Director, P&C Pricing Actuary at USAA

Posted in Insurance about 6 hours ago.

Type: Full Time
Location: Phoenix, Arizona





Job Description:

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

This director role will lead a pricing actuarial team focusing on developing and implementing innovative pricing strategies. This role requires collaboration across departments to optimize pricing and business goals. This leader may also have the following responsibilities to include: plan, organize, direct, and staff actuarial activities required to analyze and achieve target pricing levels. Develop new products or rating structures, actuarial information and application requirements while balancing market and financial goals.

Roles available for both the Auto Pricing and Specialty Pricing teams.

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, Plano, TX, Phoenix, AZ, Colorado Springs, CO, Charlotte, NC, or Tampa, FL. Relocation assistance is not available for this position.

What you'll do:


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

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

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

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

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

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

  • Facilitate the development and implementation of products and projects.

  • Monitor 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.

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

  • Ensure 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 relevant 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:


  • Associate or Fellow of the Casualty Actuarial Society

  • Experience leading teams through effective collaboration, communication, learning, and mentorship

  • A passion for leading through the development and execution of creative, innovative actuarial work

  • Strong experience translating detailed analytics into manageable visualizations and communicating/presenting the results concisely to executive leadership

  • Experience working on multiple projects, managing competing priorities, and prioritizing workflow through strong partnerships with business partners

  • Working knowledge of data analytic tools and Python/R/SQL or other language and a high level of ability to direct others in their use of these tools

  • Expert problem-solving, critical thinking, and analytic skills

  • Expert understanding of Personal Lines pricing, with experience using a variety of methodologies, tools, and models

  • US military experience through military service or a military spouse/domestic partner

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 - $264,200.

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 and affirmative action employer and gives consideration for employment to qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, national origin, age, disability, genetic information, protected veteran status, or any other legally protected characteristic.

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