Actuarial Analyst - Entry Level (P&C)

USAA • San Antonio, NC

3d • Hybrid

About The Position

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 We are seeking dedicated Actuarial Analyst III's to join our Property and Casualty (P&C) Go-To-Market Pricing and Reserving Actuary team. These individuals will possess strong foundational analytical skills, a curious mindset, and a keen ability to think critically and solve complex problems, enabling them to independently manage and deliver on assigned projects. There are two seats currently available with this posting. This role is an entry level analyst position responsible for applying actuarial methodologies under direct supervision on structured projects. 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 one of the following locations: San Antonio, TX, Plano, TX, Phoenix, AZ, Colorado Springs, CO, Charlotte, NC, Chesapeake, VA or Tampa, FL . Relocation assistance is not available for this position.

Requirements

• 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.

Nice To Haves

• Demonstrable problem-solving, critical thinking, and analytical skills.
• Familiarity with data analytics tools (Ideally Python and/or SQL).
• Actuarial and/or data analytics related experience and/or internship.
• Multiple passed Actuarial exams.
• Knowledge of Property and Casualty (P&C) insurance products.
• US military experience through military service or a military spouse/domestic partner.

Responsibilities

• 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.

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.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level