| Job Description | Job Reference Number: 19082
As a Fortune 200 financial services organization, USAA is on a mission - to facilitate the financial security of our members, the men and women of the U.S. military and their families worldwide by providing a full range of financial services and products. Headquartered on a showcase campus in San Antonio, TX, USAA attributes its long-standing success to its most valuable resource, our 26,000 employees. They are the heart and soul of our member-service culture.
Recently Ranked #17 in Fortune's 100 Best Companies to Work For in 2014 and marking our fifth straight year in the list's Top 50, we are proud to receive consistently outstanding awards and ratings for member service, employee well-being and financial strength. Everything that happens at USAA is based on our core values: Service, Loyalty, Honesty, and Integrity. These are the foundations of how we do business with our members, as well as how we treat each other.
PURPOSE OF JOB
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.
JOB DUTIES
Acquires and applies broad 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 Requirements
Bachelor's degree (or equivalent work experience).
4+ years relevant business or analytical experience.
2+ years actuarial experience.
Intermediate knowledge of actuarial technique and procedures.
Intermediate knowledge of data analysis tools.
Intermediate knowledge of industry data sources.
Attainment of Society of Actuaries Associateship OR 5+ exams with attainment of ASA within specified timeframe.
Successful completion of an analyst assessment may be required.
Preferred
Experience with Prophet modeling software.
Experience pricing life insurance products.
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.
At USAA our employees enjoy one of the best benefits packages in the business, including business 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.
USAA also offers a variety of on-site services and conveniences to help you manage your work and personal life, including seven cafeterias, two company stores and three fitness centers.
Relocation assistance is available for this position.
Qualified applicants must successfully complete a pre-employment background and drug screen. |
| | Company | | USAA | Job Code | | State or Province | | Texas | | |
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