Actuary jobs in Colorado Springs, CO

The Opportunity

We are seeking a dedicated Associate Actuary. This position can work remotely in the continental U.S. with occasional business travel. This position can also be based in one of the following locations: San Antonio, TX; Plano, TX; Phoenix, AZ; Colorado Springs, CO, Charlotte, NC, Chesapeake, VA or Tampa, FL. Relocation assistance is not available for this position.

This Associate Actuary will be part of the P&C Pricing team focused on Modernization and will be responsible for coordinating, preparing and performing advanced actuarial analyses required to develop new products, projecting future results, repricing existing products, and/or determining financial strength. This role will be covering our Forecasting workstream.

What you'll do:

• Establish appropriate statistical plans, analytical tools, and requirements for analyzing the experience of various products classification systems, rating plans, reserves, and catastrophes.
• Assist in setting pricing objectives by making forecasts and projections and developing strategies to support the company mission and goals in the areas of product development, pricing, catastrophe management, reinsurance, or reserving.
• Utilize actuarial modeling software driven models for pricing, valuation, and/or risk management to develop new products, project future results, reprice existing products, and/or determine financial strength. May make adjustments and improvements to models, when appropriate.
• Monitor competitive market, industry trends, and professional research to maintain knowledge of current activities related to products, regulation, market conditions, and innovative alternatives to achieve financial and market goals.
• Creatively approach problems and issues from a wide range of perspectives to determine innovative techniques.
• Champion and implement innovative solutions to business initiatives. Responsible for training team members on change/improvement.
• Exhibit advanced knowledge of actuarial and business concepts provide innovative solutions and creatively solve business problems.
• Represent USAA's interest at industry level committee meetings. Provides data to other departments, useful for their management purposes, from actuarial data systems.
• 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 Actuarial/business/analytical experience (in addition to the minimum years of experience required for a total of 8 years) may be substituted in lieu of degree.
• 4 years Actuarial/business/analytical experience Associate of the Casualty Actuarial Society (ACAS).
• Experience in developing Innovative Actuarial Analyses/Processes.
• Experience in metric development/monitoring.
• Strong communication/presentation skills.

What sets you apart:

• Experience of new product personal lines pricing.
• Strong Actuarial pricing expertise with experience in using a variety of pricing methodologies and models.
• 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 multiple business partners.
• Working knowledge of data analytic tools and Python/R/SQL or other language.
• Demonstrable problem-solving, critical thinking, and analytical skills.
• US military experience through military service or a military spouse/domestic partner

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.

What we offer:

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. The salary range for this position is: $115,240 - $220,270.

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

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, please visit our benefits page on

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.

About the Company:
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