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Actuarial Analyst Intern

Job ID
R0102782
Date posted
08/21/2024

Why USAA?

Let’s 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 nation’s military, but we all share in the mission to give back to those who did. We’re working as one to build a great experience and make a real impact for our members.

We believe in our core values of honesty, integrity, loyalty and service. They’re 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

Our internship program lets you showcase your skills, while gaining real-life experience that’ll help you jump-start your career. Our interns deliver innovative solutions to real business challenges, while building enduring relationships in a collaborative culture with their manager and an assigned mentor.

This position is based in San Antonio, TX.

What you'll do:

Our Actuarial Analyst Interns work under direct supervision and follow risk and compliance procedures and guidance, perform routine work assignments and problem resolution to support other team members, including the following tasks:

  • Coordinates, prepares and performs actuarial analyses required to develop new products, project future results, reprice existing products, and/or determine financial strength.
  • Acquires and applies foundational knowledge of the business, its products, and processes.
  • Utilizes actuarial modeling software for pricing, valuation, and/or risk management.
  • Enters data and tables, runs models, and generates reports.

What you need to have:

To qualify, you must be pursuing a degree from an accredited college or university, and plan to graduate after the final day of the internship. Most of our interns participate the summer between their junior and senior years. Our 2025 internship will start on May 28, 2025 and last through August 8, 2025.

  • Graduation date cannot be prior to August 8, 2025
  • Actuarial, business, and/or analytical experience and accountability for simple to moderately complex tasks and/or projects required.
  • Foundational and conceptual knowledge of the function/subject area and demonstrated application of knowledge, skills and abilities towards work products required.
  • Foundational level of knowledge in the areas of the business operations, industry practices and emerging trends required.

What sets you apart:

  • Pursuing a degree with a concentration in Actuarial Science, Mathematics, Statistics, Computer Science, Economics, or Finance
  • Graduation date between August 2025 and July 2027
  • Sitting or have completed 1 or more actuarial exams
  • Foundational knowledge of SQL, VBA, SAS, R, and/or Python
  • Experience communicating/presenting technical topics to a broad audience
  • Demonstrated leadership ability through employment, extra-curricular activities, community service, or other involvement
  • Prior quantitative internship or related employment

USAA views its internship program as a pipeline to possible future employment. This is based on an individual’s graduation date, performance, role qualifications, and business need. To be considered for possible future employment opportunities interns must meet the full-time work eligibility requirements for any given role. Thus, interns should ensure their sponsorship status and other provided information is accurately reflected on their intern application. Inadequate completion of your application may render you ineligible for further consideration in the hiring process.

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 hourly range based on your experience and market data of the position. The actual hourly rate for this role may vary by location. The range for this position is: $23 - $25.

Interns will receive an intern stipend to assist with expenses.

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.

Interns may not be eligible for all benefits, 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.

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