Transamerica Director, Actuary, LTC in Plano, Texas
Job FamilyGeneral Actuarial
Job Description SummaryTransamerica is looking for a creative LTC leader to head up both pricing and rate teams. This innovative actuary will be part of the larger overall strategy for future LTC growth, and will have a high degree of visibility within the organization.Job Description
Pricing, product development, experience analysis, filing and rerating of the Long Term Care (LTC) product line.
Creation of new business metrics such as Market Consistent Value of New Business, Payback Period calculation, Investment in New Business calculation, etc.
Interpret, prepare and present key actuarial information to advise Senior Management to make properly informed decisions.
Management role guiding the work of other actuaries or doing the most complex technical actuarial tasks requiring significant knowledge and experience.
Interpret and explain actuarial and financial information.
Provide guidance and advice regarding technical actuarial issues such as pricing rates, modeling methodology, reserving principles and related matters.
Drive key projects to completion by providing leadership and direction to individuals both inside and outside the organization. Generally, leads several key recurring projects throughout the year.
Lead the development of actuarial talent within the organization.
Represent the company on industry and professional committees and/or with regulators.
Manage a team of employees
Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field, and 10+ years of related actuarial experience.
In lieu of Bachelor's, will accept Master’s in a listed discipline and 8 years experience.
FSA and American Academy of Actuaries membership.
Demonstrates high quality leadership, judgment, organization and prioritization skills.
Exhibits effective management skills to motivate and develop a staff.
Effectively communicates, both verbally and in writing, advanced mathematical and analytical concepts to various audiences.
Understand company priorities and adapt to changing needs
Solid understanding of capital markets and risk/return profiles of various assets.
Knowledge of LTC product development, pricing, experience analysis, filing and re-rating.
Knowledge of other Health products such as Medicare Supplement, Part D, Cancer and Dental would be a plus.
Demonstrated skills in managing, coaching and mentoring.
Knowledge of Axis actuarial modeling software would be a plus.
Knowledge SQL programming would be a plus.
- Office environment. Occasional travel may be required.
Why Work for Us
Total Rewards at Transamerica: It’s more than a paycheck.
Our comprehensive Total Rewards package is designed to help support you in many ways — throughout all stages of your life and career. We provide a competitive, market-driven program that encompasses base compensation, bonus potential, retirement, health and wellness benefits, learning and development opportunities, plus great employee perks. All designed with you in mind… to help you live your best life, grow personally and professionally - and feel valued for the work you do.
Learn more about our Total Rewards Package.
Equal Opportunity Employer:
Transamerica Life Insurance Company is an Equal Employment Opportunity employer and does not discriminate against any applicant or employee because of age, religion, sex, gender identity, genetic information, race, color, national origin, pregnancy, sexual orientation, marital status, participation in the uniformed services (e.g. U.S. Armed Forces, National Guard), physical or mental disability, or any other status protected by federal, state, or local equal employment opportunities laws.
AEGON USA Realty Advisors, LLC, is an Equal Employment Opportunity/ Affirmative Action Employer and does not discriminate against any applicant or employee because of age, religion, sex, gender identity, genetic information, race, color, national origin, pregnancy, sexual orientation, marital status, participation in the uniformed services (e.g. U.S. Armed Forces, National Guard), physical or mental disability, or any other status protected by federal, state, or local equal employment opportunities laws.
Applicants with physical or mental disabilities may be entitled to a form of reasonable accommodation under the Americans with Disabilities Act and certain state and local laws. A reasonable accommodation is a change in the way things are normally done which will insure equal employment opportunity without imposing undue hardship on the Transamerica Companies. Please contact: email@example.com if you are a job seeker with a disability, or are assisting someone with a disability, and require assistance to apply for one of our jobs.
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At Transamerica, hard work, innovative thinking and personal accountability are qualities that we honor and reward. We understand the potential that is unleashed by leveraging the talents of a diverse workforce. We embrace an environment where employees enjoy a balance between their careers, families, communities and personal interests. Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment focused on helping customers secure their long-term financial futures.
Transamerica is a part of AEGON, an international life insurance, pension, and asset management company. The AEGON companies employ approximately 28,000 people and have a strong presence in more than 20 countries across the globe. For more information, visit www.transamerica.com.