Actuary – Auto and Property Modeling
Not Disclosed•Full-TimeHybrid
location_onEast Pikes Peak Avenue, Historic Uptown, Downtown, Colorado Springs, El Paso County, Colorado, 80903, United States
Why USAA?
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
We are seeking a highly motivated and experienced Actuary to join our dynamic and growing Modeling Factory team within the Underwriting & Pricing Analytics department. This is an exciting opportunity to play a pivotal role in shaping the future of our P&C organization by maintaining, enhancing, and providing regulatory support for our advanced pricing and demand models across all lines of business.
In this role, you will leverage your advanced actuarial knowledge and technical expertise to drive innovation, enhance our scalable and modular pricing processes, and ensure reproducibility and automation in our workflows. You will collaborate closely with key partners, including the Go-to-Market Pricing department and Insights and Innovation teams, to develop and implement cutting-edge actuarial solutions that deliver significant value and enhance member impact.
We offer a flexible work environment that requires an individual to be in the office 4 days per week. This position can be based in one of the following locations: San Antonio, TX, Plano, TX, Phoenix, AZ, Colorado Springs, CO, Charlotte, NC, or Tampa, FL. Relocation assistance is approved for this position.
Application Instructions
Applications for this position are accepted on an ongoing basis, and this posting will remain open until the position is filled. Thus, interested candidates are encouraged to apply the same day they view this posting.
Important Note: 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.).
Equal Opportunity
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.
Work location
Work model: Hybrid
East Pikes Peak Avenue, Historic Uptown, Downtown, Colorado Springs, El Paso County, Colorado, 80903, United States
Colorado Springs, Colorado
Key Responsibilities
- check_circleDevelop alternative methodologies to comply with complex regulatory requirements
- check_circleSelect metrics and design processes to monitor model performance
- check_circleIndependently run catastrophe models and interpret results to support business activities
- check_circleLead special actuarial projects including development of new methodologies and reporting tools
- check_circleTrain new team members on the theory and mechanics of relevant actuarial methodologies
- check_circleDevelop written communication and presentations to convey data-driven solutions to executive leadership
- check_circleEnsure risks associated with business activities are identified, measured, monitored, and controlled
- check_circleIdentify compliance gaps and recommend solutions to mitigate risk
- check_circleApply advanced actuarial knowledge to evaluate and select pricing methodologies for new discounts and endorsements
Requirements
- verifiedBachelor's degree OR 4 years of related Actuarial/business/analytical experience
- verified4 years of Actuarial or analytical business experience
- verifiedAssociate of the Casualty Actuarial Society (ACAS) Credential
- verifiedAdvanced skills in Python, R, SQL, SAS, BI tools
- verifiedUS military experience or military spouse/domestic partner
- verifiedNo visa sponsorship required (US work authorization)
Nice to Have
A passion for creative and innovative work that improves existing processes and creates new, repeatable and automated workflows that enhance team productivity. Demonstrable problem-solving, critical thinking, and analytic skills. Strong Actuarial pricing expertise with experience in using a variety of pricing methodologies and GLM or GBM models. Experience collaborating on and supporting Regulatory needs related to pricing or modeling practices. Knowledge of Model Risk Management, Model Governance, and Regulatory requirements. US military experience through military service or a military spouse/domestic partner.
Benefits & Perks
check_circleComprehensive medical, dental, and vision planscheck_circle401(k) and pension planscheck_circleLife insurance coveragecheck_circleParental benefits and adoption assistancecheck_circlePaid time off program with paid holidayscheck_circle16 paid volunteer hourscheck_circleVarious wellness programscheck_circleCareer path planning and continuing education assistancecheck_circleRelocation assistance
