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

• Accountable for defining, developing, evaluating, and overseeing the implementation of pricing models and strategies designed to optimize revenue, market share, brand positioning, and long-term profits and value for members for assigned life, health, and annuity products.
• Collaborates with General Managers, Finance, Investment Management, Underwriting, and other key stakeholders to correctly position product portfolio and establish pricing programs aligned with product/sales strategy and revenue recognition requirements.
• Directs the analysis of pricing models and projections to ensure competitive pricing/market position.
• Oversees the implementation of pricing proposals for assigned products.
• Supports the development of reinsurance strategies to manage capital, mitigate risk, and/or improve pricing leverage; maintains reinsurance partnerships; and supports the negotiation of reinsurance transactions.
• Serves as a subject matter expert on counterparty risk assessment and risk mitigation.
• Builds and oversees a team of employees for assigned functional area through ongoing execution of recruiting, development, retention, coaching and support, performance management, and managerial activities.
• 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 in Actuarial Science, Mathematics, Statistics, Economics, Finance, or other quantitative field; OR 4 years of related experience (in addition to the minimum years of experience required) may be substituted in lieu of degree.

• 10 years of progressive actuarial experience in two or more life actuarial functions, to include developing strategies, managing major initiatives, and delivering results within a complex matrix environment.
• 4 years of people leadership experience in building, managing and/or developing high-performing teams.
• Knowledge of pricing tools, techniques, and methods; ability to assess analytical and pricing models using statistical principles.
• Knowledge of risk/compliance management framework and policies.
• Knowledge of applicable life, health, and annuity laws and regulations.
• Expert written and verbal communication skills.
• Fellow, Society of Actuaries and Member, American Academy of Actuaries required.

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.

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.

Long Term Incentive Plan: Cash payment for Executive level roles only, representing a cash payment which is both time and performance based.

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.