Actuarial Analyst (Entry Level) at USAA
Phoenix, AZ 85070
About the Job
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
What you'll do:
We are seeking a dedicated Actuarial Analyst (Entry Level).
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 our Phoenix, AZ; San Antonio, TX; Plano, TX; Chesapeake, VA; Charlotte, NC; Colorado Springs, CO or Tampa, FL offices. Relocation assistance is not available for this position.
Entry level analyst responsible for applying actuarial methodologies under direct supervision on structured projects.
- Under direct supervision, applies basic understanding of actuarial concepts to make informed assumptions and apply actuarial methodologies on structured projects (e.g., Uses pre-defined metrics to test pricing assumptions and propose rate changes that improve rate adequacy and/or segmentation in a state; manipulates large datasets to produce actionable insights).
- Troubleshoots and identifies solutions for routine technical issues.
- Identifies opportunities to apply new tools and improve processes.
- Applies understanding of products supported and functional area’s needs to perform analyses and provide actionable insights that help solve business problems.
- Effectively communicates insights and solutions to peers and immediate leaders.
- 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 Actuarial/business/analytical experience (in addition to the minimum years of experience required) may be substituted in lieu of degree.
- Up to 2 years of Actuarial or analytical business experience.
- 1 Casualty Actuarial Society (CAS) exam.
- Familiarity with Excel and at least one programming language or modeling software package (Python, SQL, R, SAS, etc.).
- Experience aggregating and analyzing data to solve problems.
What sets you apart:
- Ability to effectively communicate insights and solutions to broad audiences including actuarial and non-actuarial stakeholders
- Personal and/or specialty lines pricing 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: $61,110-$116,800.
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.