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The Standard

The Standard

Actuary

Actuary

Job Details
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Uploaded On
January 16, 2023
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Location
Remote
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Remote?
Yes
Company Overview
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Headquarters
Portland, OR
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Number of Employees
3400
Estimated Number of Actuaries
111
Salary
$
102
k-$
150
k
Glassdoor Ratings
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Recommend to a Friend
80%
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Overall Score
3.9 / 5

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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.

This role will be supporting the collaboration with our parent company on emerging risk and capital metrics. In addition to regular capital reporting requirements, you will be responsible for analyzing and helping implement the technical requirements of the Insurance Capital Standard (ICS) in a method tailored to the needs of The Standard, as well as developing a framework to use and interpret the results for business management. You’ll support the education of key stakeholders and technical implementation of systems and actuarial models. You’ll help with the implementation of our approach to ICS across all our actuarial departments.

Specific Responsibilities include providing support to:

  • The ongoing calculation, reporting, and explanation of risk capital.
  • The process improvement and theory behind capital calculations.
  • Help coordinate capital methodology with emerging industry and enterprise standards.
  • Develop a risk-based return framework.
  • Implement our approach to economic value theory and practice.

Qualifications:

  • ASA/FSA preferred. We seek an Actuarial Associate or Actuary.
  • AXIS skills strongly preferred.
  • Demonstrated experience working independently and providing critical thought.
  • Ability to work collaboratively.
  • Strong communication skills.

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:

$102,250.00 - $150,000.00

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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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.

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