Actuarial Analyst I (Mid-Level) - 401k w/ match, 34 days PTO

$99,160 - $189,530/Yr

USAA - Colorado Springs, CO

Full-time - Entry Level

Remote - Colorado Springs, CO

Credit Intermediation and Related Activities

About the position

At USAA, we have an important mission: facilitating the financial security of millions of U.S. military members and their families. As a dedicated Actuarial Analyst I on the Auto Pricing team, you will coordinate, prepare, and perform actuarial analyses required to develop new products, project future results, reprice existing products, and determine financial strength. Under minimal supervision, you will perform moderately complex to complex work assignments and problem resolution. This position can work remotely in the continental U.S. with occasional business travel. However, preference will be given to individuals residing within a 60-mile radius of specific USAA office locations who are able and willing to work 4 days from the office. Relocation assistance is not available for this position.

Responsibilities

• Apply proficient knowledge of the business, its products, and processes.
• Utilize actuarial modeling software for pricing, valuation, and/or risk management.
• Enter data and tables, run models, and generate reports.
• Make adjustments and improvements to models when appropriate.
• Maintain proper price level, price structure, data availability, and other requirements to achieve profitability and competitive goals.
• Identify critical experience areas to monitor and suggest timely remedies to correct or prevent unfavorable trends.
• Identify sources of gain and loss by product and assumption.
• Test pricing assumptions and the appropriate premiums, interest margins, reserves, and cash values for new products.
• Resolve issues and navigate obstacles to deliver work product.
• Serve as a resource to less experienced team members on escalated issues of a routine nature.
• Adhere to the USAA Actuarial Program Guidelines and the Actuarial Cross Train Program Guidelines.
• Ensure risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.

Requirements

• Bachelor's Degree OR 4 additional years of Actuarial/business/analytical experience beyond the minimum required (for a total of 8 years) may be substituted in lieu of a Degree.
• 4 years of Actuarial/business/analytical experience in addition to CAS (Casualty Actuarial Society) exams: 1, 2, 3F, MA S-I, and MAS-II + all VEEs completed.

Nice-to-haves

• Personal Lines pricing experience
• Expert level knowledge and experience with Excel and at least one programming language or modeling software package (Python, SQL, R, SAS, etc.)
• Demonstrated experience aggregating and analyzing data to solve problems
• Proven ability to effectively communicate insights and solutions to broad audiences including actuarial and non-actuarial stakeholders
• Familiarity and experience with industry pricing software such as Earnix
• US military experience through military service or a military spouse/domestic partner

Benefits

• 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
• Various wellness programs
• Career path planning and continuing education assistance