Director, P&C Pricing and Reserving Actuary - Loss Reserving
Company: USAA
Location: Phoenix
Posted on: April 16, 2024
Job Description:
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 OpportunityWe 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.
Keywords: USAA, Buckeye , Director, P&C Pricing and Reserving Actuary - Loss Reserving, Accounting, Auditing , Phoenix, Arizona
Didn't find what you're looking for? Search again!
Loading more jobs...