Associate Actuary (Property Pricing)

USAA
Phoenix, United States
$120.6K-$230.4K a year
Permanent
Full-time

Associate Actuary (Property Pricing)Why USAA? Why USAA?

Let’s do something that really matters.

At USAA, we have an important mission : facilitating the financial security of millions of military members and their families.

Not all of our employees served in our nation’s military, but we all share in the mission to give back to those who did.

We’re working as one to build a great experience and make a real impact for our members.

We believe in our core values of honesty, integrity, loyalty and service. They’re what guides everything we do from how we treat our members to how we treat each be a part of what makes us so special!

The Opportunity

As a dedicated Associate Actuary you will be part of the Property Pricing team. You will coordinate, prepare and perform advanced actuarial analyses required to develop new products, project future results, reprice existing products, and / or determine financial strength.

This position can work remotely in the continental with occasional business travel. However, any individual that resides within a 60 mile radius of the following USAA office locations and able and willing to work 4 days from the office is preferred : San Antonio, TX, Plano, TX, Phoenix, AZ, Colorado Springs, CO, Tampa, FL, Charlotte, NC.

Relocation assistance is not available for this position. The Opportunity What you'll do :

  • Establish appropriate statistical plans, analytical tools, and requirements for analyzing the experience of various products classification systems, rating plans, reserves, and catastrophes.
  • Assist in setting pricing objectives by making forecasts and projections and developing strategies to support thepany mission and goals in the areas of product development, pricing, catastrophe management, reinsurance, or reserving.
  • Utilize actuarial modeling software driven models for pricing, valuation, and / or risk management to develop new products, project future results, reprice existing products, and / or determine financial strength.

May make adjustments and improvements to models, when appropriate.

  • Monitorpetitive market, industry trends, and professional research to maintain knowledge of current activities related to products, regulation, market conditions, and innovative alternatives to achieve financial and market goals.
  • Creatively approach problems and issues from a wide range of perspectives to determine innovative techniques.
  • Champion and implements innovative solutions to business initiatives. Responsible for training team members on change / improvement.
  • Exhibit advanced knowledge of actuarial and business concepts provide innovative solutions and creatively solve business problems.
  • Represent USAA’s interest at industry levelmittee meetings. Provides data to other departments, useful for their management purposes, from actuarial data systems.
  • Ensure risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk andpliance 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 for a total of 8 years of experience) may be substituted in lieu of degree.
  • 4 years Actuarial / business / analytical experience + Associate of the Casualty Actuarial Society (ACAS).
  • Experience in developing Innovative Actuarial Analyses / Processes.
  • Experience in metric development / monitoring.
  • Strongmunication / presentation skills.

What sets you apart :

  • Experience building and interpreting Generalized Linear Models (GLMs)
  • Strong Actuarial pricing expertise with experience in using a variety of pricing methodologies and models.
  • Experience translating detailed analytics into manageable visualizations andmunicating / presenting the results concisely to executive leadership.
  • Experience working on multiple projects, managingpeting priorities, and prioritizing workflow through strong partnerships with multiple business partners.
  • Working knowledge of data analytic tools and Python / R / SQL or other language.
  • Demonstrable problem-solving, critical thinking, and analytical skills.
  • Ability to work in one of the following office locations if you currently reside within 60 miles of the location : San Antonio, TX, Phoenix, AZ, Colorado Springs, CO, Tampa, FL, Chesapeake, VA, Charlotte, NC.
  • US military experience through military service or a military spouse / domestic partner

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.

What we offer :

USAA has an effective process for assessing market data and establishing ranges to ensure we remainpetitive. 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. The salary range for this position is : $120,550 - $230,400 .

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 : At USAA our employees enjoy best-in-class benefits to support their physical, financial, and emotional wellness.

These benefits includeprehensive 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, please visit our benefits page on USAAjobs.

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.

Job ID 1420740279

30+ days ago
Related jobs
Promoted
USAA
Phoenix, Arizona

As a dedicated Director, P&C Pricing Actuary, you will be leading a Property Pricing team focused on countrywide indications and leading, planning, and forecasting activities for homeowners pricing, including analytics related to premium and loss trends. You may also be involved in planning, organiz...

USAA
Phoenix, Arizona

Associate Actuary (Property Pricing)Why USAA? Why USAA?. As a dedicated Associate Actuary you will be part of the Property Pricing team. Assist in setting pricing objectives by making forecasts and projections and developing strategies to support thepany mission and goals in the areas of product dev...

Promoted
VirtualVocations
Peoria, Arizona

Key Responsibilities:Lead pricing efforts in the $25-50m range and assist on efforts of all sizesProvide guidance on cost proposal preparation and pricing strategyCollaborate with various departments to ensure accuracy of estimates and materialsRequired Qualifications:5+ years of GovCon pricing and/...

Promoted
CVS Health
Scottsdale, Arizona

The Senior Analyst, Network Client Pricing is part of a broader team responsible for providing subject matter expertise and support in client pricing implementations. They have accountability for pricing setups across Employer, Health Plan and Government business segments. This role will also be acc...

UnitedHealth Group
Phoenix, Arizona

This Early Careers finance internship opportunity in actuarial will be available starting in June. The Actuarial Summer Internship Program offers:. Pursuing a major in Actuarial Science, Mathematics, Statistics, Accounting, Finance, Economics, or another related technical field. ...

Infoblox
Phoenix, Arizona
Remote

We are looking for a Senior Pricing and Licensing Analyst in West Coast, Central time, or Vancouver, Canada area to join our Global Products team, reporting to the Senior Director of Pricing and Licensing. In this pivotal role, you will be responsible for supporting Infoblox’s pricing and packaging ...

State Farm
Tempe, Arizona

Our P&C Actuarial Analysts develop actuarial recommendations for leadership and implement changes to satisfy the financial objectives of the #1 Auto and Homeowners insurer in the United States. To enable our associates to grow, P&C Actuarial offers a competitive Exam Support program for associates p...

USAA
Phoenix, Arizona

As a dedicated Actuarial Analyst II on the Property Pricing Segmentation team, you will coordinate, prepare and perform actuarial analyses required to develop new products, project future results, reprice existing products, and/or determine financial strength. Actuarial Analyst II (Mid-Level)Why USA...

HF Sinclair
Phoenix, Arizona

HF Sinclair seeking a Contracts and Pricing Analyst who will be responsible for providing administrative and technical support for the Contract and Pricing department. Develops expertise with various forms of software, including internal SAP modules and external terminal and pricing software, includ...

Arizona Official Website of State of Arizona
Arizona, US
Remote

The Actuary will develop actuarially sound capitation rates, conduct actuarial analysis for the agency, and clearly and accurately document all processes for peer review and internal and external actuarial communications. Develop actuarially sound capitation rates, conduct actuarial analysis for the...