Actuary

The next part of your journey is right around the corner — with The Standard. A genuine desire to make a difference in the lives of others is the foundation for everything we do. With a customer-first mindset and an intentional focus on building strong teams, we’ve been able to uphold our legacy of financial stability while investing in new, innovative technologies that support the needs of our customers. Our high-performance culture focused on operational excellence thrives thanks to remarkable people united by compassion and a customer-first commitment. Are you ready to make a difference? Job Summary: The Standard’s Individual Annuities division has an open role responsible for driving and supporting work related to our financial reporting team: FP&A, valuation, reserve analytics, hedging, reinsurance, and business performance. This role is ideal for someone who enjoys owning financial results related to highly visible functions that impact our financial results and strategic direction and will play a key role in the production, analysis, and communication of financial results and projections of our MYGA and FIA businesses, partnering closely with pricing, modeling, ALM, and finance teams. Responsibilities include reporting, valuation, earnings analysis, reserve attribution analysis, as well as supporting key strategic initiative / teams such as affiliate reinsurance, modeling, VM22 team, and business integration. This is a high impact individual contributor role, with near term leadership opportunities. Key Responsibilities: Own execution and enhancement of reporting, valuation, earnings analysis, FP&A, and hedging and communicate results to senior management. Design and implement reporting support for functions such as VM22, reinsurance, and business integration. Analyze GAAP, statutory, and management reporting results, including reserves, earnings, and capital movements. Enhance governance model (change management, internal controls, and offshore partner review). Partner with pricing, modeling, and corporate actuarial to ensure consistency in understanding stakeholder needs and effective/aligned story telling. Analyze results—identify drivers, limitations, and opportunities for improvement. Develop and improve analytical tools, reporting processes, and speed / clarity of processes and capabilities. Provide mentorship and project leadership to onshore and offshore team members related to core team responsibilities. Skills and Background You’ll Need: Education: Bachelor’s degree (or equivalent combination of education and experience) in mathematics, actuarial science, business, or a related field preferred. Certification: ASA required/FSA preferred Experience: Prior hands‑on experience sufficient to have gained a seasoned actuarial business perspective in the Individual Annuities space is required. (5+ yrs. preferred) Modeling experience including change management, internal controls & review required. FP&A and FIA financial reporting experience (preferred) Experience with GGY AXIS & Python (preferred) Skills: Strong analytical skills, attention to detail, and ability to own and explain reserve movements. Contributes actuarial, financial and industry expertise combined with unique product line knowledge to positively impact organizational strategy. Note: This role may be filled at either of the levels noted below based upon applicable experience and career path: Associate Actuary III: Applies understanding of both functional area and company risk profiles to complete risk-based analysis. Seeks out industry and professional information to enhance risk management acumen. (Salary Range: $94,500.00 - $138,500.00) Actuary: Demonstrates expertise in Company's risk profile, risk appetite and risk management practices. Obtains foundational understanding of industry risk management practices. Utilizes Company and industry practices to complete risk-based analysis and propose appropriate risk-based opportunities. (Salary Range: $131,750.00 - $192,500.00) Key Behaviors of a Successful Candidate: Winning together: Excellent written and verbal communication skills with the ability to develops positive internal and external stakeholder relationships by consistently and effectively delivering value. Seeks out and encourages diverse perspectives; helps individuals relate to, understand, and accept other perspectives. Driving success: Independently drives work forward and takes responsibility for achieving job requirements, tasks, and objectives. Approaches business challenges from a broad perspective and anticipates and removes barriers to accomplish business objectives. Constantly pursue exceptional results that take us “next level.” Improvement Mindset: Acts independently to determine methods and procedures on new assignments. Plays a significant role as a resource/mentor to others in the actuarial career. Viewed as a key resource to the division and providing thought leadership in their key areas of responsibilities. Strives to exceed customer needs. Innovative, brings ideas to life, and seeks continuous improvement. Adaptability: Ability to take ambiguous tasks and align it to the working model of the team to ensure execution. Proactively identifies business issues and develops solutions to resolve them. Approaches business challenges from a broad corporate perspective and assesses business recommendations from a strategic viewpoint. Why Join The Standard? We have built an enduring legacy of stability, financial strength and exceptional customer service through the contributions of the service-oriented people who choose to work at The Standard. To ensure we can attract and retain the best talent, when you join The Standard you can expect: 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 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. The actual compensation for this role will be based on a combination of education and experience, knowledge and skills, position budget, internal equity, and market data. Salary Range: $131,750.00 - $192,500.00 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 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. 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