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 Actuarial Department’s Valuation, Data and Projections team. In this role, you will be responsible for completing monthly valuation processes, the development and maintenance of tools and resources used throughout Employee Benefits division and responding to ad-hoc data and analysis requests from both internal and external customers.
Principal duties and responsibilities:
Assist in the monthly calculation of reserves across our product lines, ensuring accuracy and timeliness with an eye toward continuous improvement.
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.
Qualifications Required:
Education: Bachelor’s degree.
Experience:
- Four or more years of experience in the insurance industry, as an actuarial or business analyst or equivalent combination of education/experience.
Proficient with MS Excel. 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.
Willingness to become familiar with emerging technologies.
Effective communication skills and ability to work with stakeholders throughout the organization.
Low-ego, team-oriented, collaborative approach.
#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:
$62,750.00 - $92,000.00Standard 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.
Working at
The Standard
The Standard is a financial services company that specializes in providing insurance, retirement, and investment solutions for individuals and businesses. With headquarters in Portland, Oregon, The Standard has been in operation since 1906, and has a strong reputation for its commitment to customer service and innovation. Working at The Standard means being part of a team that values diversity, inclusion, and collaboration. The company offers a range of career opportunities for individuals at all stages of their professional journey, from entry-level positions to senior leadership roles. The Standard is committed to providing its employees with the resources and support they need to grow and succeed in their careers. The Standard offers a comprehensive benefits package that includes medical, dental, and vision insurance, 401(k) matching, and paid time off. The company also offers a number of other unique benefits, including wellness programs, employee assistance programs, and an employee stock purchase plan. In addition to its commitment to its employees, The Standard is also committed to making a positive impact on society and the environment. The company has a strong corporate social responsibility program that focuses on supporting local communities, promoting sustainability, and fostering diversity and inclusion. If you are looking for a career in the financial services industry, The Standard is an excellent choice. The company is committed to its employees and customers, and is dedicated to making a positive impact on the world. With a supportive and collaborative work environment, competitive compensation and benefits packages, and opportunities for professional growth and development, The Standard is a great place to build a meaningful and rewarding career.