Noblr - Research Modeling Actuary (Remote)
Company: USAA
Location: Sun City
Posted on: August 1, 2022
|
|
Job Description:
Purpose of JobWe are seeking a Research Modeling Actuary to be
part of our Noblr team at USAA. This position will be working in a
Remote Work Environment (Work@Home).Join the team that's helping
better drivers to earn better car insurance rates. Noblr is smart,
app-powered car insurance that empowers its members to personalize
their monthly car insurance rates using their smartphones. Our
members log their trips with the Noblr app, get driving insights
that help them continuously improve, and earn rewards for
responsible driving.Here's where you come in:We are looking for an
experienced modeling actuary to join our Actuarial Research and
Modeling team. You will be the first Noblr modeling actuary hired
to lead the development and maintenance of Loss and Demand models
to drive personal line auto pricing decisions for Noblr's
telematics auto insurance program. You will be building predictive
models in a dynamic scripting language. The ideal candidate is a
team player who enjoys new challenges and working in a fast-paced
environment with minimal guidance.Coordinates, prepares and
performs expert level actuarial analyses required to develop new
products, project future results, reprice existing products, and/or
determine financial strength.Job RequirementsAbout USAAUSAA knows
what it means to serve. We facilitate the financial security of
millions of U.S. military members and their families. This singular
mission requires a dedication to innovative thinking at every
level.Primary Responsibilities:Identifies and manages existing and
emerging risks that stem from business activities and the job
role.Ensures risks associated with business activities are
effectively identified, measured, monitored, and controlled.Follows
written risk and compliance policies, standards, and procedures for
business activities.Establishes and may oversee appropriate
statistical plans, analytical tools, and requirements for analyzing
the experience of various products classification systems, rating
plans, reserves, and catastrophes.Participates in short term and
long-term planning activities and assists in setting objectives for
these plans by making forecasts and projections and developing
strategies to support the company mission and goals in the areas of
product development, pricing, catastrophe management, reinsurance,
modeling, or reservingUtilizes advanced actuarial modeling software
driven models for pricing, valuation, and/or risk management to
develop new products, project future results, reprice existing
products, and/or determine financial strength. May make adjustments
and improvements to models, when appropriate.Monitors competitive
market, industry trends, and professional research to maintain
knowledge of current activities related to products, regulation,
market conditions, and to achieve financial and market goals.
Creatively approaches problems and issues from a wide range of
perspectives to determine innovative techniques.Authors and
develops innovative solutions to business initiatives. Responsible
for training junior members on change/improvement. Performs highly
complex analysis/design, coding and testing in support of project
responsibilities.Serves as a resource to team members on escalated
issues of an unusual nature.Develops and manages requirements to
deliver agile business changes, exceptional member experiences,
and/or integrated solutions.Defines business problems and develops
business artifacts.Strategically partners with IT to influence the
design, alignment, and implementation of technical business
standards.Represents USAA's interest at industry level committee
meetings. Provides data to other departments, useful for their
management purposes, from actuarial data systems.When you apply for
this position, you will be required to answer some initial
questions. This will take approximately 5 minutes. Once you begin
the questions you will not be able to finish them at a later time
and you will not be able to change your responses.Minimum
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 Actuarial/business/analytical experience + Associate
of the Casualty Actuarial Society (ACAS) held for 5 years; OR 6
years Actuarial/business/analytical experience +Fellow of the
Casualty Actuarial Society (FCAS).Experience in developing and
delivering Innovative Actuarial Analyses/Processes.Demonstrated
experience and application of industry best practices in metric
development/monitoring.Strong communication/presentation skills to
include demonstrated experience effectively delivering key messages
to stakeholders.Preferred Experience:Experience building
Generalized Linear Models or tree-based models to support P
ratemakingExperience building predictive models in a dynamic
scripting language with strong programming skills (e.g. Python,
R)Experience with data manipulation and analysis tools (e.g. SAS,
SQL, Tableau, R, Python)Experience with model governance, including
model deficiency identification and remediation, ongoing
performance monitoring, and compensating controls in all aspects of
the model lifecycle.Advanced degree in Statistics or other
quantitative disciplineExperience building strong relationships
internally with extended project team members and externally with
state regulatorsAuto insurance experienceThe 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.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 position. The salary range for this position
is: $117,600 - $211,700*(this does not include geographic
differential it may be applied based on your work
location)Employees may be eligible for pay incentives based on
overall corporate and individual performance or at the discretion
of the USAA Board of Directors. *Geographical Differential:
Geographic pay differential is additional pay provided to eligible
employees working in locations where market pay levels are above
the national average. Shift premium: will be addressed on an
individual-basis for applicable roles that are consistently
scheduled for non-core hours. 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. Please
click on the link below for more details.USAA Total
RewardsRelocation assistance is not available for this
position.
Keywords: USAA, Sun City , Noblr - Research Modeling Actuary (Remote), Accounting, Auditing , Sun City, Arizona
Click
here to apply!
|