Job Description | Prequalifications | Ideal Candidate

Marketing Actuary Job Description

The Marketing Actuary drives the growth of our business by working with the sales team to leverage customer relationships and execute account and business acquisition strategies. They can expect to be engaged in a broad range of activities, including:

• Working as part of a results-focused sales and pricing team
• Identifying industry needs and working with product developers on designing solutions to meet those needs [NEW]
• Anticipating changes in the marketplace that force us to change quickly and adjusting sales and portfolio strategies to address these changes
• Using strategic consultative selling to propose win-win opportunities and close deals
• Working directly with line management and other key senior managers
• Using technical knowledge to develop solutions and assess risks

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Prequalifications

To be considered for the Marketing Actuary position, applicants must meet the following requirements:

• Attained a bachelor’s degree in mathematics, statistics and/or actuarial science
• Achieved the FCIA and/or FSA designations. Career actuaries with the ASA designation also will be considered.
• Have at least eight years of experience in the life insurance and/or reinsurance field (FSA/FCIA). For career ASAs, at least 12 years of experience.

Experience with the capital markets, investment banking or institutional finance is considered a plus.

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Characteristics of the Ideal Candidate

As a successful marketing actuary at Transamerica Reinsurance, you are a stand-out performer. You exhibit take-charge behaviors, display a tolerance for goals that carry some risk and have a need for challenge. You have the assertiveness to function as a go-between with salespeople and pricing actuaries. Most likely, you are ambitious and will sacrifice to get ahead, such as by putting in extra hours. You are comfortable having authority and take ownership of the pricing process for assigned client accounts and projects.

You are a capable negotiator who can maneuver to get desirable terms and conditions and drive closure of profitable business. You close (or assist with closing) business through sound technical, strategic skills and an interpersonal style that promotes relationships and influences the appropriate parties – underwriters, other actuaries, clients, etc. Your communication style is likely to be assertive and project confidence.

You are comfortable shifting gears to handle multiple responsibilities. Because you operate with a sense of urgency and adapt well to change, you are able to meet deadlines without sacrificing quality.

Autonomous and results-oriented, you also need to comply and be precise in calculations, projections and all other actuarial work. You take leadership in the design, evaluation, communication and execution of new business development strategies. You grasp the whole job, recognizing the difference between calculated risk and opportunity. This trait is vital to the success and growth of our team.

Other hallmarks of your professional behavior include a take-charge approach to securing results, your focus on growth, profitability and improvement, and your willingness to take ownership of results.