bachelor’s degree in statistics/math/CS/engineering/economics/finance

Tools

AXIS/ALFA/MoSes

SAS

R

SPSS

QRM

Job description

Transamerica in Denver, CO is seeking a senior modeling professional to build and analyze risk models for insurance liabilities, assets, and derivatives. You will leverage actuarial, financial, and data science techniques to develop, test, and validate models that support risk-adjusted returns across the company.

The role requires leadership of multiple projects, collaboration with ALM, valuation and risk teams, and the ability to apply advanced statistical methods to large datasets.