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.

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 Standard seeks a Valuation/Modeling Actuary to join Individual Disability valuation team. In this role, you assist in preparing statutory and GAAP financial statements including over $1 billion of reserves, as well as analyzing and explaining results to senior management.  You will also assist with the transition from FAS 60 GAAP accounting to Long Duration Targeted Improvement (LDTI) accounting.

Duties to include:

• Preparing monthly and quarterly financial statements.
• Analyze results and prepare senior management with key drivers.
• Provide senior management with necessary information to make key business decisions.
• Help develop reporting metrics under LDTI to help management understand trends in the business.
• Using new Cloud based systems work to build out LDTI reporting processes and controls.
• Work with internal and external auditors on key controls.
• Prepare state and rating agency surveys.
• Continue to keep current on changes to valuation and regulatory developments.

Valuable:

• R, Python or SQL programming.
• Experience with Moody’s AXIS modeling platform
• Individual Disability insurance, LTC or LTD experience.
• Associate of the Society of Actuaries (ASA) or Fellow of the Society of Actuaries (FSA).

Competencies You Possess:

Education/Experience:

• This position is the highest level of the Actuarial Candidate career path prior to promotion into a position with senior Fellowship responsibility.
• Prior responsible experience sufficient to have gained a seasoned actuarial business perspective required. ASA designation required.
• Bachelor’s degree (or equivalent combination of education and experience) in mathematics, actuarial science, business or a related field preferred.

Analytical Skills:

• The position operates from a very seasoned vantage point resulting in "big picture" thinking, business insight, actuarial innovation and intuition, influence, and leadership.
• Very familiar with internal and external statistical trends, factors, issues, and data impacting underwriting results and business strategies.
• Leverages this knowledge and insight, combined with advanced and creative actuarial methods, to identify risks and opportunities, derive innovative solutions, and drive strategic business actions.

This role may also be filled at an Actuarial Associate III level based on candidate's skills & experience.

Independence:

• Determines methods and procedures on new assignments with limited guidance.
• Provides guidance and acts as a resource/mentor to others in the actuarial career.
• Anticipates customer needs and takes initiative to address business challenges.
• Seeks continuous improvement of processes and analyses.

Influence:

• May serve as a lead on cross department/division project teams to manage, plan, implement and/or sponsor large complex actuarial studies, pricing strategies and policies.
• Effective people skills in managing, influencing and resolving conflicts.
• Due to very advanced and sophisticated actuarial conceptual ability and highly relevant business know-how, the position works closely with Product Management and other functions within the company to achieve profitability and growth goals, and/or to provide actuarial analyses, responses, and communications for various audiences inside and outside the company.
• Acts as a subject matter expert having frequent interaction with senior division management or other senior actuarial personnel.
• Exhibits effective communication skills with non-technical audience. May direct and train lower-level students but is not an administrative supervisor.

#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:

$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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