Actuary Director

Company: USAA
Location: Phoenix
Posted on: April 30, 2024

Job Description:

Why USAA?At USAA, we have an important mission: facilitating the financial security of millions of U.S. military members and their families. Not all of our employees served in our nation's military, but we all share in the mission to give back to those who did. We offer a flexible work environment that requires an individual to be in the office 4 days per week. Relocation assistance is available for this position.

The candidate for this position will be the leader of the Auto Loss Reserving Analysis team within the broader P&C Actuary & Analytics Loss Reserving team. They will direct the Loss Reserving actuaries and analysts, as well as partner with Claims, Pricing and the Business leaders in monthly and quarterly analysis of Ultimate loss estimates for our largest lines of business.

Plans, coordinates, directs, and staffs actuarial activities required to analyze and achieve target pricing levels. Develops new products or rating structures, actuarial information and application requirements while balancing market and financial goals.

Coordinates the development of product line pricing assumptions and price structure while ensuring price level objectives are met.
Advises the development of new products and implementation of process improvements.
Provides short and long-term planning recommendations for unit objectives by developing and analyzing forecasts.
Manages and is accountable for the work of assigned employees.
Performs personnel management functions, including employee selection, team building, project/workload assignment, employee training, monitoring of work activity and performance evaluation.
Facilitates the development and implementation of products and projects.
Monitors competitive market, industry trends, and professional research to maintain knowledge of current activities related to products, regulations, market conditions, and innovative alternatives to achieve financial and market goals.
Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.

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.
-3 or more years of direct team lead or management experience required.
- Five (5) exams of the Casualty Actuarial Society.


Acquired the Associate of the Casualty Actuarial Society (ACAS) designation.
Skilled project leader - able to manage multiple priorities and direct work through others.
Strong Actuarial technical skills, preferably in Reserving, but a strong/deep level of pricing experience in Auto preferred.
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. Employees may be eligible for pay incentives based on overall corporate and individual performance and at the discretion of the USAA Board of Directors.

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. Applications for this position are accepted on an ongoing basis, this posting will remain open until the position is filled. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Keywords: USAA, Sun City , Actuary Director, Accounting, Auditing , Phoenix, Arizona