Director Actuary

About the role

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: The Standard   seeks   a talented, experienced actuary with strong   life pricing experience   to join our   voluntary benefits   division. You will   lead a high - performing team of actuaries and students.  You will   leverage   your skillful relationship management as you partner with key internal stakeholders and product line leaders.    You’ll   be involved in   ensuring the profitability o f   the   voluntary   life products   and will serve as the illustration actuary which carries annual reporting responsibilities.  The missing piece is you, bringing your vision,   expertise, and energy.     Areas of focus for you will include       Management: Direct and control the activities within a defined area of actuarial analysis or responsibility.    Provide direct supervision to professional individual contributors including training,   development   and coaching.    Establish a high-performing environment, fostering collaboration within the team.    Identify   workforce needs and ensure alignment with corporate manager expectations,   values   and vision.     Pricing/Underwriting: Manage the development of pricing for premium rates and fees.    Analyze emerging   profit   as compared to pricing assumptions.    Perform specialized pricing/underwriting for large cases or unique blocks of business.       Actuarial/Experience Studies: Gather,   analyze   and develop   strong   understanding of profitability, growth, risk, customer retention, and expense trends,   utilizing   company,   industry   and capital market   data   as necessary.    Create and   maintain   models used in analysi s, risk management, income   projection   and regulatory requirements.    Communicate findings to management and provide quantitative knowledge for business/investment/financial strategies.         Product Development:   Collaborate with sales, marketing and other functional areas on the financial soundness and   design   of new products.    Research,   design   and implement new products or product enhancements.    Analyze new product profitability to achieve corporate/division income and growth goals.      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.     Traits of a Successful Candidate     Education/Experience:   Experience with GGY AXIS   preferred.   Group   or Individual   Life   pricing   experience   strongly   preferred.   Prior experience sufficient to have gained a seasoned actuarial business perspective, particularly including pricing design and strategy. FSA designation   required. Attaining Fellowship alone is not a   sufficient criterion   to   operate   at this level.   Bachelor’s degree (or equivalent combination of education and experience) in mathematics, actuarial science, business, or a related field preferred.     Analytical Skills:   Thinks   innovatively, brings ideas to life, and seeks continuous improvement.   Contribute 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.     Influence:   Communicate and collaborate with various departments across the organization to meet business needs.   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.     Decision Making:   Acts independently to   determine   methods and procedures on new assignments. Significant role as a resource/mentor to others in the actuarial career. ​ Primarily responsible for developing and   executing on   business needs within an actuarial function.   #LI-Remote Why Join The Standard? 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. The actual compensation for this role will be based on a combination of education and experience, knowledge and skills, position budget, internal equity, and market data. Salary Range: $147,750.00 - $236,000.00 Positions will be posted for at least 5 days from original posting date. 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. After any conditional offer of employment is made, the background check will include an individualized assessment based on the applicant’s specific record and the duties and requirements of the specific job. Applicants will be provided an opportunity to explain and correct background information. All employees of The Standard must be bondable.