About the Role
Title: Director, P&C Pricing Actuary (Property Pricing)
Locations: San Antonio, Texas; Charlotte, North Carolina; Chesapeake, Virginia; Colorado Springs, Colorado; Phoenix, Arizona; Plano, Texas; Tampa, Florida
Job Description:
Why USAA?
Let’s do something that really matters.
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 Opportunity
As a dedicated Director, P&C Pricing Actuary, you will be leading a Property Pricing team focused on countrywide indications and leading, planning, and forecasting activities for homeowners pricing, including analytics related to premium and loss trends. You may also be involved in planning, organizing, directing, and staffing actuarial activities required to analyze and achieve target pricing levels. This leader may also develop new products or rating structures, actuarial information and application requirements while balancing market and financial goals.
This position can work remotely in the continental U.S. with occasional business travel.
The Opportunity
What you’ll do:
- Oversee the development of product line pricing assumptions and price structure while ensuring price level objectives are met.
- Direct the development of new products and implementation of process improvements.
- Provide short and long-term planning recommendations for unit objectives by developing and analyzing forecasts.
- Manage and is accountable for the work of assigned employees.
- Perform personnel management functions, including employee selection, team building, project/workload assignment, employee training, monitoring of work activity and performance evaluation.
- Ensure that product prices and designs are congruent with the company’s product strategy and goals.
- Facilitate the development and implementation of products and projects.
- Monitor 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.
- Represent USAA’s interest at industry level committee meetings.
- Ensure 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 relevant 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:
- Experience leading teams through effective collaboration, communication, learning, and mentorship
- A passion for leading through the development and execution of creative, innovative actuarial work
- Strong experience translating detailed analytics into manageable visualizations and communicating/presenting the results concisely to executive leadership
- Experience working on multiple projects, managing competing priorities, and prioritizing workflow through strong partnerships with business partners
- Working knowledge of data analytic tools and Python/R/SQL or other language and a high level of ability to direct others in their use of these tools
- Expert problem-solving, critical thinking, and analytic skills
- Expert understanding of Personal Lines pricing, with experience using a variety of methodologies, tools, and models
- Associate of the Casualty Actuarial Society designation obtained
- Experience with planning and forecasting and communicating findings and results with senior leadership teams.
- US military experience through military service or a military spouse/domestic partner