Actuarial Associate III-IV

March 18

🌲 Oregon – Remote

Although this job is listed in Oregon, this company may be open to hiring remote in other states.

💵 $92.3k - $135.3k / year

⏰ Full Time

🟢 Junior

🟡 Mid-level

📊 Actuary

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The Standard

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The Standard is a comprehensive provider of insurance, retirement, and investment products and services, targeting individuals, families, businesses, and organizations. Based in Portland, Oregon, and part of the StanCorp Financial Group, Inc. , The Standard offers products such as life and disability insurance, annuities, vision and dental coverage, and retirement plans. Their solutions aim to facilitate financial wellness and enable effective benefits administration, catering to clients of all sizes. The company is renowned for its people-first commitment and innovative partnerships, contributing to a seamless customer experience.

Group and individual disability insurance • Group life insurance • AD&D, vision and dental insurance • retirement plans products and services • individual annuities and investment advice.

1001 - 5000 employees

Founded 1906

💸 Finance

👥 HR Tech

📋 Description

• The Individual Annuity Actuarial financial reporting team is responsible for valuation, financial reporting, experience analysis, and assumption setting • This role will report to the Senior Director and function as a partner to senior actuaries, financial professionals, and executives leading planning, projections, experience studies, and assumption setting • Planning and Projection: Develop and maintain planning models and tools • Collaborate with pricing, valuation, finance, sales, and other functional areas to develop annual business plan and other projection analysis to help monitor business performance • Actuarial/Expected Experience Studies: Gather, analyze, and develop strong understanding of customer retention, mortality, and expense trends utilizing company, industry, and market data • Maintain and enhance experience study models used to monitor experience and update assumptions • Summarize findings and provide quantitative knowledge for emerging trends • Support the experience analysis and reporting required under VM-22, US Statutory principle-based reserves standards (VM22) for fixed annuities • Data Analysis/Information Systems: Extract, analyze and prepare data for use in actuarial analysis • Analyze, interpret, and present numerical data related to pricing and other actuarial analysis • 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 • Independence: Determines methods and procedures on new assignments with some guidance • Emerging skills as a mentor and resource to entry-level actuaries • Anticipates customer needs and takes initiative to address business challenges

🎯 Requirements

• Education: Bachelor’s degree in mathematics, actuarial science, business, or a related field • Experience: Proficient in MS Office and familiarity with actuarial tools and systems • Experience with Individual Annuity or other annuity products highly preferred • US Statutory and US GAAP, PowerBi, Python, SQL, and GGY AXIS experience preferred but not required

🏖️ Benefits

• 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!