Actuary Lead

Actuary Lead

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.
• 8 years of Actuarial or analytical business experience + Associate of the Casualty Actuarial Society (ACAS) Credential held for 3 years; OR 6 years of Actuarial or analytical business experience + Fellow of the Casualty Actuarial Society (FCAS) Credential.
• Demonstrated expertise 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 cross-functional audiences, including executive leadership.

Responsibilities

• Apply deep and broad actuarial knowledge to identify, define, and design solutions to complex problems with ambiguous requirements (e.g., end-to-end design of rate level indications process for a new product; independently shapes and transforms all aspects of machine learning and AI for a product: (data selection, model selection, stakeholder communications, performance monitoring, etc.); independently runs catastrophe models for advanced ad-hoc analyses; provides guidance and training to peers for running and validating the catastrophe models; enhances current methodologies to tailor catastrophe model results to better represent USAA’s risk; designs and performs broad and complex actuarial analyses that produces actionable insights for company-level decision-making designs reserving methodology and technical platform for new product.
• Utilize advanced actuarial, mathematical, or statistical techniques to augment actuarial work product, methodologies, and procedures.
• Lead special actuarial projects, such as the development of new pricing methodologies or reporting tools to impact LOB-level initiatives.
• Provide thought and/or technical expertise on complex topics and influences key stakeholders on business decisions.
• Lead cross-functional actuarial initiatives.
• Strategically partner with IT to influence the design, alignment, and implementation of technical business standards.
• Manage USAA vendor relationship(s).
• Assist the business unit with translating strategic objectives into tactical solutions.
• Maintain current knowledge of market trends and emerging risks and proactively develops strategies, policies, and processes to address them.
• Develop written communication and presentations that effectively to convey data-driven solutions to broad audiences including cross-functional executive leadership.
• Ensure risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.

Preferred Qualifications

• Property pricing experience
• Rate filing experience in a variety of regulatory environments
• Experience in using a variety of pricing methodologies and models
• Experience leading teams through effective communication, learning, and mentorship
• A passion for creative and innovative actuarial work and developing that mindset in less experienced analysts through projects related to this work
• Experience working on multiple projects, managing competing priorities, and prioritizing workflow through strong partnerships with multiple business partners.
• Expert problem-solving, critical thinking, and analytic skills
• Ability to improve existing processes and create new, repeatable workflows to enhance team productivity
• US military experience through military service or a military spouse/domestic partner