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.

Job Summary: 

We are currently seeking a talented Actuarial Analyst to join the Employee Benefits pricing team.

Responsibilities: 

• Apply pricing and underwriting guidelines as defined by actuarial teams for new and existing business. 
• Develop and apply working knowledge of business capabilities to inform underwriting decision-making and summarize and report underwriting activities. 
• Support product filing efforts with state insurance regulatory agencies.
• Analyze the concentration of risk on our block of business to design appropriate reinsurance solutions.
• Work with product development actuaries to facilitate analysis and escalate items related to risk-taking in the business. 
• Maintain metrics regarding pricing for new business and pricing changes for existing business.
• Utilize knowledge of our products, data and systems to create and support reports and tools used throughout the organization. 
• Build strong business knowledge of our products and processes in order to support multiple areas of the company, including Benefits, Underwriting and Corporate Actuarial as well as our external reinsurance partners. Respond to ad-hoc requests for data and analysis with clarity and urgency, anticipating customer needs. 
• Promote a culture of continuous improvement by identifying and implementing ways to enhance and streamline our processes. Document existing processes along with ideas for refinements and improvements. Support process transformation work being undertaken across actuarial areas. 

Skills and Background You’ll Need:

Education: Associate’s degree required, Bachelor’s degree preferred. 

Experience:

• Minimum 2 years experience, or the equivalent combination of education/experience.
• Proficient with MS Excel and experienced in operating calculation systems which may include business tools, actuarial systems, and custom applications.  Has knowledge of process scripting or robotics, process analysis and is able to design and produce customized reports.
• Experience working with large data sets and maintaining and troubleshooting tools developed in SAS Enterprise Guide or similar platform such as Power BI, Dataiku or Databricks.
• Working knowledge of processes and deliverables as well as the key drivers of the actuarial department and division and how this role impacts operations and results.

​Key Behaviors of a Successful Candidate

• Winning together: Builds relationships with team members and key stakeholders and actively participates in cross-functional initiatives that enhance subject matter expertise while contributing to project success.
• Customer Focus: Effective communication skills and ability to work with stakeholders throughout the organization. Anticipates customer needs and responds with clarity and urgency. 
• Improvement Mindset: Continuous learner - actively seeks out learning opportunities and demonstrates the ability to take initiative to improve existing processes.

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:

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.