Actuarial Analyst - Capital Modeling

USAA; San Antonio (TX); On-site; USD 77,000 - 148,000; Full time

Job summary

Join a leading financial services company as an Actuarial Analyst in Capital Modeling. This role involves applying actuarial methodologies to analyze risks impacting capital requirements while working in a flexible environment. Ideal candidates have a relevant degree, actuarial experience, and strong data analysis skills.

Benefits

Comprehensive medical and dental benefits

401(k) and pension plans

Paid time off and wellness programs

Qualifications

• 2 years of Actuarial or analytical business experience.
• 3 Casualty Actuarial Society (CAS) exams.
• Experience with relevant actuarial techniques.

Responsibilities

• Independently applies actuarial methodologies to structured projects.
• Builds tools to test and implement new methodologies.
• Mentors new team members.

Skills

Analytical skills

Statistical techniques

Data visualization

Education

Bachelor’s degree or related experience

Tools

Python

R

SQL

SAS

BI tools

Job description

Join to apply for the Actuarial Analyst - Capital Modeling role at USAA

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Join to apply for the Actuarial Analyst - Capital Modeling role at USAA

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.

The Opportunity
We are seeking a dedicated Actuarial Analyst - Intermediate to join our Enterprise Capital Modeling team. In this role, you will be responsible for independently applying actuarial methodologies to evaluate risk that could impact the company’s capital requirements with a broader view of the entire balance sheet and income statement.

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 San Antonio TX, Plano TX, Tampa FL, Charlotte NC, Phoenix AZ, or Colorado Springs CO.

Relocation assistance is not available for this position.

What You'll Do

• Independently applies actuarial methodologies to complete structured projects.
• Builds tools to test and implement new methodologies that improve accuracy of actuarial analysis; utilizes model results to select new variables and refresh existing variables in a rating algorithm; analyzes results from multiple methodologies to propose reserve selections and documents rationale.
• Identifies and improves existing processes utilizing actuarial, mathematical, or statistical techniques.
• Proactively resolves technical issues and identifies appropriate issues for escalation.
• Assists others with troubleshooting issues.
• Creates instructions and training materials for actuarial tools and processes.
• Mentors new team members.
• Applies business acumen to provide actionable insights that help solve business problems.
• Effectively communicates insights and solutions to broad audiences including actuarial and non-actuarial stakeholders.
• Ensures 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; 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.
• 2 years of Actuarial or analytical business experience.
• 3 Casualty Actuarial Society (CAS) exams.
• Experience with relevant actuarial, mathematical, and statistical techniques and approaches used to support fact-based decision-making.
• Intermediate 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 technical insights to business problems.

What Sets You Apart

• P&C Pricing/Reserving/Catastrophe or Analysis experience.
• Experience working within three lines of defense model risk management framework.
• Experience with Igloo or Snowflake.
• US military experience through military service or a military spouse/domestic partner.

Compensation range: The salary range for this position is: $77,120 - $147,390.

Note: USAA does not provide visa sponsorship for this role. Please do not apply if you will need immigration support.

Employees may be eligible for pay incentives based on performance. Actual salary varies by location and experience.

Benefits: USAA offers comprehensive medical, dental, vision, 401(k), pension, life insurance, parental benefits, adoption assistance, paid time off, and wellness programs. More details are available on USAAjobs.com.

Applications are accepted on an ongoing basis until the position is filled. We encourage interested candidates to apply promptly.

USAA is an Equal Opportunity Employer. All qualified applicants will receive consideration regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.