The Standard
Overview
The Standard seeks a talented actuary to join the Individual Annuities division. Our products include fixed rate multi-year guaranteed deferred annuities, fixed indexed annuities, and immediate annuities.
We seek a dedicated, motivated, and curious individual who wants to learn and grow within the organization. You will have the ability to understand the big picture and present results to senior leaders as you build models, evaluate trends, and question results.
The Individual Annuity Actuarial financial reporting team is responsible for valuation, financial reporting, experience analysis, and assumption setting. This role will report to the Senior Director and will function as a partner to senior actuaries, financial professionals, and executives leading planning, projections, experience studies, and assumption setting. There is flexibility in the structure of this role and potential near-term leadership opportunities associated with this role.
Responsibilities
Provide thought leadership and subject matter expertise for financial close, financial planning, and accounting framework changes.
Provide managerial and leadership support for junior staff, including development, review of work, and mentoring.
Analyze financial results of the Individual Annuities division and identify drivers and trends in product profitability.
Communicate financial information to management to influence corporate and divisional financial strategies.
Recommend opportunities to streamline financial close processes and analysis.
Take ownership of the team’s preparation, review, and analysis of valuation reserves and financial statements following GAAP, statutory, or tax reporting principles.
Analyze data and trends from modeling work and share findings with team members and other stakeholders.
Stay informed on regulatory issues to determine applicability to our reporting.
Skills and Background You’ll Need
Education:
Bachelors degree required
Certification:
Fellow of the Society of Actuaries (FSA), or career Associate of The Society of Actuaries (ASA).
Experience:
5+ years of progressively responsible actuarial experience
Understanding the materiality of analytical results and when to surface findings
Strong analytical, conceptual, and critical thinking skills with a solutions-oriented mindset
Experience with Individual Annuity or other annuity products is highly preferred
Proficient in MS Office; familiarity with actuarial tools and systems. PowerBI, Python, and SQL experience preferred but not required
Prior modeling experience. Moody’s Axis experience strongly preferred
US Statutory and US GAAP experience preferred but not required
Key Behaviors of a Successful Candidate
Winning together:
Low-ego, team-oriented, and collaborative; effective communicator; trusted business partner.
Driving Success:
Able to translate ambiguous tasks into concrete action; self-starter with initiative and deadline awareness; seeks to improve models and processes.
Adaptability:
Flexible, detail-oriented, and able to prioritize and deliver results aligned with the enterprise mission.
Improvement Mindset:
Pursues exceptional results, collaborates across departments to evaluate trends and risk, and connects upstream and downstream impacts.
#LI-Remote
Why Join The Standard? We have built an enduring legacy of stability, financial strength and exceptional customer service through the contributions of our service-oriented people. When you join The Standard you can expect:
A rich benefits package including medical, dental, vision and a 401(k) plan with company matching 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 management approach and opportunities for career growth
Paid parental leave and adoption/surrogacy assistance
An employee giving program that doubles 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 program rules and plan terms; awards depend on individual and organizational performance.
Salary Range:
$133,750.00 - $195,750.00
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. The Standard will consider for employment qualified applicants with arrest and conviction records pursuant to applicable fair chance laws where applicable. The Standard offers a drug- and alcohol-free work environment and requires a criminal background check and verification as a condition of employment. All employees must be bondable.
#J-18808-Ljbffr
We seek a dedicated, motivated, and curious individual who wants to learn and grow within the organization. You will have the ability to understand the big picture and present results to senior leaders as you build models, evaluate trends, and question results.
The Individual Annuity Actuarial financial reporting team is responsible for valuation, financial reporting, experience analysis, and assumption setting. This role will report to the Senior Director and will function as a partner to senior actuaries, financial professionals, and executives leading planning, projections, experience studies, and assumption setting. There is flexibility in the structure of this role and potential near-term leadership opportunities associated with this role.
Responsibilities
Provide thought leadership and subject matter expertise for financial close, financial planning, and accounting framework changes.
Provide managerial and leadership support for junior staff, including development, review of work, and mentoring.
Analyze financial results of the Individual Annuities division and identify drivers and trends in product profitability.
Communicate financial information to management to influence corporate and divisional financial strategies.
Recommend opportunities to streamline financial close processes and analysis.
Take ownership of the team’s preparation, review, and analysis of valuation reserves and financial statements following GAAP, statutory, or tax reporting principles.
Analyze data and trends from modeling work and share findings with team members and other stakeholders.
Stay informed on regulatory issues to determine applicability to our reporting.
Skills and Background You’ll Need
Education:
Bachelors degree required
Certification:
Fellow of the Society of Actuaries (FSA), or career Associate of The Society of Actuaries (ASA).
Experience:
5+ years of progressively responsible actuarial experience
Understanding the materiality of analytical results and when to surface findings
Strong analytical, conceptual, and critical thinking skills with a solutions-oriented mindset
Experience with Individual Annuity or other annuity products is highly preferred
Proficient in MS Office; familiarity with actuarial tools and systems. PowerBI, Python, and SQL experience preferred but not required
Prior modeling experience. Moody’s Axis experience strongly preferred
US Statutory and US GAAP experience preferred but not required
Key Behaviors of a Successful Candidate
Winning together:
Low-ego, team-oriented, and collaborative; effective communicator; trusted business partner.
Driving Success:
Able to translate ambiguous tasks into concrete action; self-starter with initiative and deadline awareness; seeks to improve models and processes.
Adaptability:
Flexible, detail-oriented, and able to prioritize and deliver results aligned with the enterprise mission.
Improvement Mindset:
Pursues exceptional results, collaborates across departments to evaluate trends and risk, and connects upstream and downstream impacts.
#LI-Remote
Why Join The Standard? We have built an enduring legacy of stability, financial strength and exceptional customer service through the contributions of our service-oriented people. When you join The Standard you can expect:
A rich benefits package including medical, dental, vision and a 401(k) plan with company matching 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 management approach and opportunities for career growth
Paid parental leave and adoption/surrogacy assistance
An employee giving program that doubles 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 program rules and plan terms; awards depend on individual and organizational performance.
Salary Range:
$133,750.00 - $195,750.00
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. The Standard will consider for employment qualified applicants with arrest and conviction records pursuant to applicable fair chance laws where applicable. The Standard offers a drug- and alcohol-free work environment and requires a criminal background check and verification as a condition of employment. All employees must be bondable.
#J-18808-Ljbffr