Senior Quantitative Modeler - Insurance & ALM

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

Job summary

Transamerica Corporation in the United States is seeking a senior modeling professional to design and validate sophisticated models for insurance liabilities, asset valuation, and derivatives. You will leverage actuarial, financial, and data science methods to enhance risk-adjusted returns.

The role requires substantial experience in quantitative modeling, investment concepts, and proficiency with MoSes/AXIS/ALFA or similar tools.

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
• Five years of modeling experience (or three with Master’s degree) with expert knowledge in at least one product such as insurance liability, asset valuation, derivatives modeling, liquidity management, machine learning or artificial intelligence
• 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 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.

Skills

Statistical modeling

Financial analysis

Programming (C++/Python)

Data interpretation

Education

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

Master’s degree (preferred)

Tools

MoSes/AXIS/ALFA

SAS/R/SPSS

Excel

Job description

Transamerica Corporation in the United States is seeking a senior modeling professional to design and validate sophisticated models for insurance liabilities, asset valuation, and derivatives. You will leverage actuarial, financial, and data science methods to enhance risk-adjusted returns.

The role requires substantial experience in quantitative modeling, investment concepts, and proficiency with MoSes/AXIS/ALFA or similar tools.