Mgr., Actuary - EB Modeling & Projections

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 talented Actuary to join the Employee Benefits Actuarial Modeling & Projections team.

In this role you will lead a GGY AXIS Modeling team, focusing on managing deliverables for numerous processes including Cashflow Testing, Economic Capital, ALM, Japanese Financial Services Agency (JFSA) Pillar 1 and 2 reporting, and model and assumption change governance.

The modeling team also stewards a model that is used for LDTI and Statutory valuation. As part of the role, you will get hands on experience with new data warehousing and automation technologies including Databricks and Dataiku. 

Responsibilities:

• Lead the development and analysis for projection model reporting for the team, including model change management of models used in analyzing ALM, JFSA, Cash Flow Testing, Economic Capital, Cash Flow Testing, and etc.
• Collaborate with across the organization, ensuring modeling solutions meet the needs of stakeholders in governance and the product line.
• Ensure projection models are timely and accurate, meeting necessary controls.
• Communicate projection model results to management to assist and influence corporate and divisional financial strategies.

 Skills and Background You’ll Need:

Education: 

• Bachelor’s degree in mathematics, actuarial science, business or a related field preferred. 
• FSA designation required.  

Experience:

• Six or more years’ progressive experience in the actuarial field
• Experience with GGY Axis, Python, & SQL, advanced skills in Excel, (Power BI -preferred)
• Prior experience with Disability/Employee benefits products (highly preferred)

Key Behaviors of a Successful Candidate

• Winning together: Develops networks across the department/organization.  Serves as a lead on key projects and initiatives.  Exhibits effective communication and people skills in managing projects, working with stakeholders and resolving conflicts.  Subject matter expert with the ability to negotiate and influence management decision making. 
• Driving success: 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. 
• Engaging Hearts & Minds: Significant role as a resource/mentor to others in the actuarial career. Viewed as a key resource to the division and providing leadership in their key areas of responsibilities. 
• Improvement Mindset: Acts independently to determine methods and procedures on new assignments.  Strives to exceed customer needs.  Thinks innovatively, brings ideas to life, and seeks continuous improvement. 

Why join The Standard?

We have built an enduring legacy of stability, innovation and financial strength thanks to the contributions of the talented, creative and compassionate people who choose to work at The Standard. To ensure we can attract and retain the best talent, when you join The Standard you can expect:

• A rich benefits package including a 401(k) plan with matching company contributions
• An annual incentive bonus plan
• Generous paid time off
• A supportive and responsive management approach
• Opportunities for career growth and advancement 
• Paid time off to volunteer
• An employee giving program that double matches your donations to eligible nonprofits and schools
• Much more!

#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:

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.