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Remote Actuary / Actuarial

$94.5k - $138.5k

Standard Insurance Co

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. Job Summary:The Standard’s Individual Annuities division is currently looking to add an Actuarial Associate to our team. This role will play a support role in creating the models, data processes, and analytics needed to support our VM-22 implementation. This role will further support the development and refinement of our processes to implement VM-22 in pricing, FP&A, ALM, and governance frameworks. As part of this team, you will have opportunities to support other modeling initiatives in our near-term future state, potentially including strategic initiatives such as reinsurance to a Bermuda affiliate, strategic asset allocation, or ALM reporting.Support key element of VM-22 model implementation, such as model improvements, including structure, assumptions, and runtime optimization.Partner with valuation, pricing, FP&A, and investment management to ensure consistency and usability of results.Analyze model output to identify drivers, limitations, and opportunities for improving model performance and scalability (automation, workflow, cloud integration where applicable)Partners with the core VM-22 team as well as other members of the actuarial community of practice.* Actuarial Associate III: 3+ yrs. hands-on actuarial experience & ASA required. Applies understanding of functional business area to support model creation and enhancements. Salary Range: $94,500.00 - $138,500.00)Actuarial Associate II: 2+ yrs. hands-on actuarial experience & successful completion of a minimum of 3 actuarial exams. Applies understanding of functional business area to support model creation and enhancements. Salary Range: $82,250.00 - $120,750.00)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.Experience:3+ years of experience sufficient to have gained a seasoned actuarial business perspectivePrior modeling experience with GGY AXIS (preferred).Asset modeling and Asset Liability Management (ALM) experience (preferred).Python experience (preferred)Strong analytical skills, attention to detail, and the ability to own and explain reserve movements.Approaches business challenges from a broad perspective and anticipates and removes barriers to accomplish business objectives. Contributes actuarial, financial and industry expertise combined with unique product line knowledge and pursues exceptional results that take us “next level”.Plays a significant role as a resource/mentor to others in the actuarial career. Strives to exceed customer needs. Innovative, brings ideas to life, and seeks continuous improvement. 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.helps individuals relate to, understand, and accept other perspectives.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. A rich benefits package including medical, dental, vision and a 401(k) plan with matching company contributionsAn annual incentive bonus planGenerous paid time off including 11 holidays, 2 wellness days, and 8 volunteer hours annually — PTO increases with tenureA supportive, responsive management approach and opportunities for career growth and advancement Paid parental leave and adoption/surrogacy assistanceAn employee giving program that double matches your donations to eligible nonprofits and schoolsIn addition to the competitive salary range below, our employee-focused benefits support work-life balance. 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.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. Remote, HI; Remote, USA; Remote, ORType: Full time

Vacancy posted 3 days ago
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