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| Vendors Key |
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There are currently 13 positions listed with Transamerica Reinsurance.
6640 | Actuarial: 2nd Vice President, International Chief Actuary | P | <P align=justify><STRONG><U>Position Summary</U>:</STRONG> <BR>TARe International is a rapidly growing business operating in numerous countries around the world and providing a variety of reinsurance products. This key position is responsible for providing credible, reliable valuation results and business analysis to the financial reporting process. <P align=justify>The ideal candidate will have proven financial leadership and management experience in the insurance business, preferably reinsurance. He/She will have demonstrated an ability to work as a team member in an intellectually vibrant and commercially sophisticated environment. He/She will have demonstrated success beyond functional management and have a history of successes in building value for the future and managing a state of the art actuarial valuation function. <P align=justify>This person will possess a combination of excellent technical (actuarial) skills, detailed knowledge of insurance and reinsurance products and financial statements, an ability to clearly communicate complex pricing and valuation issues, and excellent influence and negotiation skills. He/She will be an advisor, coach and mentor to divisional actuarial staff. He/She will have the personality traits that allow him/her to interact easily within the corporate structure, playing a lead role in reporting and communication of the International Reinsurance financial information to TARe senior management and the parent company. He/She will function as a key member of the senior management team and will work to ensure that appropriate pricing and financial risk management strategies, plans and programs are in place to effectively support the overall strategic direction of Transamerica Reinsurance. This person will also function as an advisor to the International Executive Vice President, TARe CFO and TARe CEO, and will have input into the broader operations of the organization. <P align=justify><STRONG><U>Major Responsibilities</U>:</STRONG> <BR>* Plan, develop, organize, implement, direct and evaluate a corporate actuarial staff responsible for setting pricing and valuation policies and for ensuring that required valuations of International Reinsurance business are performed in a timely, accurate and transparent manner. These required valuations include Embedded Value, Economic Capital, IFRS, US GAAP and statutory valuations, as well as the annual budget process, for entities that underwrite International Reinsurance business. <BR>* Provide leadership, motivation and support to corporate actuarial staff, enabling achievement of key individual and team results. <BR>* Provide technical oversight, leadership and financial support to the Regional CFO¿s. Represent Transamerica Reinsurance interests with respect to emerging actuarial valuation issues, and participate (with AEGON USA) in industry and professional association efforts to shape new standards. <BR>* Ensure (potential) changes in IFRS, US GAAP, Statutory, and tax valuation requirements are communicated to key business unit and financial staff, and that appropriate policies are in place to ensure requirements are met. Consult with business unit leaders and CFOs regarding the impacts of these valuation changes on reinsurance products and services and related strategies for responding to these changes. <BR>* As a member of the International Pricing Review Committee play the lead role in integrating the actuarial valuation function and results into pricing processes. This includes monitoring the effectiveness of pricing and financial risk management policies and procedures throughout the reinsurance business, leading continuous improvement efforts and recommending changes to pricing policies and standards. <BR>* Assure the continual improvement of valuation processes through effective business process management, and by a combination of continuing education and professional growth opportunities for associates in these units. <BR>* Establish and maintain an effective control environment, both financial and operational. Strong collaboration and engagement with the business unit CFOs and valuation teams will be essential to assure appropriate controls are in place. <BR>* Perform other duties as required for the position <P align=justify><STRONG><U>Minimum Requirements/Skills</U>:</STRONG> <BR>* Bachelors degree in Mathematics / Finance <BR>* FSA, FCIA or equivalent <BR>* 10 or more years in an insurance company financial actuarial role, preferably reinsurance <P align=justify><STRONG><U>Competencies/Desired Behavioral Characteristics</U>:</STRONG> <BR>* Be able to gain, through past successes in quality organizations, immediate credibility as a capable business leader. <BR>* Experienced leader and financial executive who is energetic, forward thinking and creative with the highest ethical standards and an appropriate professional image. <BR>* Be willing to take charge, effectively and persuasively communicate to both technical and business audiences. <BR>* Ability to read, analyze and interpret the most complex financial documents, respond effectively to the most sensitive inquiries or complaints, and the ability to make effective and persuasive speeches and presentations. <BR>* Work effectively across organizational, country and language boundaries and develop strong working relationships with associates in both regions and Charlotte. <BR>* Strategic visionary with sound technical financial skills, analytical ability, good judgment and strong operational focus. <BR>* Well-organized and self-directed individual who is able to lead by example as an inclusive team player. <BR>* Good educator who is trustworthy and willing to share information and serve as a mentor. <BR>* Decisive individual who possesses a big picture perspective and is well versed in systems. <BR>* Enjoys working in an environment of change and challenge. <BR>* Demonstrates high business acumen. | | 3553 | Actuarial: 2nd Vice President, Marketing Actuary | P | <p align=justify></em><strong><em>Position Overview:<br /> </em></strong>The marketing actuary plays a vital and high profile role at Transamerica Reinsurance as we execute growth strategies in a dynamic and challenging risk management environment. These people are at the forefront of our tactical drive to capitalize on the alignment of client needs and our competencies.<br /> <br /> Strategy:<br /> </em></strong>Transamerica Reinsurance helps life insurance companies in the U.S. and in Asian and Latin America markets solve problems and grow their business. As a leader in assessing and managing mortality risk and funding redundant reserves, we provide solutions that can outperform other risk and capital management options available to primary insurers. Through value-added services that attached to our core life reinsurance offering, we are helping customers change their business model to become more effective and profitable in their markets.<br /> <br /> <strong><em>Scope of Responsibilities:<br /> </em></strong>Increase TARe's penetration of our target markets via successfully closing deals which: <ul> <li>Increase our share of existing clients</li> <li>Add new accounts to our client base</li> <li>In the initial phases of the deal process, work closely with the AE and the client to gain mutual understanding of their and TARe's parameters for a mutually beneficial arrangement</li> <li>Identify client- or competition-based "red flags", develop a plan and recruit resources to overcome</li> <li>Build, maintain and improve professional relationships with the key decision makers within targeted accounts through both live deal negotiations and accompanying the AE on select planned client visits and phone meetings.</li> <li>Participate as needed in the marketing of traditional Life, PC&D and VELOGICA<sup>SM</sup> solutions TARe's products and services in accordance with the organization's growth goals</li> <li>Help to improve the efficiency of TARe's NBA activities by learning each client's reinsurance decision making process </li> <li>Help to better position TARe within the marketplace by soliciting input from clients as regards emerging industry trends and competitive intelligence.</li> <li>Help to achieve organizational branding goals by writing for TARe¿s client newsletters and industry publications, attending and participating at targeted industry conferences and by serving on relevant industry committees.</li> <li>Together with the AE, identify the top 12 threshold clients and 6 targeted clients to focus the Company's New Business Acquisition activities</li> <li>Work with NBA management, in conjunction with the AE to develop client-specific strategies for the following calendar year. Update as necessary.</li> <li>Lead the regional deal team and TARe management in facilitating effective, profitable solution design and execution from RFP to LOI.</li> <li>Assist the regional deal team as needed to ensure solutions are finalized and implemented in accordance with TARe policies and practices.</li> <li>Work with the Pricing Actuary to accurately develop a commercial best-estimate assumption set -- communicate deal circumstances, planned terms and conditions, key client changes, etc. This may include challenging existing pricing standards in favor of a custom approach that more accurately reflects the underlying risks.</li> <li>Support the Pricing Team in ensuring the rational application of pricing policies, procedures and techniques to the valuation of new business opportunities.</li> <li>Manage Business Review for all potential deals and lead-present all deals with emphasis on fundamentally understanding and communicating the rationale for the deal and the chosen profit target, the risk associated with the deal, specific mitigants employed, our competitive position, outstanding issues and steps/effort needed to close.</li> <li>Support Pricing Committee presentations by providing context and background for the deal, by communicating key risks identified and mitigants employed, with the Pricing Actuary, communicating the impact of deal-specific circumstances, terms and conditions on pricing assumptions chosen.</li> <li>Provide NBA Management with information required to drive its evolving reporting process (Meeting minutes, Deal status updates, Conference Notes, Quote Resolution, Client Visit Expense Management, etc.)</li> <li>Work with the AE and deal team to manage ongoing or historical technical or business issues with TARe customers. This can include resolving amendment requests, finalizing outstanding treaties or negotiating exceptions to previously agreed requirements.</li> <li>Other duties as required for the position</li> </ul> <strong><em>Minimum Requirements:</em></strong> <ul> <li>Bachelor of Arts or Science </li> <li>FSA designation </li> <li>Life insurance / reinsurance experience in actuarial and business positions of increasing responsibility (8 Years)</li> <li>A thorough technical grounding in insurance pricing</li> <li>Business decision making, leadership and management of direct or indirect teams (3 years)</li> <li>Negotiation experience in B2B environments - 2 years or more</li> <li>Demonstrated ability to build and maintain relationships</li> <li>Computer literate and comfortable with evolving communication technologies</li> </ul> <strong><em> </em></strong><strong><em>Desired Characteristics:</em></strong> <ul> <li>Experience with capital markets products</li> <li>Effective interpersonal skills and professional presentation</li> <li>Exhibits a sense of urgency and a results orientation to both external and internal clients with a focus on New Business Acquisition</li> <li>Takes accountability to aggressively navigate toward Win-Win solutions for TARe and external clients</li> <li>Effective multi-tasker with demonstrated comfort and ability to effectively prioritize and manage several high-stakes transactions.</li> <li>Effective communicator in terms of written and oral communications, including formal and informal presentations.</li> <li>Effective listening skills</li> <li>Ability to be a team player in an effort to achieve organizational growth, profitability and operational goals.</li> <li>Ability to act as Team Leader with respect to Regional responsibilities</li> <li>Demonstrated ability to train, coach and otherwise develop other colleagues in the art and science of reinsurance relationship management.</li> <li>Takes accountability for role and results and holds others accountable</li> <li>Demonstrates ability and eagerness to learn - and to help other associates learn</li> <li>Exhibits can-do, pro-business behaviors - optimistic outlook</li> </ul></p> | | 6086 | Actuarial: Pricing Actuary | P | <P align=justify><STRONG><U>Major Responsibilities</U>:<BR></STRONG>* Key transactional pricing accountabilities include: <BR>...client experience and mortality assessment<BR>...pricing assumption setting<BR>...optimal product and deal structure<BR>...identification and quantification of risks in the proposed transaction and identification of mitigating structures or strategies<BR>...model projections<BR>...strong partnership with deal team, marketing actuary, account executive, and client <BR>* Own at least one area of retail product pricing expertise to assist with knowledge management and client support<BR>* Participate in or lead project assignments such as assumption revisions, new legal entity and deal structures, and product development.<BR>* Support basic research around automated underwriting utilizing electronic data.<BR>* Peer review of pricing analyst, technician, and assistant pricing actuary workflows which includes:<BR>...model and assumptions used for new business quotes. <BR>...all supporting materials and studies used in Pricing Committee review packages<BR>...project and analytical studies to support pricing assumptions<BR>* Assist other departments on various corporate projection work (e.g., budget projections, VNB, etc.)<BR>* Communicate effectively with pricing, marketing, product and senior management staff on deal status, expectations, strategy, and pricing assumptions.<BR>* Prepare and maintain workflow and pricing assumption documentation to satisfy all customers of the pricing process (Sales, Actuarial, Financial, Operations)<BR>* Work with Life Pricing Team, Product Area and Sales Team to continually improve pricing processes with respect to both quality and efficiency<BR>* Other duties as required for the position</P> <P align=justify><STRONG><U>Minimum Requirements</U>:<BR></STRONG>* Associate of the Society of Actuaries<BR>* At least 5 years of life actuarial experience, including two years or more in a pricing and product development role; reinsurance industry experience preferred<BR>* Solid analytical skills with strong problem solving ability.<BR>* Bachelor¿s Degree in Actuarial Science, Mathematics, Statistics, Finance or Accounting or equivalent combination of education and experience.<BR>* Excellent verbal and written communication skills. <BR>* Highly motivated self-starter<BR>* Project and staff management experience desirable<BR>* Must be able to work effectively independently and as part of a team.<BR>* Proficiency in one or more life actuarial pricing systems (e.g., AXIS, TAS, Prophet)<BR>* Ability to work extended hours as necessary to meet transaction and project deadlines</P> | | 3560 | Actuarial: Proactive Actuary | N | Minimum Requirements:
* Life Insurance or Reinsurance Experience
* Pricing, Modeling, or GAAP & Statutory Reporting Experience
* Associate of the Society of Actuaries (ASA)
* Fellow of the Society of Actuaries (FSA)
RECRUITER: Kimberly Martin | | 6656 | Actuarial: Quantitative Analyst | P | <P align=justify><STRONG><U>Position Summary</U>:</STRONG> <BR>Conduct quantitative analyses and build predictive models and quantitative tools from question formulation to presentation of outcomes. The candidate will be responsible for analyzing relevant business strategies and developing models, using appropriate PC applications and ensure that appropriate consistency across various models developed is maintained. This position will play a key part in identifying issues, determining areas in need of analysis, developing analytical solutions, and turning business ideas into quantitative formulations. The Innovations Product team will look to this position to significantly improve the analytical capabilities of the area. The individual in this position must proactively assist in the identification of risks in new product concepts, develop pricing models, assess reserving and capital requirements, and facilitate decision making. <P align=justify><STRONG><U>Major Responsibilities</U>:</STRONG> <BR>*Participate and contribute to the thought process involved in aligning the quantitative analysis skills to new product concepts. <BR>* Develop pricing models for new product concepts. <BR>* Develop models that will identify and analyze inherent risks, reserve and capital requirements for new product concepts. <BR>* Work closely with other associates within TARe, Aegon, and external sources to determine appropriate underlying assumptions. <BR>* Perform basic model validation review of pricing, valuation, and capital models. <BR>* Communicate and present results of analysis to management. <P align=justify><STRONG><U>Minimum Requirements/Skills</U>:</STRONG> <BR>* ASA / New FSA <BR>* Bachelor¿s Degree in Actuarial Science, Mathematics, Statistics, Finance or Accounting or equivalent combination of education and experience. <BR>* At least 5 years of insurance actuarial experience, including 2 years or more in a pricing and product development role; reinsurance industry experience preferred <BR>* Experience in financial modeling (e.g., partial differential equations, option pricing theory, Monte Carlo simulation, Value-at-Risk, econometric analysis, etc.) preferred. <BR>* Excellent PC skills word processing, spreadsheet software required. <BR>* Proficiency in one or more actuarial modeling systems (e.g., MoSes, MG-Alfa, Prophet, TAS, etc.) is required. <BR>* Significant programming experience with C++, VBA, Matlab, or etc. is required. <BR>* Excellent project management, analytical and research skills with the ability to support projects from inception through completion. <BR>* Solid analytical skills with strong problem solving ability. <BR>* Excellent verbal and written communication skills. <BR>* Highly motivated self-starter <BR>* Must be able to work effectively independently and as part of a team. | | 6657 | Actuarial: Senior Financial Actuary | P | <P align=justify><STRONG><U>Position Summary</U>:</STRONG> <BR>TARe International is a rapidly growing business operating in numerous countries around the world and providing a variety of reinsurance products. This key position is responsible for providing credible, reliable actuarial modeling valuation results and analysis to the financial reporting process. <P align=justify>The ideal candidate will have proven financial leadership and management experience in the insurance business, preferably reinsurance. He/She will have demonstrated an ability to work as a team member in an intellectually vibrant and commercially sophisticated environment. He/She will have demonstrated success in building value for the future and managing a state of the art actuarial modeling function. <P align=justify>This person will possess a combination of excellent technical (actuarial) skills, detailed knowledge of insurance and reinsurance products and financial statements, and an ability to clearly communicate complex modeling. He/She will have the personality traits that allow him/her to interact easily within the corporate structure and effectively interact with regional CFO¿s and other members of the International CFO and Business departments. This person will also function as an advisor to the International Chief Actuary and the International CFO, and will have input into the broader operations of the organization. <P align=justify><STRONG><U>Major Responsibilities</U>:</STRONG> <BR>* Plan, develop, organize, and implement the International Actuarial Modeling function, and ensure that required valuations of International Reinsurance business are performed in a timely, accurate and transparent manner. These required valuations include Embedded Value, Value of New Business, Economic Capital and the annual budget process for entities that underwrite International Reinsurance business. <BR>* Effectively communicate all modeling valuation results and financial impacts to senior management both business and CFO, and to the Regions. <BR>* Represent International Reinsurance interests with respect to emerging actuarial modeling issues. <BR>* Ensure (potential) changes in actuarial modeling valuation requirements are communicated to key business unit and financial staff, and that appropriate policies are in place to ensure requirements are met. Consult with business unit leaders and CFOs regarding the impacts of these valuation changes on reinsurance products and services and related strategies for responding to these changes. <BR>* Monitor and maintain a complete set of all actuarial assumptions and methodologies used in pricing and valuation processes. Effectively document and communicate to management. <BR>* Establish and maintain an effective control environment for actuarial modeling. Strong collaboration and engagement with the Regional CFO¿s, pricing actuaries and experience analysis unit will be essential to assure appropriate controls are in place. <BR>* Assure the continual improvement of valuation processes through effective business process management, and by a combination of continuing education and professional growth. <BR>* Perform other duties as required for the position. <P align=justify><STRONG><U>Minimum Requirements/Skills</U>:</STRONG> <BR>* Bachelors degree in Mathematics / Finance <BR>* FSA, FCIA or equivalent <BR>* 10 or more years in an actuarial or financial role. <BR>* Minimum of 5 years of actuarial modeling experience. <P align=justify><STRONG><U>Competencies/Desired Behavioral Characteristics</U>:</STRONG> <BR>* Be able to gain, through past successes in quality organizations, immediate credibility as a capable actuarial professional. <BR>* Be willing to take charge, effectively and persuasively communicate to both technical and business audiences. <BR>* Ability to analyze and interpret the most complex actuarial modeling processes and results, and to effectively interpret the financial and business impacts of those results. <BR>* Work effectively across organizational, country and language boundaries and develop strong working relationships with associates in both regions and Charlotte. <BR>* Seasoned professional with sound technical actuarial skills, understanding of valuation processes, analytical ability, good judgment and strong operational focus. <BR>* Well-organized and self-directed individual who is able to lead by example as a team player. <BR>* Decisive individual who possesses a big picture perspective and is well versed in systems. <BR>* Enjoys working in an environment of change and challenge. <BR>* Ability to apply practicality and common sense to an extremely complex financial function. | | 6680 | Actuarial: Senior Vice President and Actuary | N | <P align=justify><STRONG><U>Position Summary</U>:</STRONG> <BR> Plan, develop, organize, direct and evaluate the actuarial, financial planning, and pricing strategy functions to support the product development activities for the US Operations of Transamerica Reinsurance to meet business objectives. Strong collaboration and engagement with key business units will be essential to ensure execution of business initiatives. Duties include: Provide leadership, motivation and support to actuarial teams, providing achievement of key individual and team results on a timely basis. Financial projection work includes economic value analysis, budgeting, and related financial forecasting. Establish and maintain an effective control environment, both financial and operational. Demonstrate track record of successfully leading multi-disciplinary teams. Demonstrate compliance with risk management policies. Assure the continual improvement of the pricing standards and risk management through effective business process management and by a combination of continuing education and professional growth opportunities for associates in these units. Demonstrate ability to explain financial results. Participate in pricing committee meetings for the US life reinsurance, and provide experience analysis to help assess the effectiveness of this process. Establish and communicate initiatives to key business units. Develop business plans to drive and lead business initiatives for managed business units. <P align=justify><STRONG><U>Minimum Requirements/Skills</U>:</STRONG> <BR>* Bachelors degree in Actuarial Science or its foreign equivalent <BR>* Fellow of the Society of Actuaries and / or Fellow of the Canadian Institute of Actuaries <BR>* 10 years of progressive experience in product management and corporate financial management in the life insurance and life reinsurance industry <BR>* Experience to include the valuation of life reinsurance liabilities under NAIC and Canadian or GAAP reporting regimes <BR>* Offshore experience with reporting under GAAP | | 6349 | Actuarial: Vice President, Chief Pricing Officer | P | <P align=justify><STRONG><U>Position Overview</U>:</STRONG> <BR>The Vice President, Chief Pricing Officer is a unique and dynamic role within Transamerica Reinsurance, as it manages the research and development of effective pricing strategies to support Velogica (automated simplified underwriting engine), Product Development, and Product Consulting and Development. The individual in this role also partners with the Capital and Liquidity Management team to ensure the development of optimal collateral financing solutions. In order to effectively manage these processes, this individual should possess extensive life or life reinsurance product development experience. Another key component of the position is successful relationship building both internally and externally in order to ensure proper execution and to support the enhancement of the company¿s market perception as an expert in life risk. Additionally, this individual should have the ability to foster an environment that is supportive to execution utilizing a comprehensive team approach. This role also requires the ability to thrive in an ambiguous and constantly evolving environment. <P align=justify><STRONG><U>Major Responsibilities</U>:</STRONG> <BR>Manage the execution of key assignments of the Pricing Team, which include the following: <BR>* Support of product line strategies to maximize value added through superior assessment of risk <BR>* Ownership, development, and maintenance of pricing philosophy and strategies across Traditional Life Business <BR>* Ensuring transaction pricing and structuring properly assesses risk and delivers a best estimate pricing <BR>* Ownership of pricing control process for the Traditional Reinsurance business line. <BR>* Ownership and management of pricing and business approval process across the Traditional Life business line. <BR>* Ensuring new business transaction pricing and modeling is consistent and seamlessly transferred to our financial processes. <BR>* Demonstration of critical appraisal skills at the level of Senior Pricing actuary in all significant areas of product pricing for Life Solutions and PC&D. Includes mortality, persistency, GAAP (intl) and Statutory pricing, RBC, risk mitigation strategies, etc…. <BR>* Ownership of SOX business process and ensuring appropriateness for the Traditional Life business and that compliance is maintained. Manage the execution of key assignments of the Pricing Research Team, which include the following: <BR>* Directing of research to ensure minimal risk of divergence (over or under) from best estimate pricing for Life Solutions, PC&D, and Velogica <BR>* Supporting product line plans for entry to new markets/new products <BR>* Understanding competitor and customer research strategies and ensure TARe research goals informed by the market environment <BR>* Designing and implementing a research control cycle to better track whether pricing assumptions are at best estimate levels <BR>* Influencing research plans relevant to the product line across TARe (including Risk Management, Medical Director team, Valuation and TIRI) <BR>* Understanding and incorporating potential impact of external drivers to research planning (including AEGON corporate, external auditors, regulatory developments) <BR>* Ensuring buy-in to plans from key stakeholders (including product line management, pricing committee, AEGON corporate) Provide expert support to new product development activities and to the value added and traditional transaction process. To ensure optimal solution are developed and our pricing and risk standards are upheld. Product development examples include – participating in the development and implementation of new collateral financing programs and/or helping in the development of private label partnerships. Work with Capital and Liquidity Management team to ensure that we develop optimal collateral financing solutions and that transaction pricing is consistent / appropriate with all stakeholders (TARe, Corporate, Rating Agencies, and Capital Markets). <P align=justify><STRONG><U>Minimum Requirements/Skills</U>:</STRONG> <BR>* Professional Credentials and Experience: FSA, 10+ years of industry or related experience. Extensive reinsurance or life insurance product development experience required <BR>* Demonstrated track record of successfully leading multi-disciplinary teams <BR>* Demonstrated ability and enthusiasm to master new skills and concepts quickly <BR>* Demonstrated effectiveness in working with senior management <BR>* Demonstrated critical thinking ability <BR>* Experienced in forming effective networks within a large organization <BR>* Strong analytical skills with demonstrated problem solving ability. Ability to quickly move from granular deals to broader business strategies. <BR>* Bachelor’s Degree in Actuarial, Finance or Accounting or equivalent combination of education & experience. <BR>* Project and staff management experience essential <BR>* Excellent verbal & written communication skills. <BR>* Highly motivated/self-starter <BR>* Must be able to work effectively independently & as part of a team. <BR>* Proficiency in windows-based software (Excel, Access, etc.) <BR>* Regular attendance and ability to work extended hours as necessary to meet project deadlines. <BR>* Ability to travel regularly (overseas occasionally as needed) | | 6469 | Contracts Analyst, Domestic | N | <P align=justify><STRONG><U>Position Summary</U>:</STRONG> <BR>Responsible for providing appropriate contracts and related legal documents in compliance with internal business practices and applicable laws and regulations in order to clearly describe reinsurance arrangements and to best mitigate legal and other TARe risk. <P align=justify><STRONG><U>Major Responsibilities</U>:</STRONG> <BR>* Analyze, evaluate, and research information received from internal and external clients for contracts, amendments and related documents that provide accepted, retroceded and affiliate individual life and annuity reinsurance. <BR>* Generate contracts for reinsurance arrangements in an accurate and timely manner in accordance with established metrics. Incorporate data in accordance with the requirements of Transamerica and in compliance with US state and federal laws and regulations, as applicable. <BR>* Coordinate interaction between sales executives, pricing actuaries, business systems and external clients for the efficient and accurate delivery of contracts. <BR>* Secure agreement and execution of final terms by reinsurance business partners (ceding companies and retrocessionaires) in compliance with regulatory mandates for timely execution. <BR>* Understand, interpret and apply applicable international and US state and federal laws and regulations related to the preparation of reinsurance agreements. <BR>* Consult with management and Law Department regarding the interpretation or clarification of contracts that may impact the company's liability. <BR>* Evaluate and streamline current contract completion workflows and procedures, where applicable, in conjunction with management. <BR>* Accurately respond to inquiries from internal and external clients in a professional and timely manner. <BR>* Educate other Contract Analysts, company personnel and external clients on internal and industry business practices and norms applicable to reinsurance agreements. <BR>* Represent the Law and Contracts Department during TARe intra-departmental meetings. <BR>* Complete special projects, as directed by management. <BR>* Other duties as required for the position <P align=justify><STRONG><U>Minimum Requirements/Skills</U>:</STRONG> <BR>* Strong analytical, organization/time management and problem solving skills. <BR>* Exceptional interpersonal skills, including verbal and written communication, negotiation and client relations expertise; demonstrated ability to work effectively at all levels of the company; strong customer service focus. <BR>* Ability to successfully balance numerous priorities and deadlines while maintaining professional demeanor at all times. <BR>* Demonstrated ability to persuade and influence others. <BR>* Demonstrated follow-through skills; highly detail-oriented. <BR>* Bachelor's degree or equivalent combination of education and experience. <BR>* Strong PC skills and MS Office capabilities (Word and Excel). <BR>* Ability to work independently and as part of a team. <BR>* Ability to work extended hours as necessary. <BR>* Regular attendance is a minimum requirement of this position. <P align=justify><STRONG><U>Competencies/Desired Behavioral Characteristics</U>:</STRONG> <BR>* Two or more years of related insurance or reinsurance experience. <BR>* Contracts related experience.</P> | | 6628 | Financial Analyst | N | <P align=justify><STRONG><U>Major Responsibilities</U>:</STRONG> <BR>* Create financial analysis / reports to validate division's actual earnings. Perform variance analysis and identify main drivers to prior periods and expected. <BR>* Develop new and meaningful financial analysis platform to support senior management review and / or department's goal. <BR>* Track and validate the emergence of earnings in division's legal entity structures. Draw conclusions on how inforce business development, along with volatile economic events, impact after-tax earnings. <BR>* Participate in the financial planning / reforecast process and analyze financial planning / reforecast results. <BR>* Serve as a liaison with the Corporate parent to ensure the accuracy and timeliness of plan/budget deliverables. <BR>* Initiate and / or validate various assumptions related to financial planning with actual emerging trend and actuarial models. <BR>* Lead discussions/projects to successful conclusion with the utilization of resources from the division¿s other functional areas (i.e. accounting, systems, actuarial). <BR>* Participates in and/or manage financial reporting projects. Evaluate existing processes and modify processes to achieve maximum automation, efficiency and accuracy. <BR>* Identify issues arising from monthly and quarterly accounting close. Research root causes and recommend solutions if needed. <BR>* Perform statutory and / or regulatory earnings analysis. <BR>* Work well with various areas such as Corporate Actuary, Product Accounting, Statutory Reporting, and Financial Systems team. <BR>* Flexibility to manage multiple tasks and ever-changing priorities. <BR>* Deliver formal instruction as needed <BR>* Provide advice and support to project managers with respect to planning and management of cross-functional business projects and initiatives <P align=justify><STRONG><U>Minimum Requirements/Skills</U>:</STRONG> <BR>* Strong accounting, analysis & financial systems skills. <BR>* Minimum three to five years business experience. <BR>* 4-yr degree in Accounting and/or Finance <BR>* Demonstrated ability to identify, quantify & analyze problems, relate them to the big picture, draw conclusions, recommend & implement viable, measurable solutions <BR>* Demonstrated ability to handle priorities / projects concurrently <BR>* Ability to construct and analyze financial statements <BR>* Proficient PC skills in a Windows environment, including Excel, Access & Word <BR>* Excellent verbal & written communication skills; proven success communicating effectively at all levels of an organization <BR>* Experience developing internal quality control schedules, reports, communicating & working with users, development & management teams <BR>* Availability to work additional hours to meet challenging deadlines <BR>* Regular attendance is a minimum requirement of this role <P align=justify><STRONG><U>Competencies/Desired Behavioral Characteristics</U>:</STRONG> <BR>* Insurance or Reinsurance experience would be beneficial <BR>* Experience with Essbase, Hyperion, or related software applications | | 6794 | Junior Controls Analyst | N | <P align=justify><STRONG><U>Major Responsibilities</U>:</STRONG> <ul style="margin-top:1px;padding-top:1px;"></li><li>Support Director, Sarbanes-Oxley Compliance and Program Manager, Internal Controls. </li><li>Assist with coordination, scheduling/planning, execution of internal controls reviews (SOX compliance/quality assurance reviews, walkthroughs, remediation reviews, process certifications, management testing) and audit related projects. ...Maintain 404 audit program schedules and calendars. </li><li>Perform internal control quality assurance and evidence assessment reviews. ...Participate in the communication of assessment and testing results. ...Assist with walkthroughs and auditing activities of routine and general computer controls. ...Assist in continuous monitoring of remediation plans for identified internal control deficiencies. ...Maintain results from assessment reviews, walkthroughs, and testing in the Corporate SOX Compliance tool to ensure information is complete, accurate and updated timely. </li><li>Monitor changes to process documentation (narrative, control matrix) including risk monitoring. ...Work with business process owners to maintain/update required process documentation - narrative, control matrices and flowcharts. ...Ensure that current, updated SOX 404 internal control information is maintained for the division in the SOX Compliance tool. </li><li>Validate and maintain SOX 404 inventories (critical computer applications, internal control handoffs, business process narratives, and process and control owner contacts) and ensure information is current and updated timely. </li><li>Prepare, update and maintain 404 metric/status reports. </li><li>Develop, implement and maintain SOX 404 Access databases and ensure data is complete, accurate and updated timely. ...Create, update and maintain database instruction and training materials. ...Organize and coordinate user acceptance testing ...Provide training to the users. </li><li>Develop and run report queries and ensure data accuracy. </li><li>Assist with various audit related projects. </li><li>Other duties as required for the position </li> </ul> <P align=justify><STRONG><U>Minimum Requirements/Skills</U>:</STRONG> <ul style="margin-top:1px;padding-top:1px;"></li><li>Education: Bachelors degree in Accounting, Finance or Business Management Information Systems is preferred. </li><li>Knowledge & Experience: 0-2 years of audit/audit consulting/Sarbanes-Oxley compliance implementation experience or equivalent business experience required. 1-2 years process coordination experience. </li><li>Must have working knowledge of Sarbanes Oxley requirements in particular, and familiarity with regulatory/compliance issues in general. </li><li>Strong understanding of internal controls. </li><li>Must be able to work independently as well as in a team environment. </li><li>Success Factors: Conform and abide by all regulations, policies, work procedures, instructions and safety rules. </li><li>Ability to work extended hours as necessary (20%).</li> </ul> <P align=justify><STRONG><U>Competencies/Desired Behavioral Characteristics</U>:</STRONG> <ul style="margin-top:1px;padding-top:1px;"></li><li>Strong sense of urgency with ability to multi-task, take initiative and follow-through. </li><li>Ability to be organized and methodical. </li><li>Analytical skills with strong problem solving ability. </li><li>Strong oral and written communications skills. </li><li>Detailed oriented. </li><li>Preferred Certifications: Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA), or Certified Public Accountant (CPA).</li> </ul> <a href="http://www.transamericareinsurance.com/career_openings.asp">CLICK HERE TO RETURN AND APPLY FOR JOB</a> | | 6357 | Junior Programmer/Analyst | N | <P align=justify><STRONG><U>Position Summary</U>:</STRONG><BR>A junior developer is expected to review business requirements, technical specifications and detailed designs and develop software solutions that fulfill those requirements and specifications. This person is expected to follow TARe software development processes and best practices to create a quality product.</P> <P align=justify><STRONG><U>Major Responsibilities</U>:</STRONG><BR>* Develop & support applications for TARe¿s client-server and web based strategic business systems & integrate with existing applications.<BR>* Follow project plans and provide clear status of progress.<BR>* Follow the TARe software development lifecycle and conform to best practices.<BR>* Review business requirements, software requirements and detailed designs.<BR>* Participate in design meetings to gather user requirements from business units.</P> <P align=justify><STRONG><U>Minimum Requirements</U>:<BR></STRONG>* 1+ years developing business applications, preferably financial or insurance industry applications, or equivalent academic experience.<BR>* 1+ years experience with Java, .NET or PowerBuilder, or equivalent academic experience.<BR>* 1+ years experience with relational databases, including SQL query skills and/or PL/SQL coding experience, or equivalent academic experience.<BR>* Demonstrated ability to function as an integral member of a team.<BR>* Strong interpersonal, verbal & written communication skills.<BR>* Strong logical thinking and problem solving skills.<BR>* Regular attendance is a minimum requirement of this role.</P> <P align=justify><STRONG><U>Desired Characteristics / Skills</U>:<BR></STRONG>* Experience with Hibernate, Spring, JSF, JUnit, ASP.NET, Microsoft Application Blocks, NUnit, Livelink Administration, Livelink API or Business Objects<BR>* Experience with application servers (WebLogic, Tomcat, IIS).<BR>* Experience with web services, Service Oriented Architecture (SOA) or distributed systems.<BR>* Experience supporting batch processes or third-party applications.<BR>* Proven understanding of object-oriented application design.<BR>* BS degree in Computer Science, Engineering or Mathematics or equivalent experience</P> | | 6346 | Retention Management Analyst I | N | <P align=justify><STRONG><U>Major Responsibilities</U>:<BR></STRONG>* Generate and process Excess or Quota Share Premium Client Billings on a monthly basis ensuring timeliness and accuracy.<BR>* Process quarterly inforce/policy exhibits files.<BR>* Process individual cession and self administered retrocession¿s according to applicable Excess treaties for active and recaptured pools.<BR>* Clear RMS exceptions and suggestions on a daily basis.<BR>* Administer TARe¿s retention limits to be sure that the company has coverage in place for all risks in excess of retention.<BR>* Monitor and manage suspense items to ensure they are cleared in accordance with established procedures and processes. Be accountable for clearing suspense items related to assigned companies.<BR>* Reconcile information to operating systems<BR>* Perform trend analysis and other analysis as needed by management=<BR>* Develop and maintain contact relationships with TARe¿s retrocessionaires.<BR>* Work cooperatively and collaboratively with a team of analysts to ensure processing is completed accurately and in accordance with established timelines. <BR>* Demonstrate proficiency in all operating systems<BR>* Participate fully in operations and organizational training classes to increase process and industry knowledge.<BR>* Analyze and communicate to appropriate parties timely<BR>* Create & follow-through on Development Plan, resulting in enhanced ability to process the business and serve the customer.<BR>* Other duties as required for the position</P> <P align=justify><STRONG><U>Minimum Requirements</U>:</STRONG><BR>* Bachelor¿s degree in business preferably Accounting/Finance or equivalent work experience.<BR>* At least 1 year insurance/reinsurance accounting experience.<BR>* Strong analytical skills<BR>* Demonstrated knowledge and experience in other areas of domestic operations such as claims or accepted premiums.<BR>* Ability to partner with clients and ensure their needs are met<BR>* Strong oral & written communication skills<BR>* Ability to identify and resolve issues<BR>* Strong results orientation & organizational, follow-up, and follow-through skills<BR>* Proficient PC spreadsheet skills in a Windows environment, including Word, Excel & Access<BR>* Available to work overtime as needed</P> <P align=justify><STRONG><U>Desired Requirements</U>:</STRONG><BR>* At least 2 years of TARe Domestic Operations experience - familiar with reinsurance/reinsurance terminology<BR>* Demonstrated knowledge of retention management principles.<BR>* Demonstrated knowledge of accounting principles, updating ledger accounts, reconciliation's and accounts payable and receivable processes<BR>* Proficiency in operations systems and processes (e.g., RIAS, RMS, PODS)<BR>* Insurance or technology industry designations<BR>* Strong customer service focus with proven abilities in negotiations, conflict resolution, multi-tasking, execution/results focused.</P> | |
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