Industry: Accounting, Finance & Insurance•
8 - 10 years
Posted 59 days ago
Directs and provides leadership in the design, pricing, and implementation of insurance products. Oversees a small team within actuarial modeling, risk management, valuation or other actuarial department.
This role sits in the Product group which covers all product lines: Life, Health, Annuity, and Retirement Business. It also covers ancillary services, advice products, and others that may be developed.
This Product Engineer will lead and/or support:
The use of data about customers to guide decisions and strategies for placing products in the market
Influencing, and guiding key inputs to produce a sensible and salable whole product
Soliciting product feedback from stakeholders throughout the company
The use of data about processes to guide decisions about implementation and optimization
Completion of a minimally viable product (MVP) from a contractual and feature perspective
Optimization of and MVP financially and achieving internal approvals
Assisting the transit from approval to launch
Acting to maintain product alignment with Transamerica enterprise objectives and customer journey throughout the product launch process
Plays an active role in guiding the preparation and interpretation of actuarial and financial information.
Exercises significant judgment in setting priorities and determining necessary tasks.
Provides guidance and advice regarding technical actuarial issues such as pricing rates, modeling methodology, reserving principles and related matters.
Leads the preparation and interpretation of actuarial information for presentation to Senior Management.
Supports and assists Actuarial management to develop actuarial policies and procedures.
Leads several key projects at various times during the year.
Leads the development of actuarial talent within the organization.
Represents the company on industry and professional committees and/or with regulators.
FSA or equivalent professional designation along with Bachelor's Degree in Actuarial Science,
Mathematics, Statistics, Economics or related field and 7 years of relevant experience
In lieu of Bachelor's, will accept Master's in a listed discipline and 5 years of relevant experience.
In lieu of FSA will accept ASA or equivalent professional designation and 12 years of relevant experience.
Excellent computer skills.
Behavioral and Leadership Competencies
Demonstrates high quality leadership, judgment, organization and prioritization skills.
Effectively communicates, both verbally and in writing, advanced mathematical and analytical concepts to various audiences.
Works well under pressure and within time constraints to effectively accomplish individual and team objectives.
Normal office environment.
Limited travel may be required.
At Transamerica we promote a Future Fit mindset. What is a Future Fit mindset?
Acting as One fosters an environment of positive collaboration
Accountability allows us to own the problem as well as the solution
Agility inspires new ideas, innovation and challenges the status quo
Customer Centricity encourages an above and beyond approach to our customer
Why Work for Us