Actuary Lead in San Antonio, Texas

Actuary Lead

At USAA, our mission is to empower our members to achieve financial security through highly competitive products, exceptional service and trusted advice. We seek to be the #1 choice for the military community and their families. Embrace a fulfilling career at USAA, where our core values - honesty, integrity, loyalty and service - define how we treat each other and our members.

Be part of what truly makes us special and impactful. We are proud to support active-duty military spouses. USAA roles may offer remote or hybrid flexibility for active-duty military spouses consistent with applicable policy and business needs.

The Opportunity We are seeking a credentialed Actuary Lead to join the Climate Risk and Exposure Analytics team s role serves as the analytical and thought leader for USAA's Concentration of Risk framework, translating catastrophe risk, exposure concentration, growth trends, and capital impacts into actionable business strategies that balance member service, profitability, and association-level risk management. It requires proactive identification, quantification, and management of concentrations of risk through innovative analytics, effective business partnerships, and sound risk governance.

The ideal candidate combines catastrophe risk expertise, actuarial rigor, innovation, business partnership and communication, and executive influence to help ensure that growth occurs in a way that is sustainable, profitable, and aligned with USAA's risk appetite, while also keeping USAA's mission to be the provider of choice for the military community in focus throughout this work.

This role is remote eligible in the continental U.S. with occasional business travel. However, individuals residing within a 60-mile radius of a USAA office will be expected to work on-site four days per week 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:

• Apply deep and broad actuarial knowledge to identify, define, and design solutions to complex problems with ambiguous requirements.
• 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 by translating strategic objectives into tactical solutions.
• Maintain current knowledge of market trends and emerging risks and proactively develop strategies, policies, and processes to address them.
• Develop written communication and presentations that effectively 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.

Additional Core Responsibilities

• Own the Concentration of Risk (CoR) Framework
• Lead ongoing development, maintenance, and governance of the CoR framework.
• Evaluate and enhance concentration metrics, thresholds, mitigators, and risk indicators.
• Ensure framework remains aligned with association's catastrophe risk appetite, profitability objectives, and capital management strategy.

Drive Analytics & Innovation

• Develop new methods for identifying emerging geographic and peril-specific concentrations.
• Analyze optimal book-shaping trade-offs by understanding high risk drivers and working to balance "the member" vs. "the membership".
• Explore predictive applications that improve early warning detection and identification of hidden concentrations.
• Continuously challenge assumptions, model limitations, and existing methodologies in contributing to the ideal goal of roof-top determination of risk acceptability and projected rate health on request of a quote.
• Partner with catastrophe modeling and climate science teams to incorporate evolving views of risk.

Influence Business Decisions

• Present concentration risk findings to State Managers ("Go To Market") and relevant senior executives (including Pricing and Underwriting).
• Translate complex catastrophe analytics into actionable business recommendations.
• Quantify tradeoffs among growth, profitability, member service, and risk exposure, working to communicate this balance in ways that are compelling to multiple stakeholders and decision-makers.

Lead Cross-Functional Risk Mitigation

• Partner with Pricing, Underwriting, Competitive Intelligence, and Go-To-Market teams to evaluate mitigation options.
• Find ways to leverage analytics for the…