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The Standard

The Standard

Actuarial Associate/Actuary (ASA/FSA) - Actuarial Transformation

Actuarial Associate/Actuary (ASA/FSA) - Actuarial Transformation

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Job Details
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Uploaded On
July 19, 2023
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Location
Portland, OR
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Remote?
No
Salary
$
102
k-$
150
k
Glassdoor Ratings
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Recommend to a Friend
80%
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Overall Score
3.9 / 5

At The Standard, you’ll join a team focused on putting our customers first.

Our continued success is driven by a high-performance culture. We’re looking for people who are collaborative, accountable, creative, agile and are driven by a passion for doing what’s right – across the company and in our local communities.

We offer a caring culture where you can make a real difference, every day.
 
Ready to reach your highest potential? Let’s work together.

At The Standard, you’ll join a team focused on putting our customers first. 
 
Our continued success is driven by a high-performance culture. We’re looking for people who are collaborative, accountable, creative, agile and are driven by a passion for doing what’s right – across the company and in our local communities. 
 
We offer a caring culture where you can make a real difference, every day. 
 
Ready to reach your highest potential? Let’s work together. 

Position Summary 

We seek a talented ASA or FSA to join the Actuarial Transformation Program Office. This key role will move between a variety of projects and gain exposure to multiple areas of the business, including valuation, pricing, financial forecasting, and future state actuarial data design across various products and business lines. We seek a talented individual who is dedicated, motivated, curious, and wants to learn and grow within the organization. You’ll have a keen eye for detail and the ability to understand the big picture as you reimagine and rebuild actuarial process and develop future state capabilities. The candidate’s experience will determine the position level.  

Your key responsibilities include: 

  •  Working collaboratively with actuarial business partners across levels and roles to understand current processes, goals, and outputs, with an eye toward discovering opportunities to refine and redesign in order to enhance actuarial efficiency and value; strong consideration of effort versus impact.  
  • Applying actuarial skills and technology solutions to define and simplify analytical and reporting processes using Agile methodology to iteratively deliver value.  
  • Communicating and influencing with impact, ethics, efficiency, and a clear goal of developing collaborative and positive outcomes for stakeholders, including senior management.  
  • Meeting desired milestones and interim dates and effectively communicating progress, new ideas, hurdles (both expected and unexpected), and potential solutions with a goal toward successful achievement of desired outcomes by target dates.  
  • Working collaboratively with IT business partners to communicate and develop solutions that effectively streamline actuarial effort and process while delivering accurate, appropriate, and timely results.  
  • Defining actuarial requirements for future state data solutions.  
  • Developing new analytical models enabled by our future state toolkit.  
  • Successful study and completion of exams towards an FSA designation if not yet an FSA.  

 

Qualifications Required: 

  • ASA or FSA  
  • Bachelor’s degree required 
  • Experience with actuarial modeling software. 
  • Proficiency in one or more programming languages.  
  • Intermediate to Advanced Excel skills.  
  • Familiarity with insurance product profit and performance measures.   

 

Qualifications Desired: 

  • Experience and/or proficiency with GGY-Axis.  
  • Experience and/or proficiency with Python (strongly preferred) or R\SAS\Spark.  
  • Experience with PowerBI and SQL.  
  • Experience working with IT. 
  • Mid to large company experience with an understanding of how an insurance actuarial community works.  

 

Competencies You Possess: 

  • Positive, can-do attitude. 
  • Ability to connect the dots of the impacts of upstream and downstream work to understand the impacts. 
  • Self-starter who can work independently and take initiative.  
  • Resourceful to build effective partnerships/coalitions with colleagues.  
  • Effective collaboration with others.  
  • Excellent organizational skills with strong attention to detail and ability to prioritize and drive results.  
  • Intellectual curiosity to look beneath the surface and an understanding of materiality and when to surface findings to others.  
  • Effective communication skills that instill confidence with internal and external audiences and ability to translate complex concepts into meaningful actionable information.  
  • Sensitivity to deadlines and time constraints.  
  • Low-ego, team-oriented, collaborative approach.  
  • Strong analytical, conceptual, and critical thinking skills with a solutions-oriented mindset.  

#LI-Remote 


 

Please note - the salary range for this role is listed below. In addition to salary, our package includes incentive plan participation and comprehensive benefits including medical, dental, vision and retirement benefits, as well as an initial PTO accrual of 164 hours per year. Employees also receive 11 paid holidays and 2 wellness days per year.

 

  • Eligibility to participate in an incentive program is subject to the rules governing the program and plan. Any award depends on various factors, including individual and organizational performance.

Salary Range:

$102,250.00 - $150,000.00

Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Equities, Inc. and StanCorp Investment Advisers, Inc., marketed as The Standard, are Affirmative Action/Equal Opportunity employers. All qualified applicants will receive consideration for employment without regard to race, religion, color, sex, national origin, gender identity, sexual orientation, age, disability, or veteran status or any other condition protected by federal, state or local law. The Standard offers a drug and alcohol free work environment where possession, manufacture, transfer, offer, use of or being impaired by an illegal substance while on Standard property, or in other cases which the company believes might affect operations, safety or reputation of the company is prohibited. The Standard requires a criminal background investigation, employment, education and licensing verification as a condition of employment. All employees of The Standard must be bondable.

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Working at 

The Standard

The Standard is a financial services company that specializes in providing insurance, retirement, and investment solutions for individuals and businesses. With headquarters in Portland, Oregon, The Standard has been in operation since 1906, and has a strong reputation for its commitment to customer service and innovation. Working at The Standard means being part of a team that values diversity, inclusion, and collaboration. The company offers a range of career opportunities for individuals at all stages of their professional journey, from entry-level positions to senior leadership roles. The Standard is committed to providing its employees with the resources and support they need to grow and succeed in their careers. The Standard offers a comprehensive benefits package that includes medical, dental, and vision insurance, 401(k) matching, and paid time off. The company also offers a number of other unique benefits, including wellness programs, employee assistance programs, and an employee stock purchase plan. In addition to its commitment to its employees, The Standard is also committed to making a positive impact on society and the environment. The company has a strong corporate social responsibility program that focuses on supporting local communities, promoting sustainability, and fostering diversity and inclusion. If you are looking for a career in the financial services industry, The Standard is an excellent choice. The company is committed to its employees and customers, and is dedicated to making a positive impact on the world. With a supportive and collaborative work environment, competitive compensation and benefits packages, and opportunities for professional growth and development, The Standard is a great place to build a meaningful and rewarding career.