Life Actuary- Asset Liability Management Team

We are seeking a dedicated Life Actuary to join the Life Company's Asset Liability Management Team. This role coordinates, prepares, and performs actuarial analyses required to develop new products, project future results, reprice existing products, and/or determine financial strength. The position is remote eligible in the continental U.S. with occasional business travel. Individuals residing within a 60‑mile radius of a USAA office will be expected to work on‑site four days per week.

Relocation assistance is not available.

• Perform complex work assignments utilizing actuarial modeling software-driven models for pricing, valuation, and risk management.
• Review laws and regulations to ensure compliance, provide recommendations, and monitor industry communications for potential changes.
• Run models, generate reports, and present recommendations and detailed analysis of all model runs to actuarial leadership.
• Makes recommendations for model adjustments and improvements when appropriate.
• Shares knowledge with teammates, serves as a resource on escalated issues, and navigates obstacles to deliver work product.
• Leads or participates as a key resource on moderately complex projects through concept, planning, execution, and implementation phases with minimal guidance, involving cross-functional actuarial areas.
• Develops exhibits and reports that help explain proposals and findings and provides information in an understandable and usable format for stakeholders.
• Identifies and provides recommended solutions to business problems independently, often presenting recommendations 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, appropriate premiums, interest margins, reserves, and cash values for profitability and viability of new and existing products.
• Advises management on issues and serves as a primary resource for their individual team members on escalated issues.
• Ensures risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.

• Bachelor’s degree or 4 years of related experience (total of 8 years of experience without bachelor’s degree).
• One of the following:

• 4 years relevant actuarial or analytical experience and attainment of Fellow within the Society of Actuaries (FSA) with a bachelor’s degree.
• 8 years relevant actuarial experience and attainment of Associate within the Society of Actuaries (ASA) with a bachelor’s degree.
• 8 years relevant actuarial or analytical experience and attainment of Fellow within the Society of Actuaries (FSA) without a bachelor’s degree.
• 12 years relevant actuarial or analytical experience and attainment of Associate within the Society of Actuaries (ASA).

• Experience performing complex work assignments utilizing actuarial modeling software-driven models for pricing, valuation, and/or risk management.
• Demonstrated experience communicating complex actuarial analysis and recommendations to technical and non-technical audiences.

• US military experience through military service or a military spouse/domestic partner.
• FSA designation.
• Experience using Moody’s AXIS software.
• 2 or more years of experience with asset‑liability management or cash flow testing.
• Prior actuarial experience with life insurance and annuity products.
• Experience with fixed indexed annuities (FIA).

The salary range for this position is $127,310 – $236,250. Compensation is based on experience and market data for the role and may vary by location. Employees may be eligible for pay incentives based on overall corporate and individual performance at the discretion of the USAA Board of Directors. USAA does not provide visa sponsorship for this role.

Benefits include comprehensive medical, dental, and vision plans, a 401(k) with company match, a pension, life insurance, parental benefits, adoption assistance, paid time off with paid holidays, and volunteer hours, plus various wellness programs. Career path planning and continuing education assistance are also provided.

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.