Actuarial Associate III

Role Description

The Standard’s Individual Annuities division is currently looking to add an Actuarial Associate III to our team. This role requires hands-on actuarial modeling experience and will play a key role in driving our VM-22 implementation.

This role is ideal for someone that enjoys building, enhancing, and owning actuarial models related to a high visibility regulatory function. Responsibilities include:

• Developing and refining models.
• Defining strategic asset allocations that optimize reserves.
• Partnering across valuation, pricing, FP&A, ALM, and investment management to ensure a robust, scalable VM-22 framework.
• Supporting other modeling initiatives in our near-term future state, potentially including strategic initiatives related to a Bermuda affiliate reinsurer.

Qualifications

• Bachelor’s degree (or equivalent combination of education and experience) in mathematics, actuarial science, business, or a related field preferred.
• ASA designation required.
• 3+ years of experience sufficient to have gained a seasoned actuarial business perspective required.
• Prior modeling experience with GGY AXIS (required).
• Hands-on experience with Individual annuities (required).
• Asset modeling and Asset Liability Management (ALM) experience (strongly preferred).
• Projection and Valuation modeling experience (CFT, LDTI MRB, VM-20, or VM-21) (preferred).
• Strong analytical skills, attention to detail, and the ability to own and explain reserve movements.

Requirements

• 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.
• Acts independently to determine methods and procedures on new assignments.
• Plays a significant role as a resource/mentor to others in the actuarial career.
• Strives to exceed customer needs.
• Brings innovative ideas to life and seeks continuous improvement.
• Excellent communication skills and the ability to develop positive internal and external stakeholder relationships.
• Ability to take ambiguous tasks and align them to the working model of the team to ensure execution.

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.