Jobs · Pennsylvania

Manager, Modeling (Hybrid)

Transamerica · Philadelphia, PA · 2 wk ago
$136k–$165k/yrFull-time

About the role

Build and analyze sophisticated models for insurance products using advanced knowledge of math and finance in support of ALM Portfolio goals.

Responsibilities

  • Lead modeling activities on new and existing products using advanced financial and mathematical knowledge, technological skills, and expert judgement.
  • Drive integration with existing toolsets and pipelines.
  • Collaborate with key stakeholders from ALM, Risk Management, Pricing, and Financial/Risk Reporting, and Valuation.
  • Serve as a company-wide expert in multiple specialties.
  • Lead multiple projects, with accountability for ongoing activities and objectives.
  • Review the work of others, provide direction and guidance.
  • Manage advanced research projects.
  • Innovate solutions.
  • Champion new technologies.

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
  • Eight years of modeling experience (or six with Master's degree) with expert knowledge in two or more products such as insurance liability, asset valuation, derivatives modeling, liquidity management, machine learning, or artificial intelligence
  • Five years of experience in advanced programming
  • Familiarity with asset liability management practices
  • Good understanding of investment and finance concepts to creatively solve analytical problems
  • Leadership skills to manage teams and projects

Preferred Qualifications

  • Advanced degree (MSc/PhD) in a quantitative field
  • Asset/derivatives modeling experience
  • Math/Finance background
  • Good programming skills (C++/Python)

Work Arrangement

Hybrid office environment: 3 days in office (Philadelphia/Baltimore/Cedar Rapids).

Pay

The salary for this position generally ranges between $136,000 – $165,000 annually. Actual starting pay is determined by qualifications, experience, geography, work location designation, and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law. This position is typically eligible for an annual bonus based on the Company Bonus Plan and individual performance.

Benefits

  • Competitive pay
  • Bonus for eligible employees
  • Pension plan
  • 401(k) match
  • Employee stock purchase plan
  • Tuition reimbursement
  • Disability insurance
  • Medical, dental, and vision insurance
  • Employee discounts
  • Career training and development opportunities
  • Paid time off starting at 160 hours annually for first-year employees
  • Ten paid holidays per year (typically mirroring NYSE holidays)
  • Be Well holistic wellness program, including wellness coaching and reward dollars
  • Fifteen days of paid parental leave per calendar year for eligible employees with at least one year of service
  • Adoption assistance
  • Employee assistance program
  • Backup care program
  • PTO for volunteer hours
  • Employee matching gifts program
  • Employee resource groups
  • Inclusion and diversity programs
  • Employee recognition program
  • Referral bonus programs

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