Full-Time

Actuarial Analyst I

Confirmed live in the last 24 hours

USAA

USAA

10,001+ employees

Financial services for military members and families

Financial Services

Compensation Overview

$99.2k - $189.5kAnnually

+ Pay Incentives

Entry

San Antonio, TX, USA

Position can work remotely in the continental U.S. with occasional business travel.

Category
Insurance
Finance & Banking
Required Skills
Python
R
SQL
Data Analysis
Requirements
  • Bachelor’s degree; OR 4 years of related Actuarial/business/analytical experience (in addition to the minimum years of experience required) may be substituted in lieu of degree.
  • 4 years of Actuarial or analytical business experience.
  • No more than 2 Casualty Actuarial Society (CAS) exams away from Associate of the Casualty Actuarial Society (ACAS) Credential and All Validation of Education Experience (VEEs) completed.
  • Demonstrated competency with relevant actuarial, mathematical, and statistical techniques and approaches used to support fact-based decision-making.
  • Intermediate knowledge of data analysis tools, data visualization, developing analysis queries and procedures in Python, R, SQL, SAS, BI tools or other analysis software, and relevant industry data & methods and ability to connect external insights to business problems.
  • Experience communicating complex solutions and analysis to both technical and nontechnical audiences.
Responsibilities
  • Independently apply complex technical and actuarial methodologies, as well as proficient actuarial knowledge, to complete unstructured projects.
  • Select and ensure quality of data used to perform trend analysis supports rate level indications; translates business problem into technical requirements; runs catastrophe models and interprets and communicates results to support business activities while executing and enhancing a strong control environment with guidance from an experienced catastrophe modeler.
  • Utilize actuarial, mathematical, or statistical techniques to augment actuarial work product.
  • Create and delivers training to teammates on mechanics of actuarial tools and processes.
  • Apply understanding of products supported, stakeholders’ needs, and industry trends to solve unstructured business problems.
  • Identify compliance gaps and process improvements and recommends develops solutions.
  • Lead unit initiatives and participates in cross-functional efforts as a technical subject matter expert.
  • Effectively communicate insights and solutions to all audiences, including executive leadership.
  • Synthesize complex and conflicting information into a clear and influential value proposition.
  • Ensure risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.

USAA provides financial services specifically for the military community, including active-duty members, veterans, and their families. They offer a variety of products such as auto, home, life, and health insurance, as well as banking services like checking and savings accounts, credit cards, loans, and mortgages. Their retirement services include investment options and personalized financial planning. USAA operates on a membership model, allowing only military members and their families to join, which helps them understand and meet the unique financial needs of this community. Unlike many other financial institutions, USAA's leadership team has military backgrounds, reinforcing their commitment to serving their members with a focus on financial wellness and community support.

Company Stage

N/A

Total Funding

N/A

Headquarters

San Antonio, Texas

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • USAA's investment in digital tools and platforms enhances customer experience, reflecting its adaptability and commitment to innovation.
  • The company's focus on military appreciation and partnerships, such as with the Frisco RoughRiders, strengthens its brand loyalty within the military community.
  • Despite layoffs, USAA's continued hiring and filling of over 8,300 jobs this year indicate robust growth and adaptation to changing business needs.

What critics are saying

  • The recent layoffs and top-level departures, including the upcoming retirement of CEO Wayne Peacock, could lead to instability and affect employee morale.
  • USAA's poor ratings from the Office of the Comptroller of the Currency in 2023 and 2022 highlight potential regulatory challenges and reputational risks.

What makes USAA unique

  • USAA's exclusive membership model allows it to deeply understand and cater to the specific financial needs of the military community, unlike broader financial institutions.
  • The company's leadership, with many having military backgrounds, ensures a strong alignment with the values and needs of its members, setting it apart from competitors.
  • USAA's commitment to corporate responsibility and community resilience initiatives further distinguishes it as a socially responsible financial services provider.

Help us improve and share your feedback! Did you find this helpful?