Life Actuarial Analyst TX
Location: San Antonio
Posted on: February 9, 2024
Lets 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 nations military, but we all
share in the mission to give back to those who did. Were working as
one to build a great experience and make a real impact for our
We believe in our core values of honesty, integrity, loyalty and
service. Theyre 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
As a dedicated Life Actuarial Analyst, you will coordinate,
prepare, and perform actuarial analyses required to develop new
products, project future results, reprice existing products, and/or
determine financial strength.
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 San
Antonio, TX. Relocation assistance is not available for this
What you'll do:
Performs routine work assignments utilizing actuarial modeling
software driven models for pricing, valuation, and/or risk
Responsible for data compilation and analytical support to include
entering data and tables, running models, and generating
Participates in developing recommendations for model adjustments
and improvements, when appropriate.
Resolves less complex issues independently, and identifies
appropriate issues for escalation.
Leveraging established processes, prepares reports, identifies and
resolves data and reporting problems .
Responsible for maintaining proper price level, price structure,
data availability, model, and other requirements to achieve
profitability and competitive goals.
Monitors critical experience areas and identifies unfavorable
Identifies sources of gain and loss by product and assumption.
Tests impact of assumptions and the appropriate premiums, interest
margins, reserves, and cash values for profitability and viability
of new and existing products.
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:
Bachelors degree; OR 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
What sets you apart:
Experience with Tableau, R, Python, or similar programming
Experience with a wide-range of life and annuity products.
Experience with data validation and trend analysis.
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: $65,090 -
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.
By applying, you consent to your information being processed by
SonicJobs and transmitted to the Employer.
Keywords: USAA, San Antonio , Life Actuarial Analyst TX, Professions , San Antonio, Texas
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