The OpportunityWhat you will do:- Performs complex work assignments utilizing actuarial modeling software driven models for pricing, valuation, and/or risk management.
- Reviews laws and regulations to ensure all processes are compliant; and provides recommendations for improvements and monitors industry communications regarding potential changes to existing laws and regulations.
- Runs models, generates reports, and presents recommendations and detailed analysis of all model runs to Actuarial Leadership.
- May make recommendations for model adjustments and improvements, when appropriate.
- Shares knowledge with team members and serves as a resource to team on escalated issues and navigates obstacles to deliver work product.
- Leads or participates as a key resource on moderately complex projects through concept, planning, execution, and implementation phases with minimal guidance, involving cross functional actuarial areas.
- Develops exhibits and reports that help explain proposals/findings and provides information in an understandable and usable format for stakeholders.
- Identifies and provides recommended solutions to business problems independently, often presenting recommendation to leadership.
- Maintains proper price level, price structure, data availability and other requirements to achieve profitability and competitive goals.
- Identifies critical assumptions to monitor and suggest timely remedies to correct or prevent unfavorable trends.
- Tests impact of assumptions by identifying sources of gain and loss, the appropriate premiums, interest margins, reserves, and cash values for profitability and viability of new and existing products.
- Advises management on issues and serves as a primary resource for their individual team members on escalated issues.
- Ensures 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 experience (in addition to the minimum years of experience required) may be substituted in lieu of degree.
- 4 years relevant actuarial or analytical experience and attainment of Fellow within the Society of Actuaries; OR 8 years relevant actuarial experience and attainment of Associate within the Society of Actuaries.
- Experience performing complex work assignments utilizing actuarial modeling software driven models for pricing, valuation, and/or risk management.
- Demonstrated experience communicating complex actuarial analysis and recommendations to technical and non-technical audiences.
What sets you apart:- 5+ years of Moody's AXIS experience
- Advanced degree
- US military experience through military service or a military spouse/domestic partner
Compensation range: The salary range for this position is: $127,310-$243,340USAA 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.
