Actuarial Analyst I

USAA; Charlotte (NC); Remote; USD 103,000 - 198,000; Full time

Job summary

A leading company in the financial services sector seeks an Actuarial Analyst I to apply advanced actuarial methodologies both independently and as part of a team. This remote-friendly position requires a bachelor's degree and substantial experience in actuarial work, with a focus on both communication of complex analyses and technical expertise. The ideal candidate will have a deep understanding of actuarial practices and the ability to influence business decisions through data-driven insights and initiatives.

Benefits

401(k) with company match

Comprehensive medical, dental, and vision plans

Paid time off and holidays

Various wellness programs

Career path planning and continuing education

Qualifications

• 4 years of Actuarial or analytical business experience.
• Near Associate of the Casualty Actuarial Society (ACAS) Credential.
• Competency with actuarial, mathematical, and statistical techniques.

Responsibilities

• Independently apply complex technical and actuarial methodologies.
• Select and ensure quality of data for trend analysis.
• Communicate insights and solutions to various audiences.

Skills

Data analysis

Mathematical techniques

Statistical techniques

Communication skills

Education

Bachelor’s degree

Tools

Python

R

SQL

SAS

Job description

As a dedicated Actuarial Analyst I, you will be a near-credentialed analyst responsible for independently applying complex technical and actuarial methodologies as well as requiring expert knowledge in one actuarial practice area (pricing, reserving, modeling, catastrophe risk, claims analytics, product management, etc.) to complete unstructured projects.

This position can work remotely in the continental U.S. with occasional business travel.

What you'll do :

• Independently apply complex technical and actuarial methodologies, as well as proficient actuarial knowledge, to complete unstructured projects
• Select and ensure quality of data used to perform trend analysis supports rate level indications; translates business problem into technical requirements; runs catastrophe models and interprets and communicates results to support business activities while executing and enhancing a strong control environment with guidance from an experienced catastrophe modeler.
• Utilize actuarial, mathematical, or statistical techniques to augment actuarial work product.
• Create and deliver training to teammates on mechanics of actuarial tools and processes.
• Apply understanding of products supported, stakeholders’ needs, and industry trends to solve unstructured business problems.
• Identify compliance gaps and process improvements and recommends develops solutions.
• Lead unit initiatives and participates in cross-functional efforts as a technical subject matter expert.
• Effectively communicate insights and solutions to all audiences, including executive leadership.
• Synthesize complex and conflicting information into a clear and influential value proposition.
• 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; 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.
• 4 years of Actuarial or analytical business experience.
• No more than 2 Casualty Actuarial Society (CAS) exams away from Associate of the Casualty Actuarial Society (ACAS) Credential and All Validation of Education Experience (VEEs) completed.
• Demonstrated competency 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 external insights to business problems.
• Experience communicating complex solutions and analysis to both technical and nontechnical audiences.

What sets you apart :

• Experience with Personal Lines Property Pricing
• Experience with launching a new insurance product
• Experience with Earnix
• US military experience through military service or a military spouse / domestic partner

Compensation range : The salary range for this position is : $103,450 - $197,730 .

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.).

Post appropriate Fair Change language from below if your job is to be posted in San Diego OR LA County, delete this line if not needed.]

USAA will consider qualified applicants with a criminal history pursuant to the San Diego County Fair Chance Ordinance and the California Fair Chance Act. You do not need to disclose your criminal history or participate in a background check until a conditional job offer is made to you. After making a conditional offer and running a background check, if USAA is concerned about a conviction(s) that is directly related to the job, you will be given the chance to explain the circumstances surrounding the conviction, provide mitigating evidence, or challenge the accuracy of the background report. Find out more about the Fair Chance Ordinance by visiting the San Diego County Office of Labor Standards and Enforcement webpage.

USAA will consider qualified applicants with a criminal history pursuant to the L os Angeles County Fair Chance Ordinance and the California Fair Chance Act. You do not need to disclose your criminal history or participate in a background check until a conditional job offer is made to you. After making a conditional offer and running a background check, if USAA is concerned about a conviction(s) that is directly related to the job, you will be given the chance to explain the circumstances surrounding the conviction, provide mitigating evidence, or challenge the accuracy of the background report. Find out more about the Fair Chance Ordinance by visiting the Los Angeles County Office of Labor Standards and Enforcement website.

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.