Life Actuary Senior - Remote Work Flexibility (SAN ANTONIO)
WFA Digital Insight
The demand for skilled actuaries in the US has grown significantly, with a 25% increase in job postings over the past year. As a Life Actuary Senior at USAA, you'll be at the forefront of reinsurance program development, leveraging your technical expertise to drive business growth. With the remote work flexibility, you'll have the autonomy to work from anywhere in the continental US. Before applying, candidates should be aware that this role requires a deep understanding of actuarial modeling software and a strong background in reinsurance structures. USAA's commitment to the military community and its members' financial security sets it apart from other companies, making this a unique and rewarding career opportunity.
Job Description
About the Role
The Life Actuary Senior role at USAA is a critical position that requires advanced actuarial analyses and strategic insight into reinsurance programs. As a senior actuary, you will lead complex projects, provide technical expertise, and drive business growth through optimized reinsurance structures. You will be part of a team that values honesty, integrity, loyalty, and service, and is committed to empowering its members to achieve financial security.The role entails working closely with cross-functional teams, including actuarial, underwriting, and finance, to develop and implement reinsurance strategies that manage risk, enhance capital efficiency, and drive long-term profitability. You will also be responsible for staying up-to-date with industry developments, monitoring regulatory changes, and providing recommendations for process improvements.
What You Will Do
- Perform complex actuarial analyses using modeling software to inform reinsurance program development
- Lead project teams on complex assignments, from concept to implementation
- Develop and maintain relationships with internal stakeholders, including actuarial, underwriting, and finance teams
- Provide technical expertise and guidance to junior actuaries and other team members
- Stay current with industry developments, regulatory changes, and emerging trends in reinsurance
- Collaborate with external partners, including reinsurers, brokers, and consultants
- Develop and present reports and findings to senior leadership and other stakeholders
- Identify and mitigate risks associated with reinsurance programs
- Develop and implement process improvements to increase efficiency and effectiveness
- Provide subject matter expertise in one or more key areas, such as product pricing, reserving, or economic capital
- Lead the development of exhibits and reports to explain proposals and findings
- Present recommendations to senior leadership and other stakeholders
What We Are Looking For
- Bachelor's degree or equivalent experience
- 6 years of actuarial experience and attainment of Fellow within the Society of Actuaries
- 12 years of relevant actuarial experience and attainment of Associate within the Society of Actuaries
- Experience leading project teams on complex assignments
- Demonstrated experience preparing effective documentation, facilitating training and development, and presenting to various levels of management
- Strong knowledge of actuarial modeling software and reinsurance structures
- Experience with data analysis, reporting, and presentation
- Strong communication and interpersonal skills
- Ability to work in a fast-paced environment and prioritize multiple tasks
Nice to Have
- Experience with cloud-based technologies and data analytics tools
- Knowledge of emerging trends in reinsurance, such as artificial intelligence and machine learning
- Experience working in a remote or distributed team environment
- Certification in a related field, such as data science or business analytics
- Experience with agile project management methodologies
Benefits and Perks
- Competitive salary and bonus structure
- Comprehensive benefits package, including health, dental, and vision insurance
- 401(k) matching and retirement savings plan
- Paid time off and holidays
- Remote work flexibility, with occasional business travel
- Opportunities for professional development and career advancement
- Access to cutting-edge technologies and tools
- Collaborative and dynamic work environment
- Recognition and reward programs for outstanding performance
How to Stand Out
- Make sure to highlight your experience with actuarial modeling software and reinsurance structures in your application
- Prepare to discuss your experience leading project teams and collaborating with cross-functional teams
- Emphasize your ability to communicate complex technical information to non-technical stakeholders
- Be prepared to provide examples of process improvements you've developed and implemented in previous roles
- Research USAA's commitment to the military community and its members' financial security to demonstrate your understanding of the company's mission and values
- Consider obtaining certifications in related fields, such as data science or business analytics, to increase your competitiveness for the role
This is a remote position listed on WFA Digital, the platform for professionals who work from anywhere. Browse more remote jobs across all categories.