Business Analyst
About the role
This position will be part of our Property Pricing State Team handling forecasting analytics. This role will require an experienced analyst to independently apply actuarial methods for accurate pricing and process improvement, mentor colleagues, provide strategic insights, and manage business risks in compliance with internal risk management policies. Experienced analyst responsible for independently applying actuarial methodologies to complete structured projects and serves as a technical subject matter expert on assigned tasks.
Responsibilities
- Independently applies actuarial methodologies to complete structured projects (e.g., builds tools to test and implement new methodologies that improve accuracy of actuarial analysis; utilizes model results to select new variables and refresh existing variables in a rating algorithm; analyzes results from multiple methodologies to propose reserve selections and documenting rationale)
- Identifies and improves existing processes utilizing actuarial, mathematical, or statistical techniques
- Proactively resolves technical issues and identifies appropriate issues for escalation
- Assists others with troubleshooting issues
- Creates instructions and training materials for actuarial tools and processes
- Mentors new team members
- Apply business acumen to provide actionable insights that help solve business problems
- Effectively communicates insights and solutions to broad audiences including actuarial and non-actuarial stakeholders
- Ensure risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures
Qualifications
- Bachelor's degree OR 4 years of related actuarial/business/analytical experience (in addition to the minimum years of experience required) may be substituted in lieu of degree
- 2 years of actuarial or analytical business experience
- 3 Casualty Actuarial Society (CAS) exams
- Experience with relevant actuarial, mathematical, and statistical techniques and approaches used to support fact-based decision-making
- Intermediate knowledge of data analysis tools, data visualization, developing analysis queries and procedures in Python, R, SQL, SAS, BI tools or other analysis software, and relevant industry data & methods and ability to connect technical insights to business problems
Preferred skills
- Experienced pricing forecaster with a background in trend analysis, claims analytics, and reserving
- Familiarity with Excel and at least one programming language or modeling software package (Python, SQL, R, SAS, etc.)
- Demonstrated experience with basic actuarial pricing methodologies
- Demonstrated experience aggregating and analyzing data to solve problems
- Ability to effectively communicate insights and solutions to broad audiences including actuarial and non-actuarial stakeholders
- P&C Personal Lines pricing experience
- Familiarity and experience with industry pricing software such as Earnix
- US military experience through military service or a military spouse/domestic partner
Pay
The salary range for this position is $77,120 - $138,810. The actual salary may vary by location and is based on experience and market data of the position. Employees may be eligible for pay incentives based on overall corporate and individual performance and at the discretion of the USAA Board of Directors.
Schedule
We offer a flexible work environment that requires an individual to be in the office 4 days per week. Relocation assistance is available for this position.
Benefits
- Comprehensive medical, dental and vision plans
- 401(k), pension, and life insurance
- Parental benefits and adoption assistance
- Paid time off program with paid holidays plus 16 paid volunteer hours
- Various wellness programs
- Career path planning and continuing education assistance