Actuary

Why USAA

At USAA our mission is to empower our members to achieve financial security through highly competitive products exceptional service and trusted advice. We seek to be the #1 choice for the military community and their families.

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

The Opportunity

The USAA Loss Reserving team is seeking an experienced actuary to perform Auto Material Damage loss reserving projections. The ideal candidate will have loss reserving experience and experience with the Auto line of business.

This role is for a credentialed Actuary. You will leverage advanced knowledge in at least one actuarial practice area (reserving) to lead and complete broad complex unstructured projects with countrywide productlevel impact.

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

What youll do:

• Apply advanced actuarial knowledge to complete broad and complex projects (e.g. evaluates and selects methodology to price new discount/endorsement for countrywide rollout; develops alternative methodologies to comply with complex regulatory requirements; selects metrics and designs processes to monitor model performance; translates business problems into technical requirements and performs required analysis to develop solutions; independently runs catastrophe models and interprets and communicates results to support critical business activities while enhancing the control environment as needed.
• Utilize advanced actuarial mathematical or statistical techniques to augment actuarial work product.
• Lead special actuarial projects such as the development of new methodologies or reporting tools.
• Train new team members on the theory and mechanics of relevant actuarial methodologies.
• Apply deep understanding of products supported stakeholders needs and industry trends to solve unstructured business problems.
• Identify and anticipate compliance gaps and process improvements; recommends and develops solutions to mitigate risk.
• Represent Actuary in crossfunctional efforts.
• Develop written communication and presentations that effectively convey datadriven solutions to broad audiences including crossfunctional executive leadership.
• Ensure risks associated with business activities are effectively identified measured monitored and controlled in accordance with risk and compliance policies and procedures.

What you have:

• Bachelors degree; OR 4 years of related Actuarial/business/analytical experience (in addition to the minimum years of experience required) may be substituted in lieu of degree.
• 4 years of Actuarial or analytical business experience.
• Associate of the Casualty Actuarial Society (ACAS) Credential.
• Demonstrated advanced skills with relevant actuarial mathematical and statistical techniques and approaches used to support factbased decisionmaking.
• Advanced 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.
• Demonstrated experience communicating complex solutions and analysis to both technical and nontechnical audiences including executive leadership.

What sets you apart:

• Experience in Loss Reserving
• Experience with Auto line of business
• US military experience through military service or a military spouse/domestic partner

Compensation range: The salary range for this position is: $127310 $243340.

Compensation: USAA has an effective process for assessing market data and establishing ranges to ensure we remain competitive. You are paid within the salary range based on your experience and market data of the position. The actual salary for this role may vary by location.

Employees may be eligible for pay incentives based on overall corporate and individual performance and at the discretion of the USAA Board of Directors.

The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.

Benefits: At USAA our employees enjoy bestinclass 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.

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.