Director, Life Actuary – Life Company Valuation
USAA
full-time
Posted on:
Location Type: Hybrid
Location: San Antonio • Colorado • Texas • United States
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Salary
💰 $164,780 - $314,960 per year
Job Level
About the role
- Oversee and analyzes existing workflow and processes by organizing and integrating resources and systems
- Implements and monitors processes and performance standards and proactively identifies opportunities to promote continuous efficient and effective operations
- Provides team oversight on efforts to coordinate, prepare, and perform actuarial analyses in the development of rates, pricing strategies, financial models, or financial forecasts
- Provides guidance and supports actuarial modeling software driven models and maintains understanding of current systems impacting employees and business operations
- Analyzes process efficiency and recommends model adjustments and improvements, when appropriate
- Analyzes model input parameters and recommends adjustments
- Ensures compliance with policies, procedures, and state and federal regulations
- Reviews competitive analyses and actuarial regulatory correspondence and filings for accuracy
- Ensures work products comply with the guidelines of the American Academy of Actuaries and Actuarial Standards of Practice
- Analyzes industry trends and provides recommendations regarding changes related to relevant products, premiums, FIT and regulations
- Builds and oversees a team of employees for assigned functional area through ongoing execution of recruiting, development, retention, coaching and support, performance management, and managerial activities
- Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures
Requirements
- Bachelor’s degree OR 4 years of related experience may be substituted in lieu of degree
- 8 years of progressive actuarial related experience
- 3 years of direct team lead or management experience
- Fellow of the Society of Actuaries OR completed all requirements to obtain Fellowship except for the Fellowship Modules and or the Fellowship Admissions Course (FAC)
- Knowledge of applicable policies, procedures, and state and federal regulations
- Knowledge of guidelines of the American Academy of Actuaries and Actuarial Standards of Practice
- Demonstrated holistic understanding of the business operations and analytics with ability to communicate clearly to influence business strategies and solutions with key stakeholders
- Experience conceptualizing innovative approaches to actuarial studies and financial models and driving innovation to team members
Benefits
- 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
- various wellness programs
- career path planning and continuing education
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
actuarial analysesactuarial modeling softwarefinancial modelspricing strategiesprocess efficiency analysismodel adjustmentscompetitive analysesregulatory correspondencerisk managementcompliance monitoring
Soft Skills
team leadershipcoachingperformance managementcommunicationinfluencing strategiesproblem-solvinginnovationresource integrationorganizational skillsanalytical thinking
Certifications
Fellow of the Society of ActuariesFellowship Admissions Course (FAC)