Associate Actuary (Property Pricing)

USAA
Colorado Springs, 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 1419357570

30+ days ago
Related jobs
USAA
Colorado Springs, Colorado

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...

Infoblox
Colorado Springs, Colorado
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 ...

USAA
Colorado Springs, Colorado

As a dedicated Actuarial Analyst I on the Property Pricing Modernization 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 I (Mid-Level)Why USAA...

501 CSAA Insurance Services, Inc.
Colorado, United States
Remote

We are actively hiring for an Actuarial Analyst IV – Remote. As an Actuarial Analyst IV you will research and develop new methods for insurance rating. Provides training to Actuarial Analysts. Analyze large datasets related to complex actuarial functions. ...

Philips
Colorado Springs, Colorado

Pricing Finance Data Analyst - IGT-D (Hybrid, Colorado Springs). Pricing strategy is a key component of commercial operations that supports IGTD sales organization with performance analytics and modelling to enhance value creation and facilitate the execution of the strategic plan. Designs and devel...

Odyssey Systems
Colorado Springs, Colorado
Remote

Odyssey Systems Consulting Group, .We focus on people, processes, and performance to deliver superior results.Since our inception in 1997, our commitment to mission success and customer satisfaction has been recognized with exponential growth and exceptional past performance ratings.We accept challe...

KBR
Colorado Springs, Colorado
Remote

The Pricing Analyst responsibilities may include but are not limited to the following:. KBR is making meaningful investments in the Pricing Team that supports our Government Solutions business. The company recognizes a strong Pricing Team is an important partner to business development, capture and ...

Promoted
Careers In Trucks LLC
Colorado Springs, Colorado

Local CDL-A Truck Drivers Wanted for Dedicated Account....

Anders Group
Colorado Springs, Colorado

Anders Group is looking for a qualified Tele Tech Tele Techto fill a current need in CO.Graduate from an accredited school.State License required/registration where applicable.Additional requirements may also be provided during interview.Anders Group offers fulfilling assignments and rewarding compe...

InsurSolv,LLC
Colorado Springs, Colorado

Commercial Independent Contractor forInsurance Loss Control.Independent ContractorsDuties:.The above information is used by our clientcompanies to determine whether a risk meets the carrierseligibility requirements.Inspectors set their ownhours and work schedules in which they organize to accommodat...