Actuary Lead

United Services Automobile Association; Charlotte (NC); Remote; USD 164,000 - 315,000; Full time

Job summary

An established industry player seeks a Credentialed Actuary Lead to leverage extensive actuarial expertise in solving complex problems that drive business results. This role involves working with specialized teams to provide accurate forecasts, develop innovative pricing methodologies, and communicate actionable insights. Join a mission-driven organization that values integrity, service, and loyalty, where your contributions will make a significant impact on the financial security of members. Enjoy a collaborative environment with opportunities for professional growth and a commitment to excellence in all aspects of actuarial work.

Benefits

Comprehensive Medical Plans

401(k) and Pension

Paid Time Off

Paid Volunteer Hours

Life Insurance

Adoption Assistance

Wellness Programs

Career Path Planning

Continuing Education

Qualifications

• 8+ years experience in actuarial or analytical roles with advanced actuarial techniques.
• Expertise in statistical methods and data analysis for decision-making.
• Strong communication skills to convey complex data-driven solutions.

Responsibilities

• Identify and design solutions for complex actuarial problems.
• Lead actuarial projects and develop pricing methodologies.
• Communicate insights to executive leadership and cross-functional teams.

Skills

Actuarial Knowledge

Statistical Techniques

Data Analysis Tools

Python

R

SQL

SAS

Communication Skills

Problem-Solving Skills

Critical Thinking

Education

Bachelor's Degree

ACAS Credential

FCAS Credential

Tools

Data Visualization Tools

BI Tools

Job description

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

As a dedicated Credentialed Actuary Lead you will leverage expert, broad actuarial knowledge in at least one actuarial practice area (pricing, reserving, modeling, catastrophe risk, claims analytics, product management, etc.) to identify, define, and design solutions for complex, thought-provoking problems that drive business results at the LOB level.

There are two available positions. One position will be on the Forecasting Team and a second position on the Auto Indications Team.

This Actuary Lead may be part of the Forecasting Team with responsibilities over our Specialty lines. As an Actuary Lead on the Forecasting Team, you will provide accurate and insightful projections for forecast processes and communicate results to key business partners at all levels to drive key strategic decisioning conversations. You will also drive innovation across all lines (Auto, Home, & Specialty) by developing and implementing repeatable analyses and communications.

This Actuary Lead may be part of the Auto Indications Team and have experience in process standardization and automation. This Lead will be working with reginal/state actuaries to implement the indication results.

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

What you'll do:

• Apply deep and broad actuarial knowledge to identify, define, and design solutions to complex problems with ambiguous requirements (e.g., end-to-end design of rate level indications process for a new product; independently shapes and transforms all aspects of machine learning and AI for a product: (data selection, model selection, stakeholder communications, performance monitoring, etc.); independently runs catastrophe models for advanced ad-hoc analyses; provides guidance and training to peers for running and validating the catastrophe models; enhances current methodologies to tailor catastrophe model results to better represent USAA’s risk; designs and performs broad and complex actuarial analyses that produces actionable insights for company-level decision-making designs reserving methodology and technical platform for new product.
• Utilize advanced actuarial, mathematical, or statistical techniques to augment actuarial work product, methodologies, and procedures.
• Lead special actuarial projects, such as the development of new pricing methodologies or reporting tools to impact LOB-level initiatives.
• Provide thought and/or technical expertise on complex topics and influences key stakeholders on business decisions.
• Lead cross-functional actuarial initiatives.
• Strategically partner with IT to influence the design, alignment, and implementation of technical business standards.
• Assist the business unit with translating strategic objectives into tactical solutions.
• Maintain current knowledge of market trends and emerging risks and proactively develops strategies, policies, and processes to address them.
• Develop written communication and presentations that effectively to convey data-driven solutions to broad audiences including cross-functional executive leadership.
• 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.
• 8 years of Actuarial or analytical business experience + Associate of the Casualty Actuarial Society (ACAS) Credential held for 3 years; OR 6 years of Actuarial or analytical business experience + Fellow of the Casualty Actuarial Society (FCAS) Credential.
• Demonstrated expertise with relevant actuarial, mathematical, and statistical techniques and approaches used to support fact-based decision-making.
• Advanced 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.
• Demonstrated experience communicating complex solutions and analysis to cross-functional audiences, including executive leadership.

What sets you apart:

• Fellow of the Casualty Actuary Society (FCAS) credentialed.
• Experience leading teams through effective communication, learning, and mentorship
• A passion for creative and innovative actuarial work and developing that mindset in less experienced analysts through projects related to this work
• Expert Actuarial pricing expertise with experience in using a variety of pricing methodologies and models
• Strong experience translating detailed analytics into manageable visualizations and communicating/presenting the results concisely to executive leadership
• Experience working on multiple projects, managing competing priorities, and prioritizing workflow through strong partnerships with multiple business partners.
• Expert problem-solving, critical thinking, and analytic skills
• Ability to improve existing processes and create new, repeatable workflows to enhance team productivity
• US military experience through military service or a military spouse/domestic partner

Compensation range: The salary range for this position is: $164,780 - $314,960.

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.

About Us

If you are an existing USAA employee, please use the internal career site in OneSource to apply.

Please do not type your first and last name in all caps.

Find your purpose. Join our mission.

USAA is unlike any other financial services organization. The mission of the association is to facilitate the financial security of its members, associates and their families through provision of a full range of highly competitive financial products and services; in so doing, USAA seeks to be the provider of choice for the military community. We do this by upholding the highest standards and ensuring that our corporate business activities and individual employee conduct reflect good judgment and common sense, and are consistent with our core values of service, loyalty, honesty and integrity.

USAA attributes its long-standing success to its most valuable resource: our 35,000 employees. They are the heart and soul of our member-service culture. When you join us, you'll become part of a thriving community committed to going above for those who have gone beyond: the men and women of the U.S. military, their associates and their families. In order to play a role on our team, you don't have to be connected to the military yourself – you just need to share our passion for serving our more than 13 million members.

USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.