Director and Actuary (CARM/ERM)

The next part of your journey is right around the corner — with The Standard.

A genuine desire to make a difference in the lives of others is the foundation for everything we do. With a customer-first mindset and an intentional focus on building strong teams, we’ve been able to uphold our legacy of financial stability while investing in new, innovative technologies that support the needs of our customers. Our high-performance culture focused on operational excellence thrives thanks to remarkable people united by compassion and a customer-first commitment. Are you ready to make a difference?

Job Summary

As Director and Actuary within the Enterprise Risk Management (ERM) and Governance team in Corporate Actuarial and Risk Management (CARM), you’ll play a key role on important initiatives for the company and the actuarial practice as a whole. You will have direct responsibility for key aspects of risk management including model governance and assumption governance, reporting of key metrics, targets and tolerances, development of corporate risk management policies and procedures, and supporting business units with product development, pricing and other actuarial functions.

This position interfaces with our four main product lines, and with colleagues within the broader CARM team including ALM, Actuarial Modeling and Actuarial Transformation. You will also prepare reports for and occasionally deliver presentations to the Chief Actuary, Chief Risk Officer, Chief Financial Officer, and other top executives throughout the company.  This position is also expected to play an integral role in the broader actuarial community, leading committees, events, and initiatives.

You will approach business challenges from a broad corporate perspective and anticipate and remove barriers to accomplish business objectives. The ideal candidate will have the ability to effectively collaborate and communicate with a wide range of functions and will also bring a strong technical background.

Occasional travel for planning purposes, team building, or conferences may be required. 

Skills and Background You’ll Need:

Education: Bachelor’s degree (or equivalent combination of education and experience) in mathematics, actuarial science, business or a related field preferred. 

Certification:

• ASA designation, or equivalent, required with 7-10 years of actuarial work experience.
• FSA preferred

Skills:

• Experience working on significant and complex issues where analysis of situations requires evaluation of quantitative, qualitative, forward looking and organizational factors.
• Prior experience providing leadership in key areas of responsibility and serving as a trusted resource to the division.  
• Solid foundation in providing guidance & counsel to the top actuaries within the Product Group/Line of Business, or Market Segment, and understanding of the analysis within their area of domain expertise.
• Demonstrated experience developing and executing on business needs within an actuarial function.
• Understanding of insurance product dynamics, ideally across retirement, annuities, life, and disability insurance. (highly preferred)
• Experience with actuarial modeling, M&A, LDTI, asset adequacy testing and valuation. (highly preferred)
• Demonstrated success leading complex, cross-functional initiatives with enterprise impact.

Key Behaviors of a Successful Candidate:

• Winning together: 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. 

• Driving success: Ability to drive team performance to goals. Provides training and development to immediate team members.  Significant role as a resource/mentor to others in the actuarial team. Creates clarity, sets bold goals, and champions execution with a sense of purpose and urgency.

• Improvement Mindset: 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.  Constantly pursue exceptional results that take us “next level.”

• Strategic Visioning: Uses market data and knowledge of business model to develop new strategies, connect goals to enterprise vision, and identify criteria to measure success.

• Engaging Hearts & Minds: Fosters empowered, collaborative teams and cultivates trusted relationships across functions.

#LI-Remote

We have built an enduring legacy of stability, financial strength and exceptional customer service through the contributions of the service-oriented 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 medical, dental, vision and a 401(k) plan with matching company contributions

• An annual incentive bonus plan

• Generous paid time off including 11 holidays, 2 wellness days, and 8 volunteer hours annually — PTO increases with tenure

• A supportive, responsive management approach and opportunities for career growth and advancement 

• Paid parental leave and adoption/surrogacy assistance

• An employee giving program that double matches your donations to eligible nonprofits and schools

In addition to the competitive salary range below, our employee-focused benefits support work-life balance. Learn more about working at The Standard.

• Eligibility to participate in an incentive program is subject to the rules governing the program and plan. Any award depends on a variety of factors including individual and organizational performance.

Salary Range:

Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Mortgage Investors, LLC, StanCorp Investment Advisers, Inc., and American Heritage Life Insurance Company and American Heritage Service Company, 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. Except where precluded by state or federal law, The Standard will consider for employment qualified applicants with arrest and conviction records pursuant to the San Francisco Fair Chance Ordinance. 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 The Standard's 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 and employment, education and licensing verification as a condition of employment. All employees of The Standard must be bondable.