Purpose of Job
We are seeking a Modeling Analyst I located in San Antonio or 100% Remote Work Environment
The Life Modeling Center of Excellence is hiring for a Modeling Analyst I position. In this role, the candidate will advise USAA's life insurance and investment modeling community on best practices to improve the quality of model risk management and add business value.
Develop and analyze data to predict business results or member behavior. Technically proficient in statistics, mathematics, and tools used in predictive modeling. Partner cross-functionally with business to deliver breakthrough analytical solutions to support a winning strategy in a continually changing business environment.
USAA knows what it means to serve. We facilitate the financial security of millions of U.S. military members and their families. This singular mission requires a dedication to innovative thinking at every level.
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Identify and manage existing and emerging risks that stem from business activities and the job role.
Ensure risks associated with business activities are effectively identified, measured, monitored, and controlled.
Follow written risk and compliance policies and procedures for business activities.
Develops, enhances and supports implementation of statistical and other quantitative models to support forecasting, member behavior based scoring and other business applications.
Understands technical issues in econometric and statistical modeling and applies these skills toward solving business problems.
Applies proficient knowledge of the model development process and builds relationships with the business customer: from conceptualization through data exploration, model selection and validation, implementation, business user training and support.
Understands the model lifecycle management process and applies this knowledge to models.
Monitors statistical model performance and provide technical guidance to business leadership.
Communicates technical subject matter clearly and concisely to individuals from various backgrounds.
Bachelor's in Statistics, Economics, Engineering, Mathematics, Actuarial Sciences or related field OR 4 additional years of related experience beyond the minimum required may be substituted in lieu of a degree (Total of 8 years experience).
4 years related work experience in statistical analysis and model development.
OR if Advanced Degree in a relevant discipline, 2 years of experience in statistical model development
Proficient knowledge of data analysis tools and industry data sources
Proficient knowledge in developing analysis queries and procedures in SQL, SAS, BI tools, other analysis software or scripting language
Proficient knowledge in 2 or more statistical techniques (Generalized linear modeling, Time Series, CART, Decision Trees, Neural Networks, Factor analysis experimental design and hypothesis testing).
Knowledge of metadata management and related tools.
Successful completion of a job-related assessment may be required.
When you apply for this position, you will be required to answer some initial questions. This will take approximately 5 minutes. Once you begin the questions you will not be able to finish them at a later time and you will not be able to change your responses.
At least two years' experience performing modeling activities (development, implementation, or validation) in accordance with SR 11-7 at an organization regulated by the Federal Reserve.
Demonstrated ability to communicate modeling concepts to both technical and non-technical audiences.
At least two years' experience developing, implementing, or validating actuarial life insurance models.
At least two years' experience developing, implementing, or validating life insurance underwriting models.
At least two years' experience developing, implementing, or validating investment models.
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.
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: $80,200 - $144,500* (this does not include geographic differential it may be applied based on your work location)
Employees may be eligible for pay incentives based on overall corporate and individual performance or at the discretion of the USAA Board of Directors.
Shift premium: will be addressed on an individual-basis for applicable roles that are consistently scheduled for non-core hours.
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.
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Relocation assistance is not available for this position.