Associate Actuary (100% Remote Available)

Company: USAA
Location: Virginia Beach
Posted on: October 14, 2020

Job Description:

Purpose of Job.*Qualifications may warrant placement into an Actuary role*We are currently seeking a talented Associate Actuary (100% Remote Available) for one of the following locations: San Antonio Home Office I, Tampa Campus, Tampa Crosstown, Phoenix Campus, Colorado Springs Campus or Chesapeake.Coordinates, prepares and performs actuarial analyses required to develop new products, project future results, reprice existing products, and/or determine financial strength. Under minimal supervision, performs moderately complex to complex work assignments and problem resolution.The candidate selected for this position will be part of the newly formed Pricing Solutions and Methods team and will be accountable for developing capability enhancements to (1) deliver new insight and (2) enable USAA's pricing team to work more efficiently. The selected candidate will use industry pricing software as well as various data science technologies. This position may be hired at the Actuary or Associate Actuary level, depending on candidate qualifications. Job Requirements About USAA USAA knows what it means to serve. We facilitate the financial security of millions of U.S. military members and their families. This singular mission requires a dedication to innovative thinking at every level. In each of the past five years, we've been a top-40 Fortune 100 Best Companies to Work For--, and we've ranked among Victory Media's Top 10 Military Friendly-- Employers 13 years straight. We embrace a robust veteran workforce and encourage veterans and veteran spouses to apply. USAA Careers - Award Winning Workplace (17 seconds) USAA Careers ? World Class Benefits (31 seconds) Job Requirements

• Applies advanced knowledge of the business, its products, and processes.
• Utilizes actuarial modeling software driven models for pricing, valuation, and/or risk management.
• Enters data and tables, runs models, and generates reports.
• May make adjustments and improvements to models, when appropriate.
• Maintains proper price level, price structure, data availability and other requirements to achieve profitability and competitive goals.
• Identifies critical experience areas to monitor and suggest timely remedies to correct or prevent unfavorable trends.
• Identifies sources of gain and loss by product and assumption.
• Tests pricing assumptions and the appropriate premiums, interests margins, reserves, and cash values for new products.
• Resolves issues of and navigates obstacles to deliver work product.
• Serves as a resource to less experienced team members on escalated issues of a routine nature.Minimum Education:
  • Bachelor's Degree
  • 4 additional years of Actuarial/business/analytical experience beyond the minimum required may be substituted in lieu of a Degree.Minimum Experience:
    • 4 or more years Actuarial/business/analytical experience + ACAS*Qualifications may warrant placement in a different job level*When you apply for this position, you will be required to answer some initial questions. This will take approximately 5 minutes. Once you begin the questions you will not be able to finish them at a later time and you will not be able to change your responses.Preferred
      • Achievement of FCAS
      • Advanced knowledge of industry pricing software and techniques
      • Experience combining data science and actuarial methodologies
      • Experience building analyses in a Scripting environment, such as Python or R
      • Experience building GLMs or tree-based models
      • Advanced degree in a quantitative field such as Mathematics, Statistics, or EconomicsThe 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.At USAA our employees enjoy one of the best benefits packages in the business, including a flexible business casual or casual dress environment, comprehensive medical, dental and vision plans, along with wellness and wealth building programs. Additionally, our career path planning and continuing education will assist you with your professional goals.Relocation assistance is available for this position.For Internal Candidates:Must complete 12 months in current position (from date of hire or date of placement) or must have manager's approval prior to posting.Last day for internal candidates to apply to the opening is 10/11/20 by 11:59 pm CST time.

Keywords: USAA, Virginia Beach , Associate Actuary (100% Remote Available), Accounting, Auditing , Virginia Beach, Virginia