Job Description:

Remote Type: Remote (USA)
Portland, OR
Remote, KS
Remote, PA
Remote, USA
Remote, OR
Time Type: Full time
Requisition ID: REQ004801


Description:

At The Standard, you’ll join a team focused on putting our customers first.

Our continued success is driven by a high-performance culture. We’re looking for people who are collaborative, accountable, creative, agile and are driven by a passion for doing what’s right – across the company and in our local communities.

We offer a caring culture where you can make a real difference, every day.

Ready to reach your highest potential? Let’s work together.

The Standard seeks a talented Actuary to drive new product development and pricing initiatives within our Stable Asset Fund (SAF) business, as well as creating process efficiencies and driving continuous improvement in pricing and risk management techniques. This individual will lead and develop a small actuarial team supporting SAF institutional FHLB operations.

Job Summary:

• Oversee Inforce management including rate setting, profitability assessment, and spread margin analytics.
• Lead pricing and product development (traditional stable value applications as well as new and adjacent markets), actively engaging with internal stakeholders across the organization.
• Partner with corporate ALM team on portfolio optimization and strategic asset allocation initiatives.
• Manage ongoing operational needs of FHLB institutional spread businesses including investment acquisition, risk analysis, and financial reporting.

Skills and Background You’ll Need:

• Bachelor’s degree in actuarial science, mathematics, or related field (required)
• 5 – 10 years progressively responsible actuarial experience (required)
• FSA designation (required)
• Deep experience with retail or institutional spread-based insurance products
• Knowledge of asset-liability management techniques and investment strategies
• Strong actuarial modeling software experience, preferably GGY Axis
• Advanced Excel (required), Python, Tableau or Power BI or similar experience preferred.

Key Behaviors of a Successful Candidate:

• Winning together: Develops networks across the organization and is viewed as a resource to the division and subject matter expert with the ability to negotiate and influence management decision making.
• Developing People: Drives team performance to goals. Provides training and development to team members and is a resource/mentor to others in the actuarial career.
• Improvement Mindset: Thinks innovatively, brings ideas to life, and seeks continuous improvement. Anticipates and removes barriers to accomplish business objectives.

Why join The Standard?

We have built an enduring legacy of stability, innovation, and financial strength thanks to the contributions of the talented, creative and compassionate 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 a 401(k) plan with matching company contributions
• An annual incentive bonus plan
• Generous paid time off
• A supportive and responsive management approach
• Opportunities for career growth and advancement
• Paid time off to volunteer
• An employee giving program that double matches your donations to eligible nonprofits and schools.
• Much more!

#LI-Remote

Please note - the salary range for this role is listed below. In addition to salary, our package includes incentive plan participation and comprehensive benefits including medical, dental, vision and retirement benefits, as well as an initial PTO accrual of 164 hours per year. Employees also receive 11 paid holidays and 2 wellness days per year.

• Eligibility to participate in an incentive program is subject to the rules governing the program and plan. Any award depends on various factors, including individual and organizational performance.

Salary Range:

$123,500.00 - $197,500.00

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 Equities, Inc. and StanCorp Investment Advisers, Inc., 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 offers a drug and alcohol free work environment where possession, manufacture, transfer, offer, use of or being impaired by an illegal substance while on Standard 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, employment, education and licensing verification as a condition of employment. All employees of The Standard must be bondable.

About Us:

The Standard is a family of companies dedicated to helping its customers achieve financial well-being and peace of mind. In business since 1906, we’re a leading provider of group and individual disability insurance, group life, dental and vision insurance, voluntary (employee-paid) benefits, absence management services, and retirement plans and annuities for employers and individuals. For more information about The Standard, visit www.standard.com or follow us on Facebook, Twitter or LinkedIn.

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