Actuarial Analyst II

USAA Life Insurance Company; United States; Hybrid; USD 77,000 - 147,000; Full time

Benefits offered by this job

Medical, dental and vision plans

401(k) and pension

Parental benefits

Adoption assistance

Paid time off plus holidays and 16 vol

Wellness programs

Career path planning and continuing教育

Job summary

USAA seeks an Actuarial Analyst II to apply actuarial methodologies on structured projects within Auto/Property data science teams. The role is remote-eligible in the continental U.S., with on-site four days per week for residents near USAA offices.

You will build models, improve processes, mentor teammates, and translate technical insights into actionable business recommendations while complying with risk and regulatory standards.

Qualifications

• Bachelor's degree or 4 years of relevant education/experience.
• 2 years actuarial or analytical business experience.
• 3 Casualty Actuarial Society (CAS) exams.
• Experience with actuarial, mathematical, and statistical techniques 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 ability to connect technical insights to business problems.

Responsibilities

• Independently apply actuarial methodologies to complete structured projects (e.g., 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 documenting rationale).
• Identify and improve existing processes utilizing actuarial, mathematical, or statistical techniques.
• Proactively resolve technical issues and identifies appropriate issues for escalation.
• Assist others with troubleshooting issues.
• Create instructions and training materials for actuarial tools and processes.
• Mentor new team members.
• Apply 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.
• Ensure risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.

Skills

Python

R

SQL

SAS

BI tools

GLM/GBM modeling

Personal Lines Pricing

Earnix

Education

Bachelor's degree

4 years relevant education/experience

CAS exams

Tools

Earnix

Job description

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 experienced Actuarial Analyst II, you will be responsible for independently applying actuarial methodologies to complete structured projects and serve as a technical subject matter expert on assigned tasks. We have multiple exciting opportunities available on our Auto and Property data science teams that build loss, acquisition, retention, and lifetime value models.

This role is remote eligible in the continental U.S. with occasional business travel. However, individuals residing within a 60-mile radius of a USAA office will be expected to work on-site four days per week.

What you will do:

• Independently apply actuarial methodologies to complete structured projects (e.g., 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 documenting rationale).
• Identify and improve existing processes utilizing actuarial, mathematical, or statistical techniques.
• Proactively resolve technical issues and identifies appropriate issues for escalation.
• Assist others with troubleshooting issues.
• Create instructions and training materials for actuarial tools and processes.
• Mentor new team members.
• Apply 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.
• 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 relevant education and/or experience.
• 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:

• A passion for creative and innovative work that improves existing processes and creates new, repeatable and automated workflows that enhance team productivity.
• Personal Lines Pricing Experience
• Basic understanding of GLM or GBM modeling algorithms.
• Basic knowledge of Model Risk Management, Model Governance, and Regulatory requirements..
• Earnix experience
• 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 .

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.

Benefits:

• 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.