Reinsurance Analyst Senior

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.

We are proud to support active-duty military spouses. USAA roles may offer remote or hybrid flexibility for active-duty military spouses consistent with applicable policy and business needs.

The Opportunity

Join our dynamic Reinsurance Operations team in the Life Actuarial department as a Reinsurance Analyst Senior! This is an exciting opportunity to play a vital role in leading reinsurance processes, from claims processing and treaty administration to financial reporting and audit support. You'll be responsible for managing reinsurance risk, ensuring regulatory compliance, and collaborating with business partners to drive effective decision-making. Strong critical thinking skills and excellent time management are essential as you navigate complex issues, interpret treaties, and deliver timely, accurate results. As a Reinsurance Analyst Senior, you will have the chance to lead special projects, identify process improvements, and contribute to a strong risk management framework. Plus, get ready to be part of a major initiative in 2026 as we implement a brand-new reinsurance system, offering unparalleled opportunities for professional growth and development! If you're a highly motivated individual with a passion for reinsurance and a desire to make a real impact, we encourage you to apply.

This role may be remote eligible in the continental U.S. with occasional business travel. However, individuals residing within a 60-mile radius of a USAA office in one of the following locations: San Antonio, TX, Plano, TX, Phoenix, AZ, Colorado Springs, CO, Charlotte, NC, or Tampa, FL will be expected to work on-site 4 days per week. Relocation assistance is not available for this position. 

What you'll do:

• Administer complex reinsurance, validates data, files, systems, and identifies discrepancies and related audit support.
• Resolve complex issues and navigate obstacles to deliver work product.
• Prepare complex reinsurance financial, management and regulatory reports.
• May draft reinsurance treaties, Requests for Proposals (RFPs), and Letter of Agreement (LOAs), with the ability to negotiate terms under direct supervision.
• Administer complex retention to ensure compliance with regulatory requirements, company limits, and reinsurance treaty requirements.
• Demonstrate an understanding of key regulations impacting the reinsurance process.
• Collaborate and maintain strong relationships with business partners and may perform in an advisory capacity to operational business leaders on matters pertaining to business initiatives or strategies.
• Develop and maintain processes, procedures and tools.
• Facilitate and review internal controls to ensure an effective and efficient reinsurance system and financial system.
• Perform reinsurance transactions, analysis, reconciliations and research with knowledge of GAAP/ STAT accounting and other regulatory requirements.
• Understand key regulatory implications that impact Reinsurance and resolve escalated accounting issues of a unique nature.
• Lead and serve as a subject matter expert on special projects/audits related to reinsurance administration systems, legal contracts/treaties, new product launches and other initiatives.
• Ensure reinsurer and compliance audit requests are completed and oversees coordination of responses to internal and external audit, and reinsurance business partners.
• Serve as a resource and mentor to team members on all reinsurance related processes.
• Review the work of less experienced team members and provide guidance and feedback when issues arise.
• Proactively assists team lead and management with delegation of work, including support on escalated issues, project work, and any reinsurance trends or issues.
• Approach workload with an innovative perspective and makes recommendations to enhance efficiencies and assist in the identification of process improvement initiatives that further departmental goals and objectives.
• Ensure 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 relevant education and/or experience.
• 6 or more years of experience as an analyst.
• A minimum of 5 years of progressive experience in Life and/or Annuity reinsurance administration, managing coinsurance and YRT treaty structures, and end-to-end processing lifecycles.
• Proficiency in interpreting and operationalizing Life and/or Annuity reinsurance treaty language.
• Demonstrated ability to translate contractual terms into accurate administrative requirements, system configurations, or financial reconciliations.
• At least 3 years of hands-on experience with Microsoft Excel, including practical application of advanced features, and data analysis.

What sets you apart:

• Demonstrated experience managing complex reinsurance structures, including Funds Withheld (FW) arrangements and financial reinsurance (FinRe).
• Direct involvement in the operational onboarding or administration of in-force block transactions (acquisitions or divestitures), including data migration, reconciliation, and treaty implementation.
• 3+ years of experience with accounting, financial data analysis and reconciliations.
• 2+ years of experience using Visual Basic, TAI.Net Queries, XML, and/or SQL.
• Experience working with Oracle systems.
• U.S. military experience through military service or a military spouse/domestic partnerundefined

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.