Actuarial Analyst I

Why USAA?

At USAA, we have an important mission: facilitating the financial security of millions of U.S. military members and their families. Not all of our employees served in our nation's military, but we all share in the mission to give back to those who did.

We believe in our core values of honesty, integrity, loyalty, and service. They're what guides everything we do - from how we treat our members to how we treat each other. Come be a part of what makes us so special!

The Opportunity

As a dedicated Actuarial Analyst I on the Auto Core Pricing Modernization team, you are a near-credentialed analyst responsible for independently applying complex technical and actuarial methodologies as well as requiring expert knowledge in one actuarial practice area (pricing, reserving, modeling, catastrophe risk, claims analytics, product management, etc.) to complete unstructured projects.

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

What you'll do:

• Independently apply complex technical and actuarial methodologies, as well as proficient actuarial knowledge, to complete unstructured projects.
• Select and ensure quality of data used to perform trend analysis supports rate level indications; translates business problem into technical requirements; runs catastrophe models and interprets and communicates results to support business activities while executing and enhancing a strong control environment with guidance from an experienced catastrophe modeler.
• Utilize actuarial, mathematical, or statistical techniques to augment actuarial work product.
• Create and deliver training to teammates on mechanics of actuarial tools and processes.
• Apply understanding of products supported, stakeholders' needs, and industry trends to solve unstructured business problems.
• Identify compliance gaps and process improvements and recommend solutions.
• Lead unit initiatives and participate in cross-functional efforts as a technical subject matter expert.
• Effectively communicate insights and solutions to all audiences, including executive leadership.
• Synthesize complex and conflicting information into a clear and influential value proposition.
• 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:

• Bachelor's degree; OR 4 years of related Actuarial/business/analytical experience may be substituted in lieu of degree.
• 4 years of Actuarial or analytical business experience.
• No more than 2 Casualty Actuarial Society (CAS) exams away from Associate of the Casualty Actuarial Society (ACAS) Credential and all Validation of Education Experience (VEEs) completed.
• Demonstrated competency with relevant actuarial, mathematical, and statistical techniques and approaches used to support fact-based decision-making.
• Intermediate 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 and methods.
• Experience communicating complex solutions and analysis to both technical and nontechnical audiences.

What sets you apart:

• Experience with Personal Lines Auto Pricing.
• Experience with launching a new insurance product.
• Experience with Earnix.
• US military experience through military service or a military spouse/domestic partner.

What we offer:

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 salary range for this position is: $99,160 - $189,530.

Employees may be eligible for pay incentives based on overall corporate and individual performance.

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.

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.