Life Actuarial Analyst - Life Company

Posted 2 Days Ago
Be an Early Applicant
San Antonio, TX
70K-134K Annually
Junior
Insurance
The Role
As a Life Actuarial Analyst at USAA, you will perform actuarial analyses on life, health, and annuity liabilities, develop financial forecasts, analyze data, and support model adjustments. The role emphasizes collaboration with actuarial and non-actuarial teams to optimize business processes and address data-related challenges.
Summary Generated by Built In

Why USAA?

At USAA, our mission is to empower our members to achieve financial security through highly competitive products, exceptional service and trusted advice. We seek to be the #1 choice for the military community and their families.

Embrace a fulfilling career at USAA, where our core values – honesty, integrity, loyalty and service – define how we treat each other and our members. Be part of what truly makes us special and impactful.

The Opportunity

As a dedicated Life Actuarial Analyst, you will coordinate, prepare, and perform actuarial analyses required to value life, health, and annuity liabilities on US GAAP and statutory bases, and to develop financial forecasts to support corporate planning. You will join a team of actuaries, students, and analysts sitting in the CFO organization, and will have the chance to collaborate across a wide range of actuarial and non-actuarial teams.

This position can work remotely in the continental U.S. with occasional business travel. Relocation is not available.

What you'll do:

  • Perform routine work assignments utilizing actuarial modeling software driven models for valuation and financial forecasting

  • Responsible for data compilation and analytical support to include entering data and tables, running models, and generating reports

  • Participate in developing recommendations for model adjustments and improvements, when appropriate

  • Resolve less complex issues independently, and identify appropriate issues for escalation

  • Leverage established processes, prepare reports, identify and resolve data and reporting problems

  • Identify opportunities for process improvements

  • Monitor critical experience areas and identify unfavorable trends

  • Ensure 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; 4 years of related experience (in addition to the minimum years of experience required) may be substituted in lieu of degree

  • Up to 2 years of relevant business or analytical experience

  • 2 Society of Actuaries exams completed

  • Understanding and experience applying data analysis and actuarial techniques

What sets you apart:

  • Advanced degree in math, physics, actuarial science, or other technical field

  • Programming experience for data-intensive applications in SQL, Python, R, or other relevant languages

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

Compensation range: The salary range for this position is: $69,920.00 - $133,620.00.

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.

 

Employees may be eligible for pay incentives based on overall corporate and individual performance and at the discretion of the USAA Board of Directors.

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.

 

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, 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.

Top Skills

Python
R
SQL
The Company
Austin, TX
35,000 Employees
On-site Workplace

What We Do

At USAA, our mission is more than just words – it’s the reason we do what we do. Our goal is to be the military community’s provider of choice for insurance, banking, financial products and advice.

Take a look back at our history and you’ll see a strong track record of providing members with the highest level of care and support. And we’re proud to continue helping them achieve better financial futures.

It’s that kind of dedication that’s helped us grow to more than 35,000 employees. Share our passion for serving those who serve? Whether you’re connected to the military or not, we’re always looking for talented individuals to join our team.

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