USAA is looking for a Life Actuary Senior to lead advanced actuarial analyses and provide strategic insight into reinsurance programs across our Life and Annuity product portfolios. This role combines deep technical expertise with strategic influence, supporting the optimization of reinsurance structures that manage risk, enhance capital efficiency, and drive long-term profitability.

What You'll Do

Perform complex and often unique work assignments utilizing actuarial modeling software driven models for pricing, valuation, and/or risk management.
Review laws and regulations to ensure all processes are compliant and provides recommendations for improvements.
Share knowledge with team members and serves as a key resource to entire team, including leadership, on escalated issues.
Serve as a Subject Matter Expert in one or more key areas, such as Product Pricing, Reserving, Economic Capital, Modeling, or Asset Liability Management.
Lead a project team on complex assignments through concept, planning, execution, and implementation phases involving cross functional actuarial areas.
Develop exhibits and reports that help explain proposals/findings and provides information in an understandable and usable format for stakeholders.
Identify and provides recommended solutions to business problems independently, often presenting recommendation to leadership.
Maintain proper price level, price structure, data availability and other requirements to achieve profitability and competitive goals.
Identify critical assumptions to monitor and suggest timely remedies to correct or prevent unfavorable trends.
Test impact of assumptions by identifying sources of gain and loss, the appropriate premiums, interest margins, reserves, and cash values for profitability and viability of new and existing products.
Ensure risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.

What We're Looking For

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.
6 years actuarial experience and attainment of Fellow within the Society of Actuaries; OR 12 years relevant actuarial experience and attainment of Associate within the Society of Actuaries.
Subject Matter Expert in one or more key areas, such as Product Pricing, Reserving, Economic Capital, Modeling, Asset Liability Management, etc.
Experience leading a project team on complex assignments through concept, planning, execution, and implementation phases involving cross functional actuarial areas.
Demonstrated experience preparing effective documentation, facilitating training and development, and presenting to various levels of management.

Nice to Have

Detailed knowledge of various types of reinsurance transactions both onshore and offshore spanning both block and new business flow transactions.
Experience evaluating the financial, capital, and risk implications of various reinsurance structures, including quota share, YRT, and coinsurance arrangements.
Experience designing and implementing models to assess the impact of reinsurance under multiple economic and regulatory scenarios.
Experience collaborating with Finance, Risk, Product Development, and Reinsurance Operations teams to integrate reinsurance insights into pricing, financial planning, and business strategy.
Experience with preparing and communicating analyses and recommendations to senior management and external partners, including reinsurers and consultants.
Experience supporting treaty negotiations and term assessment through data-driven modeling and sensitivity analysis.
US military experience through military service or a military spouse/domestic partner.

Benefits & Compensation

Compensation range: $143,320 - $265,950
Comprehensive medical, dental and vision plans
401(k) and pension
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

Work Mode

This role operates on a hybrid work model and is open to candidates located anywhere in the continental U.S.

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.