Why USAA?

　　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

　　We have an opportunity for a dedicated Life Actuary to join the Life Company assumption development team. This team owns the development, documentation, and monitoring of actuarial assumption models that support our Valuation, Pricing, Asset Liability, and Modeling areas for various Life Insurance, Annuity, and Health products. The Actuary will own the development and socialization of our more complex models and will be tasked with exploring alternate development methodologies that would enhance the model’s overall performance.

　　This role coordinates, prepares, and performs actuarial analyses required to develop new products, project future results, reprice existing products, and/or determine financial strength.

　　We offer a flexible work environment that requires an individual to be in the office 4 days per week. This position will be based in San Antonio, TX. Relocation assistance IS available for this position.

　　What you'll do:

　　Performs complex work assignments utilizing actuarial modeling software driven models for pricing, valuation, and/or risk management.

　　Reviews laws and regulations to ensure all processes are compliant; and provides recommendations for improvements and monitors industry communications regarding potential changes to existing laws and regulations.

　　Runs models, generates reports, and presents recommendations and detailed analysis of all model runs to Actuarial Leadership.

　　May make recommendations for model adjustments and improvements, when appropriate.

　　Shares knowledge with team members and serves as a resource to team on escalated issues and navigates obstacles to deliver work product.

　　Leads or participates as a key resource on moderately complex projects through concept, planning, execution, and implementation phases with minimal guidance, involving cross functional actuarial areas.

　　Develops exhibits and reports that help explain proposals/findings and provides information in an understandable and usable format for stakeholders.

　　Identifies and provides recommended solutions to business problems independently, often presenting recommendation to leadership.

　　Maintains proper price level, price structure, data availability and other requirements to achieve profitability and competitive goals.

　　Identifies critical assumptions to monitor and suggest timely remedies to correct or prevent unfavorable trends.

　　Tests impact of assumptions by identifying sources of gain and loss, the appropriate premiums, interest margins, reserves, and cash values for profitability and viability of new and existing products.

　　Advises management on issues and serves as a primary resource for their individual team members on escalated issues.

　　Ensures 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 years of related experience (in addition to the minimum years of experience required) may be substituted in lieu of degree.

　　4 years relevant actuarial or analytical experience and attainment of Fellow within the Society of Actuaries (8 years of experience and FSA without Bachelors); OR 8 years relevant actuarial experience and attainment of Associate within the Society of Actuaries (12 years of experience and ASA without Bachelors).

　　Experience performing complex work assignments utilizing actuarial modeling software driven models for pricing, valuation, and/or risk management.

　　Demonstrated experience communicating complex actuarial analysis and recommendations to technical and non-technical audiences.

　　What sets you apart:

　　US military experience through military service or a military spouse/domestic partner

　　FSA (Fellow of the Society of Actuaries) Designation

　　Experience with developing complex assumptions models; ex. Generalized Linear Model (GLM)

　　Experience with programming software, ex. R or Python

　　Communicating complex results to various audiences

　　AXIS modeling experience

　　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:

　　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: $120,550 – $216,990.

　　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 USAAjobs.com.

　　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.

　　If you are an existing USAA employee, please use the internal career site in OneSource to apply.

　　Please do not type your first and last name in all caps.

　　Find your purpose. Join our mission.

　　USAA is unlike any other financial services organization. The mission of the association is to facilitate the financial security of its members, associates and their families through provision of a full range of highly competitive financial products and services; in so doing, USAA seeks to be the provider of choice for the military community. We do this by upholding the highest standards and ensuring that our corporate business activities and individual employee conduct reflect good judgment and common sense, and are consistent with our core values of service, loyalty, honesty and integrity.

　　USAA attributes its long-standing success to its most valuable resource: our 35,000 employees. They are the heart and soul of our member-service culture. When you join us, you'll become part of a thriving community committed to going above for those who have gone beyond: the men and women of the U.S. military, their associates and their families. In order to play a role on our team, you don't have to be connected to the military yourself – you just need to share our passion for serving our more than 13 million members.

　　USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.

　　USAA is an EEO/AA Employer - applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetic information, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law.