Sr Actuary/Actuary - EB

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 is seeking a talented Actuary to join our Employee Benefits (EB) division, supporting products such as disability, group life and AD&D, dental, and vision. In this role, you’ll influence product strategy and results, working closely with senior leadership across actuarial and multidisciplinary business teams.

Responsibilities include preparing financial statements, analyzing business results, and presenting insights to business units and executive leadership. In this role, you will represent the actuarial perspective, identify key drivers and trends, and help improve processes and tools through a continuous improvement mindset. A strong attention to detail and ability to review and challenge work are critical to ensuring accurate, insightful analysis and clear executive communication. 

Note: This role may be filled at either of the levels noted below based upon applicable experience and career path:

Actuary: Operates from a seasoned vantage point resulting in "big picture" thinking, business insight, actuarial innovation and intuition, influence, and leadership.  Draws on broad and deep understanding of how economic, social, regulatory, geopolitical and industry change impacts our business. Combines this knowledge with business acumen and actuarial principles associated with own practice area to design and deliver actuarial solutions to business problems and drive strategic business actions. ASA required.

Senior Actuary: Possesses broad actuarial, financial and industry expertise combined with unique product line knowledge, uses skills to contribute to the achievement of company goals.  Applies broad and deep understanding of how economic, social, regulatory, geopolitical and industry change impacts our business.  Combines this knowledge with business acumen and actuarial principles to identify, assess and advocate for new, innovative and market leading risk/return opportunities consistent with the Company's strategic goals.  Works on significant and complex issues where analysis of situations requires evaluation of quantitative, qualitative, forward looking and organizational factors.  This position requires a very experienced and knowledgeable actuarial viewpoint in a wide variety of actuarial subjects, as well as company, industry & regulatory practices. FSA Required.

Skills and Background You’ll Need:

Education: Bachelors degree

Certification: Associate of the Society of Actuaries (ASA) required; Fellowship progress or FSA strongly preferred.

Experience:

• 5–7 years of progressively responsible actuarial experience within insurance, demonstrating strong actuarial and business judgment; employee benefits experience preferred. Prior hands-on experience sufficient to have gained a seasoned actuarial business perspective.
• Experience preparing, analyzing, and interpreting financial statements under GAAP, statutory, and/or tax reporting frameworks. 
• Proven ability to partner with actuarial and business leaders to assess profitability, trends, and risk drivers across complex products. 
• Demonstrated experience reviewing, challenging, and validating actuarial analyses to ensure quality and sound conclusions.

 Skills:

• Hands-on experience developing analytical tools and models using programming languages (SAS preferred, or similar experience with Python, C++, Power BI.
• Strong financial, analytical, and conceptual skills, including evaluation of economic, market, and competitor data. 
• Advanced Excel skills, including VBA and macro development. 
• Working knowledge of regulatory considerations impacting actuarial and financial reporting. 

Key Behaviors of a Successful Candidate:

Driving Success: Has broad actuarial, financial and industry expertise combined with unique product line knowledge, uses skills to contribute to the achievement of company goals.  Works on significant and complex issues where analysis of situations requires evaluation of quantitative, qualitative, forward-looking, and organizational factors.   

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, provides leadership in his/her key areas of responsibilities.  Subject matter expert with the ability to negotiate and influence management decision making. 

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. Thinks innovatively, 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.

#LI-Remote

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:

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.