USAA

Lead Actuary

USAA

full-time

Posted on:

Location Type: Hybrid

Location: San AntonioTexasUnited States

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Salary

💰 $164,780 - $314,960 per year

Job Level

Tech Stack

About the role

  • Apply deep and broad actuarial knowledge to identify, define, and design solutions to complex problems with ambiguous requirements (e.g., end-to-end design of rate level indications process for a new product; independently shapes and transforms all aspects of machine learning and AI for a product: (data selection, model selection, stakeholder communications, performance monitoring, etc.);
  • independently runs catastrophe models for advanced ad-hoc analyses;
  • provides guidance and training to peers for running and validating the catastrophe models;
  • enhances current methodologies to tailor catastrophe model results to better represent USAA’s risk;
  • designs and performs broad and complex actuarial analyses that produces actionable insights for company-level decision-making designs reserving methodology and technical platform for new product.
  • Utilize advanced actuarial, mathematical, or statistical techniques to augment actuarial work product, methodologies, and procedures.
  • Lead special actuarial projects, such as the development of new pricing methodologies or reporting tools to impact LOB-level initiatives.
  • Provide thought and/or technical expertise on complex topics and influences key stakeholders on business decisions.
  • Lead cross-functional actuarial initiatives.
  • Strategically partner with IT to influence the design, alignment, and implementation of technical business standards.
  • Manage USAA vendor relationship(s).
  • Assist the business unit with translating strategic objectives into tactical solutions.
  • Maintain current knowledge of market trends and emerging risks and proactively develops strategies, policies, and processes to address them.
  • Develop written communication and presentations that effectively to convey data-driven solutions to broad audiences including cross-functional executive leadership.
  • Ensure 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 Actuarial/business/analytical experience (in addition to the minimum years of experience required) may be substituted in lieu of degree.
  • 8 years of Actuarial or analytical business experience + Associate of the Casualty Actuarial Society (ACAS) Credential held for 3 years; OR 6 years of Actuarial or analytical business experience + Fellow of the Casualty Actuarial Society (FCAS) Credential.
  • Demonstrated expertise with relevant actuarial, mathematical, and statistical techniques and approaches used to support fact-based decision-making.
  • Advanced 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 & methods and ability to connect external insights to business problems.
  • Demonstrated experience communicating complex solutions and analysis to cross-functional audiences, including executive leadership.
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 techniquesstatistical techniquesmathematical techniquescatastrophe modelingdata analysisdata visualizationPythonRSQLSAS
Soft Skills
communicationleadershipstakeholder managementproblem-solvingtrainingcollaborationstrategic thinkinganalytical thinkinginfluencingpresentation skills
Certifications
Bachelor's degreeAssociate of the Casualty Actuarial Society (ACAS)Fellow of the Casualty Actuarial Society (FCAS)