Director, P&C Pricing and Reserving Actuary - Loss Reserving

Why USAA?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

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; Phoenix, AZ; Colorado Springs, CO or Tampa, FL.

Relocation assistance is available for this position.

The candidate for this position will be the leader of the Auto Loss Reserving Analysis team within the broader P&C Actuary & Analytics Loss Reserving team. They will direct the Loss Reserving actuaries and analysts, as well as partner with Claims, Pricing and the Business leaders in monthly and quarterly analysis of Ultimate loss estimates for our largest lines of business.

Plans, coordinates, directs, and staffs actuarial activities required to analyze and achieve target pricing levels. Develops new products or rating structures, actuarial information and application requirements while balancing market and financial goals.

What you’ll do:

• Coordinates the development of product line pricing assumptions and price structure while ensuring price level objectives are met.

• Advises the development of new products and implementation of process improvements.

• Provides short and long-term planning recommendations for unit objectives by developing and analyzing forecasts.

• Manages and is accountable for the work of assigned employees.

• Performs personnel management functions, including employee selection, team building, project/workload assignment, employee training, monitoring of work activity and performance evaluation.

• Ensures that product prices and designs are congruent with the company's product strategy and goals.

• Facilitates the development and implementation of products and projects.

• Monitors competitive market, industry trends, and professional research to maintain knowledge of current activities related to products, regulations, market conditions, and innovative alternatives to achieve financial and market goals.

• Represents USAA's interest at industry level committee meetings.

• Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.

What you have:

• Bachelor’s degree or 4 years of related experience (in addition to the minimum years of experience required) may be substituted in lieu of degree.

• 8 or more years proven experience.

• 3 or more years of direct team lead or management experience required.

• Five (5) exams of the Casualty Actuarial Society.

What sets you apart:

• Acquired the Associate of the Casualty Actuarial Society (ACAS) designation.

• Experienced people leader – evaluating, organizing, and maximizing talent.

• Skilled project leader – able to manage multiple priorities and direct work through others.

• Strong Actuarial technical skills, preferably in Reserving, but a strong/deep level of pricing experience in Auto preferred.

• Ability to work well w/ business partners and other team members is imperative.

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 salary range based on your experience and market data of the position. The actual salary for this role may vary by location. The salary range for this position is: $138,230 - $248,810.

Employees may be eligible for pay incentives based on overall corporate and individual performance and at the discretion of the USAA Board of Directors.

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, 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.