Senior Product Actuarial Analyst - Hybrid Role

Transamerica; Denver (CO); Hybrid; USD 88,000 - 110,000; 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 Opportun

Job summary

Transamerica in Denver seeks an experienced Actuarial professional to perform complex calculations, modeling, and risk analysis for life product development. The role requires collaboration with Technology and Operations, ensuring calculations align with product designs and regulations.

The hybrid position offers a salary range of $88,000–$110,000 annually plus a 10% annual bonus, with relocation not provided and three in-office days per week in Denver or Cedar Rapids.

Qualifications

• Bachelor’s degree or equivalent experience in actuarial science, mathematics, finance, or related field.
• Six years of experience in modeling, business systems analysis, or data analytics.
• Strong understanding of complex actuarial concepts including risk management and various payout models.
• Experience supporting product design projects and knowledge of regulatory requirements.
• Advanced technical proficiency to maintain and enhance policy administration systems including rate tables.
• Excellent analytical, reporting, and communication skills.

Responsibilities

• Perform advanced actuarial calculations, data analytics, and system analysis for life product development.
• Align calculations with product/pricing designs and regulatory requirements; create numeric examples for cross-functional use.
• Develop and use complex formulas, macros, and tools to validate system alignment with product specs.
• Collaborate with Technology and Operations to ensure accurate understanding of product specifications.
• Provide final signoff on technical requirements, test plans, and user acceptance testing; report to senior leadership.

Skills

Actuarial concepts

Data analytics

Excel

SQL/Access/VB

Communication skills

Education

Bachelor’s degree in actuarial science, mathematics, finance or equivalent experience

Tools

Access

SQL

Visual Basic

Job description

Transamerica in Denver seeks an experienced Actuarial professional to perform complex calculations, modeling, and risk analysis for life product development. The role requires collaboration with Technology and Operations, ensuring calculations align with product designs and regulations.

The hybrid position offers a salary range of $88,000–$110,000 annually plus a 10% annual bonus, with relocation not provided and three in-office days per week in Denver or Cedar Rapids.