Life Actuary Senior

** Why USAA?*
* 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.

** The Opportunity*
* We are seeking a dedicated Life Actuary to join our diverse team. The ideal candidate will possess strong risk management skills and broader financial risk experience. This role requires an individual who has acquired their ASA designation or FSA designation and has a few years of meaningful experience. This role empowers the business to take informed risks by clearly articulating trade-offs, uncertainties, and mitigation strategies.

Key responsibilities involve connecting actuarial work directly to profitability, growth, and risk appetite, and delivering insights that drive strategic decisions. This ensures the company achieves its objectives safely by proactively managing risk, not just by avoiding potential losses.

Coordinates, prepares, and performs actuarial analyses required to develop new products, project future results, reprice existing products, and/or determine financial strength, while also mentoring junior members of the team in these key disciplines.

We offer a flexible work environment that requires an individual to be  
** in the office 4 days per week.
** This position can be based out of the San Antonio; TX, Plano; TX or Charlotte; NC office. Relocation assistance is  
** not
* * available for this position.

** What you'll do:*
* + Performs complex and often unique work assignments utilizing actuarial modeling software driven models for pricing, valuation, and/or risk management.

+ Reviews laws and regulations to ensure all processes are compliant and  provides recommendations for improvements.  Monitors industry communications regarding potential changes to existing laws and regulations.

+ Shares knowledge with team members and serves as a key resource to entire team, including leadership, on escalated issues and navigates obstacles to deliver work product.

+ Serves as a Subject Matter Expert in one or more key areas, such as Product Pricing, Reserving, Economic Capital, Modeling, Asset Liability Management, etc.

+ Leads a project team on complex assignments through concept, planning, execution, and implementation phases involving cross functional actuarial areas.

+ Develops exhibits and reports that help explain proposals/findings and provides information in an understandable and usable format for stakeholders.

+ Identifies and provides recommended solutions to business problems independently, often presenting recommendation to leadership.

+ Maintains proper price level, price structure, data availability and other requirements to achieve profitability and competitive goals.

+ Identifies critical assumptions to monitor and suggest timely remedies to correct or prevent unfavorable trends.

+ Tests impact of assumptions by identifying sources of gain and loss, the appropriate premiums, interest margins, reserves, and cash values for profitability and viability of new and existing products.

+ 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.

+ 6 years actuarial experience and attainment of Fellow within the Society of Actuaries; OR 12 years relevant actuarial  experience and attainment of Associate within the Society of Actuaries.

+ Subject Matter Expert in one or more key areas, such as Product Pricing, Reserving, Economic Capital, Modeling, Asset Liability Management, etc.

+ Experience leading a project team on complex assignments through concept, planning, execution, and implementation phases involving cross functional actuarial areas.

+ Demonstrated experience preparing effective documentation, facilitating training and development, and presenting to various levels of management.

** What sets you apart:*
* + Strong understanding of life insurance business models, including product design, pricing, underwriting, distribution, and in-force management

+ Demonstrated ability to translate actuarial analysis into business insights that inform financial and strategic decisions

+ Experience quantifying financial risks (e.g., mortality, lapse, interest rate, credit) and assessing their impact on earnings, capital, and liquidity

+ Experience working with regulatory and accounting frameworks (e.g., statutory, GAAP, offshore capital regimes a plus)

+ Proficiency with actuarial modeling tools and data analysis (e.g., AXIS, SQL, Python, R, or similar)

+ Track record of…