Director, P&C Pricing and Reserving Actuary

Posted 9 Days Ago
Be an Early Applicant
San Antonio, TX, USA
In-Office
165K-315K Annually
Senior level
Insurance
The Role
Leads regional actuaries and analysts in developing and executing property and casualty pricing, reserving, product, and rating strategies. Partners with state product directors on profitability and growth objectives, oversees actuarial analysis, launches products, improves processes, manages personnel, monitors market and regulatory trends, and ensures pricing risks comply with company policies.
Summary Generated by Built In

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.

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

As a dedicated Director, P&C Pricing and Reserving Actuary, Go-to-Market Pricing, you will lead and empower a team of regional actuaries and analysts.  This role partners closely with state product directors to achieve state profit and growth objectives, acting as a key thought partner in driving strategic decisions.  A core responsibility will be to develop and execute comprehensive product and pricing strategies across all lines of business for assigned states. You will plan, organize, direct, and staff actuarial activities required to analyze and achieve target pricing levels, while bringing new products and rating structures to market.

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.

What you'll do:

  • Lead and empower your team to develop product line pricing assumptions and price structure ensuring piece 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 relevant education and/or experience.
  • 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:

  • Proven ability to influence enterprise strategy and senior leadership on pricing and profitability matters, acting as a trusted thought partner.
  • Actuarial pricing experience leading analysis over state specific pricing efforts across multiple lines of business (Personal Lines preferred)
  • Demonstrated success implementing process improvements that measurably enhanced team efficiency or output quality
  • Credentialed Casualty Actuary; FCAS preferred
  • US military experience gained through military service or gained as a military spouse / domestic partner

Compensation range: The salary range for this position is: $164,780 - $314,960.

USAA does not provide visa sponsorship for this role. Please do not apply for this role if at any time (now or in the future) you will need immigration support (i.e., H-1B, TN, STEM OPT Training Plans, etc.).

Compensation: USAA has an effective process for assessing market data and establishing ranges to ensure we remain competitive. You are paid within the salary range based on your experience and market data of the position. The actual salary for this role may vary by location.

 

Employees may be eligible for pay incentives based on overall corporate and individual performance and at the discretion of the USAA Board of Directors.

The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.

 

Benefits: At USAA our employees enjoy best-in-class benefits to support their physical, financial, and emotional wellness. These benefits include comprehensive medical, dental and vision plans, 401(k), pension, life insurance, parental benefits, adoption assistance, paid time off program with paid holidays plus 16 paid volunteer hours, and various wellness programs. Additionally, our career path planning and continuing education assists employees with their professional goals.

 

For more details on our outstanding benefits, visit our benefits page on USAAjobs.com.

Applications for this position are accepted on an ongoing basis, this posting will remain open until the position is filled. Thus, interested candidates are encouraged to apply the same day they view this posting.

 

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.

Skills Required

  • Bachelor's degree or four years of relevant education and/or experience
  • Eight or more years of relevant experience
  • Three or more years of direct team leadership or management experience
  • Five Casualty Actuarial Society exams
  • Experience with actuarial pricing and state-specific pricing across multiple lines of business
  • Credentialed Casualty Actuary; FCAS preferred
  • Ability to influence enterprise strategy and senior leadership on pricing and profitability
  • Experience implementing measurable process improvements

USAA Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about USAA and has not been reviewed or approved by USAA.

  • Retirement Support Robust retirement programs include a rich 401(k) employer match alongside a company-funded pension, reinforcing long-term financial security. These elements are often singled out as standout features of the total rewards package.
  • Healthcare Strength Comprehensive medical, dental, vision, behavioral health, and telehealth coverage is paired with wellness incentives and onsite or reimbursed fitness resources. These offerings are perceived as meaningfully enhancing overall compensation value.
  • Parental & Family Support Fully paid parental leave, adoption assistance, and childcare reimbursement reflect substantial support for families. These benefits are widely regarded as valuable contributors to the employment proposition.

USAA Insights

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The Company
HQ: San Antonio, TX
35,000 Employees

What We Do

At USAA, our mission is more than just words – it’s the reason we do what we do. Our goal is to be the military community’s provider of choice for insurance, banking, financial products and advice. Take a look back at our history and you’ll see a strong track record of providing members with the highest level of care and support. And we’re proud to continue helping them achieve better financial futures. It’s that kind of dedication that’s helped us grow to more than 35,000 employees. Share our passion for serving those who serve? Whether you’re connected to the military or not, we’re always looking for talented individuals to join our team.

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