Life Actuarial Analyst

USAA

Plano, TX(remote)

JOB DETAILS
SALARY
$69,920–$133,620 Per Year
SKILLS
Actuarial Skills, Analysis Skills, Annuities, Data Analysis, Data Collection, Data Entry, Data Modeling, Data Quality, Identify Issues, Market Analysis, Military, Pricing, Problem Solving Skills, Process Development, Product Development, Product Pricing, Profit & Loss, Programming Languages, Python Programming/Scripting Language, R Programming Language, Reporting Skills, Risk, Risk Management, Tableau, Trend Analysis
LOCATION
Plano, TX(remote)
POSTED
1 day ago

Why USAA?

At USAA, our mission is to empower our members to achieve financial security through highly competitive products, exceptional service and trusted advice. We seek to be the #1 choice for the military community and their families.

Embrace a fulfilling career at USAA, where our core values – honesty, integrity, loyalty and service – define how we treat each other and our members. Be part of what truly makes us special and impactful.

We are proud to support active-duty military spouses. USAA roles may offer remote or hybrid flexibility for active-duty military spouses consistent with applicable policy and business needs.

The Opportunity

As a dedicated Life Actuary Analyst you’ll coordinate, prepare, and perform actuarial analyses required to develop new products, project future results, reprice existing products, and/or determine financial strength.

We offer a flexible work environment that requires an individual to be in the office 4 days per week. This position can be based in one of the following locations: San Antonio, TX, Plano, TX, or Charlotte, NC. Relocation assistance is not available for this position.

What you'll do:

  • Performs routine work assignments utilizing actuarial modeling software driven models for pricing, valuation, and/or risk management.

  • Responsible for data compilation and analytical support to include entering data and tables, running models, and generating reports.

  • Participates in developing recommendations for model adjustments and improvements, when appropriate.

  • Resolves less complex issues independently and identifies appropriate issues for escalation.

  • Leveraging established processes, preparing reports, identifies and resolves data and reporting problems.

  • Responsible for maintaining proper price level, price structure, data availability, model, and other requirements to achieve profitability and competitive goals.

  • Monitors critical experience areas and identify unfavorable trends.

  • Identifies sources of gain and loss by product and assumption.

  • Tests impact of assumptions and the appropriate premiums, interest margins, reserves, and cash values for profitability and viability of new and existing products.

  • Ensure risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.

What you have:

  • Bachelor's degree

  • Up to 2 years of relevant business or analytical experience.

  • 2 Society of Actuaries exams completed.

  • Understanding and experience applying data analysis and actuarial techniques.

What sets you apart:

  • US military experience through military service or a military spouse/domestic partner.

  • Advanced degree in STEM

  • Experience with Tableau, R, Python, or similar programming languages.

  • Experience with a wide range of life and annuity products.

  • Experience with data validation and trend analysis.

Compensation range: The salary range for this position is: $69,920 - $133,620.

USAA does not provide visa sponsorship for this role. Please do not apply for this role if at any time (now or in the future) you will need immigration support (i.e., H-1B, TN, STEM OPT Training Plans, etc.).

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. The actual salary for this role may vary by location.

 

Employees may be eligible for pay incentives based on overall corporate and individual performance and at the discretion of the USAA Board of Directors.

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.

 

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.

 

For more details on our outstanding benefits, visit our benefits page on USAAjobs.com.

Applications for this position are accepted on an ongoing basis, this posting will remain open until the position is filled. Thus, interested candidates are encouraged to apply the same day they view this posting.

 

USAA is an Equal Opportunity Employer. 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.

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About the Company

U

USAA

Industry leading service that puts our memberships' needs first.
We're dedicated to the financial well-being of members of the military and their families for generations to come. That's why we provide a variety of financial products and best-in-class service to help our members achieve their financial goals and plan for the future.

Our history continues to drive our purpose.
USAA began in 1922 with 25 Army officers who offered to insure each other's vehicles when no one else would. Today, their tiny organization has grown into a respected institution offering a full range of financial products to millions of members.

We believe they'd be pleased to know that USAA remains true to their founding values of service, loyalty, honesty and integrity.

In 1922, when 25 Army officers met in San Antonio, Texas, and decided to insure each other's vehicles, they could not have imagined that their tiny organization would one day serve over 8 million members and become one of the only fully integrated financial services companies in America.

We believe they would be pleased to know that USAA has remained true to their founding values of service, loyalty, honesty and integrity.
COMPANY SIZE
10,000 employees or more
INDUSTRY
Financial Services
FOUNDED
1922
WEBSITE
https://www.usaa.com