Actuarial Tech II

Job Family Actuarial Who We Are Transamerica has been helping people feel better about the future for more than 100 years. We provide investment, retirement, and life insurance solutions to more than 11 million customers throughout the U.S. But the way we see it, our responsibility goes beyond our clients’ accounts. We’re in the business of helping people live well and empowering them to create a better tomorrow through the financial and health-related habits they form today. We help people prepare by providing solutions that consider the whole picture. What We Do Transamerica is organized by lines of business (Life Insurance, Annuities, Mutual Funds, Retirement Plans, Employee Benefits, and Financial Assets), which are supported by Transamerica Corporate (Corporate Development; Finance; Internal Audit; Legislative, Regulatory & Policy; Office of the CEO; People, Places & Brand; Risk; and Technology). Job Description Summary Prepares and analyzes statistical reports of data to be used by the actuarial staff. Provides quantitative support in product development, financial analysis, management reporting, modeling and other actuarial research. Creates calculation specifications for new products and features. Job Description Responsibilities Significant and complex data manipulation and complex calculations using macros and other programs. Significant analysis required on most projects. May mentor or supervise Actuarial Technician I. Has authority to sign-off on projects of smaller scope and may have authority on a few larger projects. Works independently with minimal supervision. May build projection models from scratch and reviews results. May verify and reconcile financial reporting data, prepare periodic reports for other departments with minimal supervision. Understands and manipulates basic actuarial concepts and formulas. May analyze and verify pricing models. Extracts and integrates data from various databases to analyze and develop reports and spreadsheets. Test both administrative systems and illustration systems Collaborate with various areas of the company to ensure product is widely understood and implemented correctly Support requirement gathering, test planning, and test execution - specifically related to product calculations Utilize different systems to track requirements, defects, and test case management. eg: JIRA Qualifications Bachelor’s degree in actuarial science, mathematics or relevant area or equivalent education/experience. Minimum of 3 years relevant work experience. Understands relevant industry regulations. Strong PC skills including Excel. Strong mathematical skills and statistical aptitude. Effective verbal and written communication skills. Effective organizational skills. Preferred Qualifications Knowledge of topics covered in SOA courses. (Actuarial exams are not required). Strong written/oral communication skills Analytical and problem-solving skills Ability to work independently and as part of a team in a fast-paced environment Strong organizational skills to manage multiple priorities within deadlines An understanding of agile and waterfall project methodologies Working Conditions Normal office environment. What We Offer We offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees. Compensation Benefits Competitive Pay Bonus for Eligible Employees Benefits Package Pension Plan 401k Match Employee Stock Purchase Plan Tuition Reimbursement Disability Insurance Stock Purchase Plan Employee Discounts Career Training & Development Opportunities Health and Work/Life Balance Benefits Paid Time Off Paid Holidays Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars Parental Leave Adoption Assistance Employee Assistance Program College Coach Program Back-Up Care Program PTO for Volunteer Hours Employee Matching Gifts Program Employee Resource Groups Inclusion and Diversity Programs Employee Recognition Program Referral Bonus Programs Peer Recognition Program (BRAVO) Inclusion & Diversity Transamerica has made a strong commitment to inclusion and diversity, and we are proud to be an organization where all perspectives are valued. Transamerica has earned recognition for its strong efforts year-over-year, including from the Human Rights Campaign’s Foundation Corporate Equality Index, the Diversity Best Practices Inclusion Index, and Seramount’s “100 Best Companies” list. In addition, as part of Transamerica’s commitment to maintaining an inclusive workplace, the company sponsors employee-driven Employee Resource Groups (ERGs), which are formed around a shared interest or a common characteristic of diversity. ERGs are open to all employees and provide a supportive environment for raising diversity awareness and promoting inclusive behavior. Giving Back Transamerica believes our responsibilities extend beyond our corporate walls. That's why we created the Aegon Transamerica Foundation in 1994. Through a combination of financial grants and the volunteer commitment of our employees, this foundation supports nonprofit organizations focused on the education, health, and well-being of the communities where we live and work. https://www.transamerica.com/why-transamerica/aegon-transamerica-foundation Transamerica’s Parent Company Aegon acquired the Transamerica business in 1999. Aegon’s roots go back more than 175 years to the first half of the nineteenth century. Since then, Aegon has grown into an international company, with businesses in the Americas, Europe, and Asia. Today, Aegon is one of the world’s leading financial services organizations, providing life insurance, pensions, and asset management. As a leading global investor and employer, the company seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion and diversity. Websites Transamerica | Protecting Your Wealth and Health since 1906 Aegon Group Corporate Website | Aegon Management Team Transamerica Leadership - Standing For Financial Innovation Since 1906 | Transamerica