Jobs · Maryland

Staff Actuary - LTC Valuation

Transamerica · Baltimore, MD · 1 mo ago
$100k–$125k/yrFull-time
We need to output HTML fragment with sections: About the role? Actually we need to use headings for sections like About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. We must only include sections that have real specific content. We must not repeat job title. We must not include Job ID etc. Remove boilerplate. We need to parse the posting: It includes "Job Family Actuarial About Us ..." then description. The "Job Description Summary" then "Responsibilities" then "Qualifications" then "Working Conditions" then "Compensation" then "What We Offer" then "Inclusion & Diversity" then "Giving Back" etc. We need to extract substantive content for sections: About the role? Not explicitly present but maybe "Job Description Summary" could be considered About the role. We can treat that as About the role. Use

About the role

then

with the summary. Responsibilities: list of duties. Use

  • . Requirements: maybe Qualifications? The posting has "Qualifications" and "Preferred Qualifications". We can combine as Requirements? The instruction: Use headings for sections e.g. About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule. So we need to decide which headings to include based on content. We have Qualifications content (Bachelor's etc). We have Preferred Qualifications (Programming skills). We have Skills? Not explicit but maybe "Advanced computer skills" etc. Could treat as Skills. We have Benefits content under "What We Offer". We have Pay content under "Compensation". We have Schedule content under "Working Conditions" (hybrid position requiring three days Tuesday-Thursday in office per week). So we can include Schedule. We must not include sections with placeholder like "commensurate with experience". Not present. We must preserve all substantive info; do not invent or summarize away detail. So we need to include all details from those sections. We need to format as HTML fragment only. Let's extract: About the role: "Job Description Summary Initiates, organizes, and directs actuarial research, experience studies, statistical analyses, calculations and audits." That's the summary. Could also include maybe more from "Job Description"? But that's under Responsibilities. We'll keep summary as About the role. Responsibilities: list bullet points from "Responsibilities Job Description" paragraph. Let's extract each sentence as bullet. Responsibilities text: "Develops actuarial assumptions to use in pricing, reserving or actuarial modeling, including experience studies in support of assumptions. Coordinates, prepares, and performs actuarial analyses to develop pricing strategies, valuation approach or risk management strategies. Develops and maintains profit studies, non-forfeiture values and Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS) actuarial items, reserve programs, rate files, procedures and/or similar processes. Prepares actuarial portion of financial reports or other documents (e.g. state insurance department filings, rating agency survey forms, internal management reports, etc.). Communicates actuarial research results to business unit management. May develop, maintain and document computer-based programs, Sarbanes-Oxley procedures and model validation. Maintains documentation of actuarial research and analyses. Provides consultation and clarification on actuarial models and risk issues. Coordinates and directs special actuarial projects. May supervise one or more Actuarial Analysts, Actuarial Students or Actuarial Technicians." We'll put each as
  • . Requirements: maybe we treat "Qualifications" as Requirements? But we also have Qualifications heading. The instruction list includes both Requirements and Qualifications as possible headings. We need to decide which to use. Since we have both "Qualifications" and "Preferred Qualifications", we could use "Qualifications" for the mandatory qualifications, and "Preferred Qualifications" maybe as Skills? Or we could combine under Qualifications and Skills. Let's map: - Qualifications (mandatory): Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field and 5 years of relevant experience. In lieu of Bachelor's, will accept Master's in a listed discipline and 3 years of relevant experience. ASA or equivalent professional designation. Demonstrates high quality 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. Advanced computer skills. - Preferred Qualifications: Programming skills. - Skills: maybe "Advanced computer skills" already in qualifications; but we could also list "Programming skills" as Skills. But we have a heading "Skills" in the list. Could put programming skills there. Also "Advanced computer skills" could be considered skill but it's already in qualifications. Might duplicate. Better to keep qualifications as Requirements (or Qualifications). Since we have both Requirements and Qualifications headings, we need to pick one. The instruction says "Use

    for section headings (e.g. About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule)." It's examples, not mandatory to use all. We should include sections only when posting has real specific content. So we can include both Requirements and Qualifications if we have distinct content. But we have mandatory qualifications and preferred qualifications; we could treat mandatory as Requirements, preferred as Qualifications? Or vice versa. However typical job postings: Qualifications section includes both required and preferred. But we have separate "Qualifications" and "Preferred Qualifications". So we could map: - Requirements: the mandatory qualifications (Bachelor's etc). - Qualifications: the preferred qualifications (Programming skills). But that seems odd. Alternatively, we could treat "Qualifications" as the combined mandatory and preferred, and not use Requirements. But we have also "Skills" heading; we could put programming skills under Skills. Let's decide: Use headings: About the role, Responsibilities, Requirements (mandatory), Qualifications (preferred), Skills (maybe advanced computer skills?), Benefits, Pay, Schedule. But we risk duplication. Better to follow typical structure: Requirements = mandatory qualifications; Qualifications = preferred qualifications; Skills = maybe not needed if already covered. However we have "Advanced computer skills" under mandatory; could be considered a skill. But we can keep it in Requirements. Thus: - Requirements: list mandatory qualifications (Bachelor's/Master's, ASA, judgment, communication, works under pressure, advanced computer skills). - Qualifications: Preferred Qualifications: Programming skills. - Skills: maybe we could omit if no distinct content besides what's already covered. But we could include "Advanced computer skills" as skill but it's duplicate. Safer to omit Skills section if no distinct content beyond what's already captured. The instruction: Prefer a few substantive sections over many thin ones. So we can skip Skills if not needed. Thus sections: About the role, Responsibilities, Requirements, Qualifications (preferred), Benefits, Pay, Schedule. Now Benefits: from "What We Offer" we need to extract all benefits listed. The text includes: "What We Offer For eligible employees, 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 MatchEmployee Stock Purchase PlanTuition ReimbursementDisability InsuranceMedical InsuranceDental InsuranceVision InsuranceEmployee DiscountsCareer Training & Development Opportunities Health and Work/Life Balance Benefits Paid Time Off starting at 160 hours annually for employees in their first year of service.Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars Parental Leave – fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.Adoption AssistanceEmployee Assistance ProgramBack-Up Care ProgramPTO for Volunteer HoursEmployee Matching Gifts ProgramEmployee Resource GroupsInclusion and Diversity ProgramsEmployee Recognition ProgramReferral Bonus Programs" We need to preserve all substantive information. We'll format as a list. Pay: from "Compensation" section: "The salary for this position generally ranges between $100,000 - $125,000 annually. Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law. Additionally, this position is typically eligible for an Annual Bonus of 12.5% based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion." We'll put that as

    under Pay heading. Schedule: from "Working Conditions": "This is a hybrid position requiring three days (Tuesday-Thursday) in office per week in one of our hub locations (Cedar Rapids, Baltimore, Philadelphia, or Denver). Relocation assistance will not be provided for this position" We'll put that as

    under Schedule heading. Now we need to ensure we don't include boilerplate like "Disclaimer: Beware of fake job offers!" etc. Remove that. Also remove "What We Offer" heading? We'll use Benefits heading. We must not repeat job title. Not include Job ID etc. Now produce HTML fragment:

    About the role

    Initiates, organizes, and directs actuarial research, experience studies, statistical analyses, calculations and audits.

    Responsibilities

    • Develops actuarial assumptions to use in pricing, reserving or actuarial modeling, including experience studies in support of assumptions.
    • Coordinates, prepares, and performs actuarial analyses to develop pricing strategies, valuation approach or risk management strategies.
    • Develops and maintains profit studies, non-forfeiture values and Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS) actuarial items, reserve programs, rate files, procedures and/or similar processes.
    • Prepares actuarial portion of financial reports or other documents (e.g. state insurance department filings, rating agency survey forms, internal management reports, etc.).
    • Communicates actuarial research results to business unit management.
    • May develop, maintain and document computer-based programs, Sarbanes-Oxley procedures and model validation.
    • Maintains documentation of actuarial research and analyses.
    • Provides consultation and clarification on actuarial models and risk issues.
    • Coordinates and directs special actuarial projects.
    • May supervise one or more Actuarial Analysts, Actuarial Students or Actuarial Technicians.

    Requirements

    • Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field and 5 years of relevant experience.
    • In lieu of Bachelor's, will accept Master's in a listed discipline and 3 years of relevant experience.
    • ASA or equivalent professional designation.
    • Demonstrates high quality 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.
    • Advanced computer skills.

    Qualifications

    • Programming skills (preferred).

    Benefits

    • Competitive Pay
    • Bonus for Eligible Employees
    • Benefits Package
    • Pension Plan
    • 401k Match
    • Employee Stock Purchase Plan
    • Tuition Reimbursement
    • Disability Insurance

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