Responsible for providing insight and analysis to enable USAA to proactively manage catastrophe exposures in a changing climate. Executive thought leader driving the vision and forward-looking action regarding climate change and its impact on members, the association, and reinsurance/capital markets. Partners with key stakeholders in Product Lines and Underwriting to enable exposure management solutions. Continuously strengthens and leverages data and analytics tools/team in support of catastrophe exposure management strategies.
What you'll do:Accountable for the P&C Climate Risk and Exposure program in partnership with P&C Actuary - Reinsurance and Catastrophe Modeling executive leadership.
Collaborates with Product Line, Underwriting and Pricing leadership to ensure the use and impact of catastrophe models result in pricing, product development, and exposure management solutions.
Responsible for the development and implementation of tools, processes, and metrics, to manage catastrophe risk through underwriting.
Influences and drives the research agenda in exposure management and data through AI tools and cat models with a forward-looking multi-year view.
Recommends multi-year catastrophe loss plans to Product Leaders, reflecting up-to-date projections of catastrophe exposures.
Supports the Chief Underwriter in representing USAA in discussions with regulatory and legislative initiatives, including catastrophe funds.
Serves as the senior P&C subject matter expert on Climate Change and its impacts to USAA members and the Association and represents P&C in enterprise forums.
Remains up-to-date with the latest developments in the field of climate change risk and impacts on financial markets and regulations.
Builds and oversees a team of professionals 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 and relevant regulations.
Bachelor's Degree in mathematics, statistics, or other quantitative field OR 4 additional years of related experience beyond the minimum required may be substituted in lieu of a degree.
10 years of experience working in data and analytics, including pricing, loss reserving, reinsurance, catastrophe risk management or a related field developing strategies, managing major initiatives, and delivering results of wide-scale enterprise impact within a financial services organization.
6 years of people leadership experience in building, managing and/or developing high-performing teams.
Deep understanding of climate change risk analysis and modeling. Strong understanding and familiarity with climate science, global and local climate models, and trends in natural weather perils.
Significant experience using quantitative approaches and models to measure insurance catastrophe risk.
Extensive experience in catastrophe risk underwriting, capital management, and pricing.
Experience leading through influence, being comfortable operating in ambiguity, and collaborating with key resources and stakeholders across functions to achieve strategic goals.
Executive-level business acumen in the areas of business operations, financial markets, and emerging climate change trends.
FCAS or ACAS accreditation
US military experience through military service or a military spouse/domestic partner.
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 position. The salary range for this position is: $216 150.00.
Employees may be eligible for pay incentives based on overall corporate and individual performance or at the discretion of the USAA Board of Directors.
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, 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.
Date Posted | November 24, 2024 |
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Located In | Phoenix, AZ |