Associate Actuary

2 weeks ago


San Antonio, Texas, United States USAA Full time
About the Role

USAA is seeking a highly skilled Associate Actuary to join our team. As a senior member of our actuarial team, you will 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.

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 in product development, pricing, catastrophe management, reinsurance, or reserving.
  • Utilize actuarial modeling software to develop new products, project future results, reprice existing products, and/or 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 to achieve financial and market goals.
  • Champion and implement innovative solutions to business initiatives and provide training to team members on change/improvement.
  • Represent USAA's interest at industry level committee meetings and provide data to other departments useful for their management purposes.
  • Ensure risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.
Requirements
  • Bachelor's degree or 4 years of related Actuarial/business/analytical experience.
  • Associate of the Casualty Actuarial Society (ACAS) or equivalent experience.
  • Experience in developing innovative actuarial analyses/processes, metric development/monitoring, and strong communication/presentation skills.
  • Strong knowledge of Excel and at least one programming language or modeling software package (Python, SQL, R, SAS, etc.).
  • Demonstrated experience with a variety of actuarial pricing methodologies, translating analytics into manageable visualizations, and effectively communicating insights and solutions to broad audiences.
  • Personal lines pricing experience and familiarity with industry pricing software such as Earnix.
What We Offer

USAA offers a competitive salary range of $120,550 - $230,400, 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.

Our career path planning and continuing education assists employees with their professional goals. We are an Equal Opportunity Employer and 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.


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