As a Lead Actuary on the Small Business Insurance team at USAA, you will play a pivotal role in strengthening actuarial and analytical capabilities. You will provide essential pricing support by developing new rating structures, conducting rate indications, and collaborating closely with underwriting and product teams to deliver key insights that drive business growth. This is an exciting opportunity to make a significant impact on a new business and contribute diverse actuarial expertise across key initiatives. This dedicated credentialed Lead Actuary will leverage expert, broad actuarial knowledge in at least one actuarial practice area (pricing, reserving, modeling, catastrophe risk, claims analytics, product management, etc.) to identify, define, and design solutions for complex, thought-provoking problems that drive business results at the LOB level. This position can work remotely in the continental U.S. with occasional business travel. What you'll do: Apply deep and broad actuarial knowledge to identify, define, and design solutions to complex problems with ambiguous requirements (e.g., end-to-end design of rate level indications process for a new product; independently shapes and transforms all aspects of machine learning and AI for a product: (data selection, model selection, stakeholder communications, performance monitoring, etc.); independently runs catastrophe models for advanced ad-hoc analyses; provides guidance and training to peers for running and validating the catastrophe models; enhances current methodologies to tailor catastrophe model results to better represent USAA’s risk; designs and performs broad and complex actuarial analyses that produces actionable insights for company-level decision-making designs reserving methodology and technical platform for new product. 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 with translating strategic objectives into tactical solutions. Maintain current knowledge of market trends and emerging risks and proactively develops strategies, policies, and processes to address them. Develop written communication and presentations that effectively to 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.
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