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The Standard

The Standard

Actuary - Actuarial Transformation

Actuary - Actuarial Transformation

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Job Details
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Uploaded On
January 26, 2023
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Location
Remote
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Remote?
Yes
Salary
$
102
k-$
150
k
Glassdoor Ratings
""
Recommend to a Friend
80%
""
Overall Score
3.9 / 5

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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.

Job Summary:

This role will be supporting the development the Actuarial Technology Platform (ATP), an end to end solution for actuarial models and processes. This includes the development of an industry leading actuarial assumption management solution. As part of this holistic approach to transforming actuarial processes you will have the opportunity to influence how the actuarial community optimizes its actuarial models as well as how advanced analytics is integrated. You’ll support the education of key stakeholders and act as a key representative of the actuarial community within a cross-functional product team.

Specific Responsibilities includes:

  • Reviewing models and identify potential optimizations
  • Identifying and lead integration of certain actuarial models and processes into the ATP
  • Support the build of an actuarial assumption manager
  • Support the development of advanced analytics within the ATP
  • Collaborate across functional areas and product lines to promote the ATP

Qualifications:


Education/Experience:

  • This position is the highest level of the Actuarial Candidate career path prior to promotion into a position with senior Fellowship responsibility. Prior responsible experience sufficient to have gained a seasoned actuarial business perspective required.
  • ASA designation required. Bachelor’s degree (or equivalent combination of education and experience) in mathematics, actuarial science, business or a related field preferred.

Analytical Skills:

  • The position operates from a very seasoned vantage point resulting in "big picture" thinking, business insight, actuarial innovation and intuition, influence, and leadership.
  • Very familiar with internal and external statistical trends, factors, issues, and data impacting underwriting results and business strategies.
  • Leverages this knowledge and insight, combined with advanced and creative actuarial methods, to identify risks and opportunities, derive innovative solutions, and drive strategic business actions.
  • AXIS skills strongly preferred.

Independence:

  • Demonstrated experience working independently and providing critical thought.
  • Determines methods and procedures on new assignments with limited guidance.
  • Provides guidance and acts as a resource/mentor to others in the actuarial career.
  • Anticipates customer needs and takes initiative to address business challenges.
  • Seeks continuous improvement of processes and analyses.

Influence:

  • May serve as a lead on cross department/division project teams to manage, plan, implement and/or sponsor large complex actuarial studies, pricing strategies and policies.
  • Effective people skills in managing, influencing and resolving conflicts.
  • Due to very advanced and sophisticated actuarial conceptual ability and highly relevant business know-how, the position works closely with Product Management and other functions within the company to achieve profitability and growth goals, and/or to provide actuarial analyses, responses and communications for various audiences inside and outside the company.
  • Acts as a subject matter expert having frequent interaction with senior division management or other senior actuarial personnel.
  • Exhibits effective communication skills with non-technical audience.
  • May direct and train lower level students but is not an administrative supervisor.

#LI-Remote

Note: The Standard is required to provide a reasonable estimate of the salary for this role when hiring a Colorado resident. The salary for employees working in Colorado in this role is listed below. The Standard’s package also includes incentive plan participation and comprehensive benefits including medical, dental, vision, retirement, and paid time off.  

  • Please note, 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, 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, drug test, 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.

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