Life Actuary Associate – Life Actuarial Modeling Team
Company: USAA
Location: Colorado Springs
Posted on: February 23, 2026
|
|
|
Job Description:
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. The Opportunity
Dedicated Life Actuary Associate to join the Life Company’s
Actuarial Modeling Team. This role coordinates, prepares, and
performs actuarial analyses required to develop new products,
project future results, reprice existing products, and/or determine
financial strength. 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. Relocation assistance is not available
for this position. What you'll do: Performs moderately complex to
complex work assignments utilizing actuarial modeling software
driven models for pricing, valuation, and/or risk management.
Responsible for data compilation, analytical support, and data
integrity to include entering data and tables, running models, and
generating reports. Participates in developing recommendations for
model adjustments and improvements, when appropriate. Identifies
and resolves issues pertaining to model projections and data
analysis. Navigates obstacles that arise to deliver the work
product. Serves as a resource to team members on escalated issues
of a routine to moderately complex nature. Serves as a key resource
on projects involving cross functional actuarial areas. Leads
smaller projects through concept, planning, execution, and
implementation phases with minimal guidance (i.e. leading annual
assumption/ model updates.) Produces charts, tables, and reports to
explain calculations and proposals. Maintains and develops
procedures supporting key processes, including but not limited to:
actuarial models, tools leveraged in complying with laws and
regulations, reports, etc. Maintains proper price level, price
structure, data availability and other requirements to achieve
profitability and competitive goals. Identifies critical
assumptions to monitor and suggest timely remedies to correct or
prevent unfavorable trends. Identifies sources of gain and loss by
product and assumption with presentations to direct supervisor.
Tests impact of assumptions and the appropriate premiums, interest
margins, reserves, and cash values for profitability and viability
of new and existing products. Ensures 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 experience (in addition to the minimum years of
experience required) may be substituted in lieu of degree. (Total
of 6 years of experience without bachelor’s degree) 2 years
relevant actuarial, business or analytical experience. Attainment
of Society of Actuaries Associateship OR completed all requirements
for attainment of their ASA except for attending the Associateship
Professionalism Course (APC). Experience in developing and
delivering Innovative Actuarial Analyses/Processes leveraging
programs such as Microsoft Excel, SAS, or other data analysis
applications. Experience leveraging actuarial projections to gain
insights and recommendations to address business challenges. What
sets you apart: US military experience through military service or
a military spouse/domestic partner ASA (Fellow of the Society of
Actuaries) designation Experience using Moody’s AXIS software Prior
Actuarial experience with Life Insurance Annuity Products Fixed
Index Annuity Experience Reinsurance Experience Understanding of
LDTI and Statutory Reserving Compensation range: The salary range
for this position is: $93,770 - $179,240 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.
Keywords: USAA, Lakewood , Life Actuary Associate – Life Actuarial Modeling Team, IT / Software / Systems , Colorado Springs, Colorado
