Actuarial Analyst

Why Choose USAA?

At USAA, our mission is to empower our members to achieve financial security through highly competitive products, exceptional service, and trusted advice. We strive to be the top choice for the military community and their families.

We embrace a fulfilling career at USAA, where our core values – honesty, integrity, loyalty, and service – guide how we treat each other and our members. Be part of what truly makes us special and impactful.

The Opportunity

You will join the Actuary Data Modernization team as a near-credentialed analyst, responsible for independently applying complex technical and actuarial methodologies. You will require expert knowledge in one actuarial practice area (pricing, reserving, modeling, catastrophe risk, claims analytics, product management, etc.) to complete unstructured projects.

Translating business problems into applied statistical, machine learning, simulation, and optimization solutions, you will inform actionable business insights and drive business value through automation, revenue generation, and expense and risk reduction. Leverage database, cloud, and programming knowledge to build analytical modeling solutions using statistical and machine learning techniques.

This position can work remotely in the continental U.S. with occasional business travel.

Your Key Responsibilities:

• Independently apply complex technical and actuarial methodologies, and proficient actuarial knowledge, to complete unstructured projects.
• Select and ensure quality of data used to perform trend analysis supports rate level indications; translate business problem into technical requirements; run catastrophe models and interpret and communicate results to support business activities while executing and enhancing a strong control environment with guidance from an experienced catastrophe modeler.
• Utilize actuarial, mathematical, or statistical techniques to augment actuarial work product.
• Create and deliver training to teammates on mechanics of actuarial tools and processes.
• Apply understanding of products supported, stakeholders' needs, and industry trends to solve unstructured business problems.
• Identify compliance gaps and process improvements and recommend develop solutions.
• Lead unit initiatives and participate in cross-functional efforts as a technical subject matter expert.
• Effectively communicate insights and solutions to all audiences, including executive leadership.
• Synthesize complex and conflicting information into a clear and influential value proposition.
• Ensure risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.

Your Qualifications:

• Bachelor's degree; OR 4 years of related Actuarial/business/analytical experience may be substituted in lieu of degree.
• 4 years of Actuarial or analytical business experience.
• No more than 2 Casualty Actuarial Society (CAS) exams away from Associate of the Casualty Actuarial Society (ACAS) Credential and All Validation of Education Experience (VEEs) completed.
• Demonstrated competency with relevant actuarial, mathematical, and statistical techniques and approaches used to support fact-based decision-making.
• Intermediate knowledge of data analysis tools, data visualization, developing analysis queries and procedures in Python, R, SQL, SAS, BI tools or other analysis software, and relevant industry data & methods and ability to connect external insights to business problems.
• Experience communicating complex solutions and analysis to both technical and nontechnical audiences.

What Sets You Apart:

• Experience with loss cost, demand, acquisition, and lifetime value modeling.
• Advanced knowledge and experience in Python or R.
• Experience with Personal Lines Auto Pricing.
• Experience with launching a new insurance product.
• Experience with Earnix.
• US military experience through military service or a military spouse/domestic partner.

Compensation Range: The salary range for this position is: $103,450 - $197,730.

Benefits: At USAA, our employees enjoy best-in-class benefits to support their physical, financial, and emotional wellness. These benefits include comprehensive medical, dental, and vision plans, 401(k), pension, life insurance, parental benefits, adoption assistance, paid time off program with paid holidays plus 16 paid volunteer hours, and various wellness programs. Additionally, our career path planning and continuing education assists employees with their professional goals.

For more details on our outstanding benefits, visit our benefits page on USAAjobs.com.

Applications for this position are accepted on an ongoing basis, this posting will remain open until the position is filled. Thus, interested candidates are encouraged to apply the same day they view this posting.

USAA is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.