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

Company: USAA
Location: Colorado Springs
Posted on: July 6, 2024

Job Description:


Let's do something that really matters.

At USAA, we have an important mission: facilitating the financial security of millions of U.S. 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 other. Come be a part of what makes us so special!

The Opportunity

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/or determine financial strength. Under minimal supervision, 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, 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 or Charlotte, NC. Relocation assistance is not available for this position.The OpportunityWhat you'll do:

  • 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, runs models, and generates reports.
  • May 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, interests margins, reserves, and cash values for new products.
  • Resolve issues and navigates 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.What you have:
    • 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 MA S-II + all VEEs completed.What sets you apart:
      • 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 partnerThe 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: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. The salary range for this position is: $99,160 - $189,530.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 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, please visit our benefits page on 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.

Keywords: USAA, Colorado Springs , Actuarial Analyst I (Mid-Level) - 401k w/ match, 34 days PTO, Professions , Colorado Springs, Colorado

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