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.

Acceptance to a position in this job family constitutes participation in the Actuarial Student Program at The Standard. The mission of the Actuarial Student Program is to grow actuarial knowledge, business acumen and leadership skills in our Actuaries to enable the achievement of organizational goals. Actuarial students are expected to progress through the levels of the job family based on academic/exam achievements and by developing their analytical skills, independent decision making, and effective communication and leadership skills.

Job Summary:

The Standard seeks a talented actuary to join the Asset Liability Management (ALM) team. In this role, you will be focused on ALM, including equity hedging, key rate duration, interest rate hedging, and asset reporting for the entire company.

Principal duties and responsibilities include:

• Responsible for equity hedging program for Fixed Indexed Annuity from an ALM perspective.
• Responsible for Key Rate Duration reporting.
• Contribute to the preparation, review, and analysis of various reports related to ALM.
• Document existing processes along with ideas for model/assumption refinements and process improvements.
• Collaborate with subject matter experts across the company in order to ensure that ALM results are aligned with company operations and expectations.
• Promote a culture of continuous improvement by identifying ways to enhance and streamline our processes.

Your studies will be supported through our actuarial student development program. This position is part of our student rotation program, meaning you will have the opportunity to rotate to an actuarial role in one of our three other distinct product lines or to our corporate actuarial department.

Qualifications Required:

• Bachelor’s degree in mathematics, statistics, actuarial science, business, related fields, or comparable work experience required.
• Minimum ASA completed.
• Minimum three or more years of experience in the actuarial field.
• Intermediate to advanced Excel Skills.

Qualifications Desired:

• Experience in Asset Liability Management/ Hedging.
• Effective communication and presentation skills.
• Programming experience (Python preferred).

Competencies You Possess:

• Excellent organizational skills with strong attention to detail.
• Ability to work independently and take initiative.
• Intellectual curiosity regarding the story behind the numbers.
• Understanding of materiality of analytical results.
• Sensitivity to deadlines and time constraints.
• Effective communication skills that instill confidence with internal and external audiences.
• Ability to translate complex concepts into meaningful and actionable information.
• Skill in building effective partnerships/coalitions with colleagues.
• Low-ego, team-oriented, collaborative approach.
• Strong analytical, conceptual, and critical thinking skills with a solutions-oriented mindset.

The Standard Culture

The Standard values a diverse and engaged workforce. You’ll find the environment provides complex intellectual challenges as well as excitement as you share in the success of the company’s forward moving plans. The Standard fosters innovation, builds collaboration, and pursues excellence.  You’ll experience an open and welcoming environment with authentic people who are thoughtful and intentional with high integrity.  You’ll find a very collaborative approach when it comes to planning and decision making.  You’ll have the independence to achieve results within the framework of the values and culture of the organization. In a culture that places high value on continuous improvement and possibilities, your ideas and insights regarding creative and innovative approaches are expected and encouraged.

The Company

Based in Portland Oregon with over 3,000 employees, The Standard is a leading provider of financial products and services. These include group and individual disability insurance, group life and accidental death and dismemberment insurance, group dental and vision insurance, absence management services, retirement plans products and services, individual annuities, and origination and servicing of fixed rate commercial mortgage loans.

#LI-Remote

Note: The Standard is required to provide a reasonable estimate of the salary for this role when hiring a Colorado resident. The salary for employees working in Colorado in this role is listed below. The Standard’s package also includes incentive plan participation and comprehensive benefits including medical, dental, vision, retirement, and paid time off.  

• Please note, 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:

$88,250.00 - $129,500.00

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, 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, drug test, employment, education and licensing verification as a condition of employment. All employees of The Standard must be bondable.

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