USAA

Life Actuarial Analyst

USAA$69K — $133K *
Plano, TX 75025In-Person
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree
  • Up to 2 years of relevant business or analytical experience
  • Completed 2 Society of Actuaries exams
  • Understanding of data analysis and actuarial techniques

Responsibilities

  • Utilize actuarial modeling software for pricing, valuation, and risk management
  • Compile data and provide analytical support, including data entry and report generation
  • Develop recommendations for model adjustments and improvements
  • Independently resolve less complex issues and escalate as needed
  • Prepare reports by identifying and solving data and reporting problems
  • Maintain price levels and model requirements for profitability
  • Monitor critical experience areas and identify trends

Benefits

  • Comprehensive medical, dental, and vision plans
  • 401(k) and pension plans
  • Life insurance
  • Parental benefits and adoption assistance
  • Paid time off, including holidays and volunteer hours
  • Various wellness programs
  • Career path planning and continuing education opportunities
Full Job Description
The Opportunity

As a dedicated Life Actuary Analyst you'll 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 you'll 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:
  • Bachelor's 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: $69,920 - $133,620

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 USAAjobs.com.

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.

About USAA

United Automobile Insurance Company (UAIC) was incorporated on March 2, 1989 in Miami Gardens, FL to provide a high quality and low cost insurance product to the non-standard automobile insurance market. The company is family owned and it is one of the largest privately held property and casualty insurance companies in the United States.UAIC has a world class information technology department. Their web technology is rated year after year as the easiest to use and most dependable by our agents.

USAA Careers

Joining USAA means becoming part of a family that welcomes diversity and is built on a culture of service and innovation. Our team of professionals is dedicated to providing exceptional service to our members, and we are always looking for passionate individuals to join our dynamic team. Whether you're starting your career or looking to grow professionally, USAA offers a range of job opportunities across various fields. Work You'll Do At USAA, we offer more than just jobs; we offer careers that make a difference. With a variety of positions available, from customer service to IT, you can find the perfect fit for your skills and interests. Our commitment to professional growth means we support your journey through leadership development programs, professional networking opportunities, and diverse career paths. USAA's commitment to innovation and leadership in the financial services industry makes it the ideal place to advance your career. We empower our employees to lead projects and initiatives that transform our services and operations. Internship Programs Kickstart your career with a USAA internship. Our internships provide invaluable workplace experience and a chance to see what a career at USAA really looks like. Interns at USAA gain hands-on experience, working alongside seasoned professionals on real projects that affect our members' lives. Benefits and Culture USAA recognizes that job satisfaction extends beyond the office. That's why we offer competitive benefits packages that support the health, well-being, and financial security of our employees and their families. Benefits include comprehensive health care, retirement plans, and generous paid time off. Moreover, our inclusive culture is one of our greatest strengths. We are committed to diversity training and creating an environment where all employees can thrive. USAA's culture is built on a foundation of respect, integrity, and responsibility. Join Our Team Ready to take the next step in your career? Explore the employment opportunities at USAA today. We are hiring creative, curious, and motivated individuals who are ready to make a difference. Check out our open positions, tailor your resume, and prepare for an interview where you can showcase your unique skills. Stay Connected Keep up to date with the latest career tips, insider perspectives, and industry-leading insights—all from the people who work at USAA. Subscribe to our careers blog and personalize your subscription to receive job alerts and the latest news tailored to your preferences. Discover the rewarding career opportunities awaiting you at USAA. Join a company that values leadership, innovation, and commitment to service. Start your journey with USAA today, where your future is waiting to be written.
Learn more about USAA
Size
35,700 employees
Industry
Founded
1989

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