Life Actuarial Analyst
San Antonio, TX - USA
Job Summary
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.
We are proud to support active-duty military spouses. USAA roles may offer remote or hybrid flexibility for active-duty military spouses consistent with applicable policy and business needs.
The Opportunity
As a dedicated Life Actuary Analyst youll coordinate prepare and perform actuarial analyses required to develop new products project future results reprice existing products and/or determine financial strength.
We offer a flexible work environment that requires an individual to be in the office 4 days per week. This position can be based in one of the following locations: San Antonio TX Plano TX or Charlotte NC. Relocation assistance is not available for this position.
What youll do:
Performs routine work assignments utilizing actuarial modeling software driven models for pricing valuation and/or risk management.
Responsible for data compilation and analytical support to include entering data and tables running models and generating reports.
Participates in developing recommendations for model adjustments and improvements when appropriate.
Resolves less complex issues independently and identifies appropriate issues for escalation.
Leveraging established processes preparing reports identifies and resolves data and reporting problems.
Responsible for maintaining proper price level price structure data availability model and other requirements to achieve profitability and competitive goals.
Monitors critical experience areas and identify unfavorable trends.
Identifies sources of gain and loss by product and assumption.
Tests impact of assumptions and the appropriate premiums interest margins reserves and cash values for profitability and viability of new and existing products.
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
Up to 2 years of relevant business or analytical experience.
2 Society of Actuaries exams completed.
Understanding and experience applying data analysis and actuarial techniques.
What sets you apart:
US military experience through military service or a military spouse/domestic partner.
Advanced degree in STEM
Experience with Tableau R Python or similar programming languages.
Experience with a wide range of life and annuity products.
Experience with data validation and trend analysis.
Compensation range: The salary range for this position is: $69920 - $133620.
USAA does not provide visa sponsorship for this role. Please do not apply for this role if at any time (now or in the future) you will need immigration support (i.e. H-1B TN STEM OPT Training Plans etc.).
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 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 .
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.
Required Experience:
IC
About Company
At USAA, we know the best way to serve our members is by building the best team. Learn more about careers at USAA and view available jobs here.