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The Standard

The Standard

Director & Actuary - Risk Measurement

Director & Actuary - Risk Measurement

Job Details
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Uploaded On
March 16, 2024
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Location
Portland, OR
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Remote?
No
Company Overview
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Headquarters
Portland, OR
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Number of Employees
3400
Estimated Number of Actuaries
111
Salary
$
140
k-$
224
k
Glassdoor Ratings
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Recommend to a Friend
80%
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Overall Score
3.9 / 5

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:

The person in this role will lead a small team of corporate modelers. 

You'll provide , coaching, training and development to a professional individual contributors including training, development and coaching.  You'll establish a high performance environment for the team.

Gather, analyze and develop strong understanding of profitability, growth, ALM requirements,  risk, customer retention, and expense trends, utilizing company,  industry and capital market data as necessary.  Create and maintain models used in the analysis of ALM, risk management, income projection and regulatory requirements.  Communicate findings to management and provide quantitative knowledge for business/investment/financial strategies.   

Cross Collaboration:  Communicate and collaborate with various departments across the organization to meet business needs.  Using data and analysis, provide strategic guidance in influencing management decision making. 

Education/Experience:  Bachelor’s degree in mathematics, actuarial science, business or a related field. , Master' preferred.  10 to 15 years of actuarial years experience in the actuarial field or the equivalent combination of education and/or experience.  FSA designation required. 

Analytical Skills:  Having broad actuarial, financial and industry expertise combined with unique product line knowledge, uses skills to contribute to the achievement of company goals.  Works on significant and complex issues where analysis of situations requires evaluation of quantitative, qualitative, forward looking and organizational factors.   

Management Skills:  Drives team performance to goals. Provides training and development to immediate team members.  Significant role as a resource/mentor to others in the actuarial career. Thinks innovatively, brings ideas to life, and seeks continuous improvement.  Approaches business challenges from a broad corporate perspective,. Anticipates and removes barriers to accomplish business objectives. 

Influence:  Develops networks across the department/division.  Exhibits effective communication and people skills in managing projects, working with stakeholders and resolving conflicts.  Viewed as a resource to the division, providing  leadership in his/her key areas of responsibilities.  Subject matter expert with the ability to negotiate and influence management decision making. 

#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:

$140,000.00 - $224,000.00

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 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.

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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.