Actuarial Associate III - IA

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 seeks a talented actuary to join the Individual Annuities team. This role is responsible for the planning and projections. As a partner to senior actuaries, financial professionals, and executives, the successful individual must have the ability to understand the big picture and present results to senior leaders relating to the models, evaluating trends, and the confidence to question results. This position reports to the Senior Director of the Individual Annuity team.  

Key Responsibilities:

• Planning and Projection: Develop and maintain planning models and tools. Collaborate with pricing, valuation, finance, sales, and other functional areas to develop annual business plan and other projection analysis to help monitor business performance.
• Data Analysis/Information Systems: Extract, analyze and prepare data for use in actuarial analysis. Analyze, interpret, and present numerical data related to pricing and other actuarial analysis.
• Cross Collaboration: Communicate and collaborate with various departments across the organization to meet business needs. Use data and analysis to provide strategic guidance in influencing management decision making. 
• Customer Focus: Anticipate customer needs and take initiative to address business challenges. Determine appropriate methods and procedures for new assignments and seek guidance when needed.

Skills and Background You’ll Need:

Education:

• Bachelor’s degree in mathematics, actuarial science, business, or a related field.
• ASA Certification (required)

Experience:

• Minimum 5 years of hands-on actuarial experience.
• Individual Annuity or other annuity products experience highly preferred. (i.e. fixed rate multi-year guaranteed deferred annuities, fixed indexed annuities, and immediate annuities).
• Proficient in MS Office and familiarity with actuarial tools and systems.
• US Statutory and US GAAP experience preferred.
• PowerBI, Python, SQL, and GGY AXIS experience preferred

Key Behaviors of a Successful Candidate:

• Winning together: 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.
• Adaptability: Ability to take ambiguous tasks and align it to the working model of the team to ensure execution.
• 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.”

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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

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.

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:

$92,250.00 - $135,250.00

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.