Actuary

USAA•Chesapeake, VA

3d•$127,310 - $229,160•Hybrid

About The Position

USAA is seeking a credentialed actuary to join their Property Loss Reserving and Reserving Development team. This Actuary will leverage advanced knowledge of Loss Reserving techniques and Claims Analytics insights to explain drivers of loss trends. This role is remote eligible in the continental U.S. with occasional business travel. However, individuals residing within a 60-mile radius of a USAA office will be expected to work on-site four days per week.

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.
4 years of Actuarial or analytical business experience.
Associate of the Casualty Actuarial Society (ACAS) Credential.
Demonstrated advanced skills with relevant actuarial, mathematical, and statistical techniques and approaches used to support fact-based decision-making.
Advanced knowledge of data analysis tools, data visualization, developing analysis queries and procedures in Python, R, SQL, SAS, BI tools or other analysis software, and relevant industry data & methods and ability to connect external insights to business problems.
Demonstrated experience communicating complex solutions and analysis to both technical and nontechnical audiences, including executive leadership.

Nice To Haves

Experience performing Loss Reserve analysis and working in Loss Reserving software (i.e. ResQ, Arius etc.).
US military experience through military service or a military spouse/domestic partner

Responsibilities

Applies advanced actuarial knowledge to complete broad and complex projects (e.g., evaluates and selects methodology to price new discount/endorsement for countrywide rollout; develops alternative methodologies to comply with complex regulatory requirements; selects metrics and designs processes to monitor model performance; translates business problems into technical requirements and performs required analysis to develop solutions; independently runs catastrophe models and interprets and communicates results to support critical business activities, while enhancing the control environment as needed.
Utilizes advanced actuarial, mathematical, or statistical techniques to augment actuarial work product.
Leads special actuarial projects, such as the development of new methodologies or reporting tools.
Trains new team members on the theory and mechanics of relevant actuarial methodologies.
Applies deep understanding of products supported, stakeholders’ needs, and industry trends to solve unstructured business problems.
Identifies and anticipates compliance gaps and process improvements; recommends and develops solutions to mitigate risk.
Represents Actuary in cross-functional efforts.
Develops written communication and presentations that effectively convey data-driven solutions to broad audiences, including cross-functional executive leadership.
Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.