Director, Life Actuary – Life Company Valuation

Company: USAA
Location: Colorado Springs
Posted on: February 2, 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 USAA is seeking a seasoned Life and Annuity Actuary for an opportunity as the Director, Life Actuary leading the Life or Annuity Reserving, Forecasting, and Regulatory Reporting team. The individual should have valuation and forecasting experience using Moody's AXIS to calculate and forecast both US STAT and US GAAP (LDTI) reserves. They will be leading a team of 5 - 10 individuals and will be communicating results directly to senior leadership. This leader is responsible to plan, organize, direct, and control actuarial activities required for a specific actuarial function. Manages and provides technical guidance to a team responsible for conducting actuarial studies and activities. Develops employees through regular coaching and feedback that leads to improved results. Executes process improvements and leads organizational process changes to promote efficient and effective operations. Ensures compliance with policies, procedures, and regulatory requirements. 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 4 days per week. Relocation assistance is not available for this position. What you'll do: Oversee and analyzes existing workflow and processes by organizing and integrating resources and systems. Implements and monitors processes and performance standards and proactively identifies opportunities to promote continuous efficient and effective operations. Provides team oversight on efforts to coordinate, prepare, and perform actuarial analyses in the development of rates, pricing strategies, financial models, or financial forecasts. Provides guidance and supports actuarial modeling software driven models and maintains understanding of current systems impacting employees and business operations. Analyzes process efficiency and recommends model adjustments and improvements, when appropriate. Analyzes model input parameters and recommends adjustments. Ensures compliance with policies, procedures, and state and federal regulations. Reviews competitive analyses and actuarial regulatory correspondence and filings for accuracy. Ensures work products comply with the guidelines of the American Academy of Actuaries and Actuarial Standards of Practice. Analyzes industry trends and provides recommendations regarding changes related to relevant products, premiums, FIT and regulations. 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. 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 12 years of experience without bachelor’s degree) 8 years of progressive actuarial related experience. 3 years of direct team lead or management experience. Fellow of the Society of Actuaries OR completed all requirements to obtain Fellowship except for the Fellowship Modules and or the Fellowship Admissions Course (FAC). Knowledge of applicable policies, procedures, and state and federal regulations. Knowledge of guidelines of the American Academy of Actuaries and Actuarial Standards of Practice. Demonstrated holistic understanding of the business operations and analytics with ability to communicate clearly to influence business strategies and solutions with key stakeholders. Experience conceptualizing innovative approaches to actuarial studies and financial models and driving innovation to team members. What sets you apart: US military experience through military service or a military spouse/domestic partner 2 years of experience with indexed annuities including living benefits 5 or more years of valuation and forecasting experience using Moody's AXIS Direct leadership experience managing a team In depth knowledge of VM-22 (1 year) In depth knowledge of VM-31 (2 years) 2 years of Affiliated and non-affiliated reinsurance experience (flow and closed block) 1 year of deposit accounting experience Advanced degree (MS/PhD) Compensation range: The salary range for this position is: $164,780 - $314,960 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, Longmont , Director, Life Actuary – Life Company Valuation, Executive , Colorado Springs, Colorado