Actuary Associate
4 weeks ago
USAA is seeking an experienced Associate Actuary to join our P&C Competitive Intelligence team. As a key member of our team, you will be responsible for coordinating, preparing, and performing advanced actuarial analyses to develop new products, project future results, reprice existing products, and determine financial strength.
Key Responsibilities- Establish statistical plans, analytical tools, and requirements for analyzing product classification systems, rating plans, reserves, and catastrophes.
- Assist in setting pricing objectives by making forecasts and projections and developing strategies to support the company mission and goals.
- Utilize actuarial modeling software to develop new products, project future results, reprice existing products, and determine financial strength.
- Monitor competitive market, industry trends, and professional research to maintain knowledge of current activities related to products, regulation, market conditions, and innovative alternatives.
- Creatively approach problems and issues from a wide range of perspectives to determine innovative techniques.
- Champion and implement innovative solutions to business initiatives.
- Exhibit advanced knowledge of actuarial and business concepts and provide innovative solutions and creatively solve business problems.
- Represent USAA's interest at industry level committee meetings and provide data to other departments.
- Ensure risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.
- Bachelor's degree or 4 years of related Actuarial/business/analytical experience.
- 4 years Actuarial/business/analytical experience + Associate of the Casualty Actuarial Society (ACAS).
- Experience in developing Innovative Actuarial Analyses/Processes.
- Experience in metric development/monitoring.
- Strong communication/presentation skills.
USAA offers a competitive salary range of $120,000 to $230,400, comprehensive medical, dental, and vision plans, 401(k), pension, life insurance, parental benefits, adoption assistance, paid time off program with paid holidays, and various wellness programs.
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