Associate Actuary (Claims Analytics)

Purpose of Job

We are currently seeking talented Associate Actuary for our Remote, San Antonio, TX, Chesapeake, VA, Addison, TX, Plano, TX, Phoenix, AZ, Colorado Springs, CO or Tampa, FL facility.

The USAA P&C Claims Analytics team is seeking an experienced Actuary Associate to deliver data-driven insights to enhance the efficiency and effectiveness of an industry-leading insurance claims operation. Analysts in this position use data to derive insights on claims performance, develop performance metrics for operations and processes, and conduct other ad-hoc analysis. Ideal candidates have a passion for exploring data, developing creative analyses to solve business problems, and strong experience with methods for retrieving, analyzing, and visualizing data. This is a highly visible position to leadership in claims, other business areas, and within the analytics community.

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 Requirements

  • Applies advanced 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. 4 additional years of related experience beyond the minimum required may be substituted in lieu of a Degree.
  • 6 or more years relevant business or analytical experience.
  • Attainment of Associate of the Casualty Actuarial Society.
  • Successful completion of a job-related assessment may be required.

*Qualifications may warrant placement in a different job level.*

When you apply for this position, you will be required to answer some initial questions. This will take approximately 5 minutes. Once you begin the questions you will not be able to finish them at a later time and you will not be able to change your responses.

Preferred

  • Experience with analysis of property and casualty personal lines insurance business performance such as underwriting, profit and loss, pricing and/or claims.
  • Strong experience writing complex ad-hoc queries on relational databases
  • Experience in or familiarity with P&C Personal Auto Claims
  • Experienced communicating analysis to non-technical audience and presenting to senior leadership
  • Experience applying statistical methods to solve business problems 
  • Working knowledge of R and Python

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 a flexible business casual or 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.

Relocation assistance is available for this position.

For Internal Candidates:

Must complete 12 months in current position (from date of hire or date of placement), or must have manager’s approval prior to posting.

Last day for internal candidates to apply to the opening is 11/05/18 by 11:59 pm CST time.