Purpose of Job This Associate Actuary will be part of a team
handling Competitive Intelligence and Analysis within the Property
& Casualty (P&C) business unit at USAA.
Coordinates, prepares and performs actuarial analyses required
to develop new products, project future results, reprice existing
products, and/or determine financial strength. Under minimal
supervision, performs moderately complex to complex work
assignments and problem resolution. Job Requirements About USAA
USAA 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.
In each of the past five years, we've been a top-40 Fortune 100
Best Companies to Work For®, and we've ranked among Victory Media's
Top 10 Military Friendly® Employers 13 years straight. We embrace a
robust veteran workforce and encourage veterans and veteran
spouses to apply.
USAA Careers - Award Winning Workplace (17 seconds)
USAA Careers – World Class Benefits (31 seconds)
Applies advanced knowledge of the business, its products, and
Utilizes actuarial modeling software driven models for pricing,
valuation, and/or risk management.
Enters data and tables, runs models, and generates reports.
May make adjustments and improvements to models, when
Maintains proper price level, price structure, data availability
and other requirements to achieve profitability and competitive
Identifies critical experience areas to monitor and suggest
timely remedies to correct or prevent unfavorable trends.
Identifies sources of gain and loss by product and
Tests pricing assumptions and the appropriate premiums,
interests margins, reserves, and cash values for new products.
Resolves issues of and navigates obstacles to deliver work
Serves as a resource to less experienced team members on
escalated issues of a routine nature.
Bachelor’s Degree OR 4 additional years of
Actuarial/business/analytical experience beyond the minimum
required may be substituted in lieu of a Degree.
4 or more years Actuarial/business/analytical experience +
*Qualifications may warrant placement in a different job
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 able to change your
Strong problem-solving, critical thinking, and analytical
Ability to work on multiple projects, manage competing
priorities and prioritize workflow
Extensive knowledge of rate making -pricing, modeling, and
simulation techniques and methodologies
Ability to conduct comparative filings analysis and analyze
Deep understanding of file distribution systems, database
structure, normalization concept and object relationships
Exceptional and working knowledge of data analytics tools with
the ability to diagnose root cause, path analysis, conduct deep
analyze, data discovery utilizing analytical tools - T-SQL
querying, SAS, or other analysis software (Python, R, Tableau)
Ability to translate detailed analytics into manageable
visualizations, communicate and present the results concisely to
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.
At USAA our employees enjoy one of the best benefits packages in
the business, including a flexible business casual or casual dress
environment, comprehensive medical, dental and vision plans, along
with wellness and wealth building programs. Additionally, our
career path planning and continuing education will assist you with
your professional goals.
Relocation assistance is available for this position.
For Internal Candidates:
Must complete 12 months in current position (from date of hire
or date of placement) or must have manager’s approval prior to
Last day for internal candidates to apply to the opening is
8/11/20 by 11:59 pm CST time .