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.

The Standard seeks a talented, experienced actuary with strong actuarial modeling expertise to join our Actuarial Projections division, focusing on Employee Benefits modeling. You will be involved in developing and maintaining modeling solutions in support of company initiatives, critical to The Standard’s success including cashflow testing, embedded value and Japan’s JFSA regulations.  You will leverage your skillful relationship management as you partner with key internal stakeholders and product line leaders.  You’ll be involved in evaluating and implementing new approaches and processes for our modeling effort as we challenge ourselves to consider new methods through our Actuarial Transformation program.  The missing piece is you, bringing your vision, expertise, and energy.

Areas of focus for you will include
 

• You'll assist in the development analysis and model change management of models used in analyzing ALM, Embedded Value, risk management, income projections and regulatory requirements including cashflow testing.
• You will be part of a team developing models in GGY AXIS to perform and analyze results from Japan’s JFSA regulations for The Standard.
• You will work to convert Employee Benefit (EB) valuation and projection models to GGY AXIS, collaborating with EB SMEs to ensure that projections are aligned with company operations and expectations.
• Ensure projection models are timely and accurate, meeting necessary controls. 
• Communicate projection model results to management to assist and influence corporate and divisional financial strategies.
• Support our Actuarial Transformation initiative ensuring successful implementation of improved procedures and processes including our model orchestration platform.

Traits of a Successful Candidate

Education/Experience:

• Experience with GGY AXIS required.
• Group Product, Term Life, or Disability experience preferred.
• Prior experience sufficient to have gained a seasoned actuarial business perspective.
• FSA designation required. Attaining Fellowship alone is not a sufficient criteria to operate at this level.
• Bachelor’s degree (or equivalent combination of education and experience) in mathematics, actuarial science, business, or a related field preferred.

Analytical Skills:

• Thinks innovatively, brings ideas to life, and seeks continuous improvement.
• Anticipates and removes barriers to accomplish business objectives.
• Contribute broad actuarial, financial and industry expertise combined with unique product line knowledge.
• Uses skills to contribute to the achievement of company goals.
• Works on significant and complex issues where analysis of situations requires evaluation of quantitative, qualitative, forward looking and organizational factors.

Influence:

• Communicate and collaborate with various departments across the organization to meet business needs.
• Leverages effective networks across the department/division.
• Serves as a lead on key projects and initiatives.
• Exhibits effective communication and people skills in managing projects, working with stakeholders and resolving conflicts.
• Viewed as a resource to the division, providing subject matter expertise in his/her key areas of responsibilities.
• Subject matter expert with the ability to negotiate and influence management decision making.

Decision Making:

• Acts independently to determine methods and procedures on new assignments. Significant role as a resource/mentor to others in the actuarial career.
• Primarily responsible for developing and executing on business needs within an actuarial function.
• Scope of decision making mainly contained within the function or immediate team.

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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:

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.