Associate Actuary

3 weeks ago


Phoenix, Arizona, United States USAA Full time
About USAA

USAA is a mission-driven organization that serves the financial needs of U.S. military members and their families. Our core values of honesty, integrity, loyalty, and service guide everything we do.

The Opportunity

We are seeking an experienced Associate Actuary to join our team and play a key role in shaping the future of actuarial pricing methodologies, developing innovative analytics, and enhancing communication for our Renters and Specialty lines pricing. This is an exciting opportunity to drive innovation and strategy for these quickly growing lines of business.

Key Responsibilities
  • Establish statistical plans, analytical tools, and requirements for analyzing product experience, 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.
  • Champion and implement innovative solutions to business initiatives and provide training to team members on change and improvement.
  • Represent USAA's interest at industry-level committee meetings and provide data to other departments for management purposes.
Requirements
  • 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 and processes.
  • Experience in metric development and monitoring.
  • Strong communication and presentation skills.
What Sets You Apart
  • Strong knowledge of Excel and at least one programming language or modeling software package.
  • Demonstrated experience with a variety of actuarial pricing methodologies.
  • Demonstrated experience translating analytics into manageable visualizations.
  • Ability to effectively communicate insights and solutions to broad audiences.
  • Personal lines pricing experience.
  • Familiarity and experience with industry pricing software such as Earnix.
What We Offer

USAA offers a competitive salary range of $120,550 - $230,400, based on experience and market data. Employees may be eligible for pay incentives based on overall corporate and individual performance. We also offer comprehensive benefits, including medical, dental, and vision plans, 401(k), pension, life insurance, parental benefits, adoption assistance, paid time off, and wellness programs.


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