Director and Actuary (CARM/ERM)
$147.75k - $236kThe Standard
Job Summary As Director and Actuary within the Enterprise Risk Management (ERM) and Governance team in Corporate Actuarial and Risk Management (CARM), you’ll play a key role on important initiatives for the company and the actuarial practice as a whole. You will lead a team of credentialed actuaries and have direct responsibility for key aspects of actuarial and product governance including model governance and assumption governance, development of corporate risk management policies and procedures, and supporting business units with product development, pricing and other actuarial functions. This position interfaces with our four main product lines, and with colleagues within the broader CARM team including ALM, Actuarial Modeling and Actuarial Transformation. You will also prepare reports for and occasionally deliver presentations to the Chief Actuary, Chief Risk Officer, Chief Financial Officer, and other top executives throughout the company. This position is also expected to play an integral role in the broader actuarial community, leading committees, events, and initiatives. You will approach business challenges from a broad corporate perspective and anticipate and remove barriers to accomplish business objectives. The ideal candidate will have the ability to effectively collaborate and communicate with a wide range of functions and will also bring a strong technical background. Occasional travel for planning purposes, team building, or conferences may be required. Education Bachelor’s degree (or equivalent combination of education and experience) in mathematics, actuarial science, business or a related field preferred. Certification Fellow of the Society of Actuaries (FSA) or equivalent international designation. (strongly preferred) Skills & Background You’ll Need Ten or more years of experience in the actuarial domain or insurance industry environment Experience with actuarial modeling, M&A, LDTI, asset adequacy testing and valuation. (highly preferred) Responsible for the overall management and technical oversight of both junior and senior actuarial staff. Routinely provides counsel to the Top Actuarial Executive within the Product Group/Line of Business, or Market Segment, and to the analysis within their area of domain expertise. Demonstrated success leading complex, cross-functional initiatives with enterprise impact and developing and executing on business needs within the actuarial function Experience working on significant and complex issues where analysis of situations requires evaluation of quantitative, qualitative, forward looking and organizational factors. Understanding of insurance product dynamics, ideally across retirement, annuities, life, employee benefits and disability insurance. (highly preferred) Key Behaviors of a Successful Candidate Strategic Visioning : Uses market data and knowledge of business model to develop new strategies, connect goals to enterprise vision, and identify criteria to measure success. Engaging Hearts & Minds : Fosters empowered, collaborative teams and cultivates trusted relationships across functions. Driving success : Ability to drive team performance to goals. Provides training and development to immediate team members. Significant role as a resource/mentor to others in the actuarial team. Creates clarity, sets bold goals, and champions execution with a sense of purpose and urgency. Winning together : Develops networks across the department/division. Exhibits effective communication and people skills in managing projects, working with stakeholders and resolving conflicts. Viewed as a resource to the division, providing leadership in his/her key areas of responsibilities. Subject matter expert with the ability to negotiate and influence management decision making. Improvement Mindset : Thinks innovatively, brings ideas to life, and seeks continuous improvement. Approaches business challenges from a broad corporate perspective. Anticipates and removes barriers to accomplish business objectives. Constantly pursue exceptional results that take us “next level.” #LI-Remote Benefits A rich benefits package including medical, dental, vision and a 401(k) plan with matching company contributions An annual incentive bonus plan Generous paid time off including 11 holidays, 2 wellness days, and 8 volunteer hours annually — PTO increases with tenure A supportive, responsive management approach and opportunities for career growth and advancement Paid parental leave and adoption/surrogacy assistance An employee giving program that double matches your donations to eligible nonprofits and schools In addition to the competitive salary range below, our employee-focused benefits support work-life balance. Learn more about working at The Standard. Eligibility to participate in an incentive program is subject to the rules governing the program and plan. Any award depends on a variety of factors including individual and organizational performance. Salary Range: $147,750.00 - $236,000.00 Positions will be posted for at least 5 days from original posting date. Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Mortgage Investors, LLC, StanCorp Investment Advisers, Inc., and American Heritage Life Insurance Company and American Heritage Service Company, marketed as The Standard, are Affidative 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. Except where precluded by state or federal law, The Standard will consider for employment qualified applicants with arrest and conviction records pursuant to the San Francisco Fair Chance Ordinance. 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 The Standard's 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 and employment, education and licensing verification as a condition of employment. After any conditional offer of employment is made, the background check will include an individualized assessment based on the applicant’s specific record and the duties and requirements of the specific job. Applicants will be provided an opportunity to explain and correct background information. All employees of The Standard must be bondable. #J-18808-Ljbffr The Standard
$147.75k - $236k
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