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Life Actuarial Solutions Analyst Senior - Life Company
PHOENIX, AZ
Jan 23, 2025
Full-time
Full Job Description

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

USAA is seeking a talented Life Actuarial Solutions Analyst Senior to join the Life Company's Modeling Operations Team. This is a diverse team that supports the complex life actuarial modeling ecosystem, which consumes data from multiple sources across USAA to support actuarial functions.

As a Life Actuarial Solutions Analyst Senior, you will support Life/Annuity/Health actuarial work through one or more of the following activities: data extraction, data transformation, validation and analysis, and system functionality oversight and integration. Responsible for providing technical and analytical solutions for one or more of the following functions: pricing and product development, experience studies, actuarial assumption reviews, reserve calculations, financial reporting, asset liability management or competitive analysis.

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

What you'll do:

  • Independently extracts, integrates and transforms data from a multitude of sources, and may identify new sources.

  • Reconciles and validates data accuracy, and reasonability of actuarial or financial information.

  • Prepares reports, reserve estimates, journal entries, financial statements, industry surveys and/or special studies, analyzes data, and recommends solutions.

  • Develops comprehensive and innovative solutions that impact productivity to improve actuarial tools and processes.

  • Resolves unique and complex issues and navigates obstacles to deliver work product.

  • Develops cost benefit analysis.

  • Provides insight to management on issues and serves as a resource to team members on escalated issues of an unusual nature.

  • Leads projects related to actuarial solutions including automation, IT projects, or product development initiatives.

  • Oversees requirement development process through testing and implementation.

  • Demonstrates in depth understanding to identify and resolve issues or potential defects.

  • Maintains processes, procedures and tools, and ensures all regulatory requirements and internal controls are adhered to.

  • Works with business partners to understand key regulatory implications that impact processes and may develop processes to comply with new or changing regulations.

  • May respond to audit requests and oversees coordination of responses to internal and external audit, such as Department of Insurance examination, as well as other audit reports.

  • Anticipates and analyzes trends or deviations from forecast, plan or other projections.

  • Presents recommendations and communicates solutions to business partners and management in a clear, concise, logical and organized manner.

  • 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. (Total of 10 years of experience without bachelor's degree)

  • 6 or more years of technical experience as an analyst or other relevant technical work experience

What sets you apart:

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

  • Bachelor's degree in mathematics, computer science, statistics, economics, finance, actuarial science, or another similar quantitative field

  • Experience with SQL or similar programming languages.

  • Experience working in IT for a life insurance company.

  • Experience supporting projects for actuarial or modeling functions.

  • Excellent verbal and written communication skills, with the ability to tailor the content for varying audiences.

  • Strong aptitude for problem solving and technology.

  • Quick learner, self-starter, and ability to work well autonomously and with others.

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: $93,770 - $179,240.

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 and affirmative action employer and gives consideration for employment to qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, national origin, age, disability, genetic information, protected veteran status, or any other legally protected characteristic.

PDN-9e088e97-67dd-4fe8-a308-600e1957d773
Job Information
Job Category:
Insurance
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Life Actuarial Solutions Analyst Senior - Life Company
USAA
PHOENIX, AZ
Jan 23, 2025
Full-time
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