Sr Actuary/Actuary - EB

The Standard•Portland, OR

6d•$137,000 - $200,750•Remote

About The Position

The Standard is seeking a talented Actuary to join our Employee Benefits (EB) division, supporting products such as disability, group life and AD&D, dental, and vision. In this role, you’ll influence product strategy and results, working closely with senior leadership across actuarial and multidisciplinary business teams. Responsibilities include preparing financial statements, analyzing business results, and presenting insights to business units and executive leadership. In this role, you will represent the actuarial perspective, identify key drivers and trends, and help improve processes and tools through a continuous improvement mindset. A strong attention to detail and ability to review and challenge work are critical to ensuring accurate, insightful analysis and clear executive communication. Note: This role may be filled at either of the levels noted below based upon applicable experience and career path: Actuary: Operates from a seasoned vantage point resulting in "big picture" thinking, business insight, actuarial innovation and intuition, influence, and leadership. Draws on broad and deep understanding of how economic, social, regulatory, geopolitical and industry change impacts our business. Combines this knowledge with business acumen and actuarial principles associated with own practice area to design and deliver actuarial solutions to business problems and drive strategic business actions. ASA required. Senior Actuary: Possesses broad actuarial, financial and industry expertise combined with unique product line knowledge, uses skills to contribute to the achievement of company goals. Applies broad and deep understanding of how economic, social, regulatory, geopolitical and industry change impacts our business. Combines this knowledge with business acumen and actuarial principles to identify, assess and advocate for new, innovative and market leading risk/return opportunities consistent with the Company's strategic goals. Works on significant and complex issues where analysis of situations requires evaluation of quantitative, qualitative, forward looking and organizational factors. This position requires a very experienced and knowledgeable actuarial viewpoint in a wide variety of actuarial subjects, as well as company, industry & regulatory practices. FSA Required.

Requirements

Bachelors degree
Associate of the Society of Actuaries (ASA) required
5–7 years of progressively responsible actuarial experience within insurance, demonstrating strong actuarial and business judgment
Prior hands-on experience sufficient to have gained a seasoned actuarial business perspective
Experience preparing, analyzing, and interpreting financial statements under GAAP, statutory, and/or tax reporting frameworks
Proven ability to partner with actuarial and business leaders to assess profitability, trends, and risk drivers across complex products
Demonstrated experience reviewing, challenging, and validating actuarial analyses to ensure quality and sound conclusions
Hands-on experience developing analytical tools and models using programming languages (SAS preferred, or similar experience with Python, C++, Power BI)
Strong financial, analytical, and conceptual skills, including evaluation of economic, market, and competitor data
Advanced Excel skills, including VBA and macro development
Working knowledge of regulatory considerations impacting actuarial and financial reporting

Nice To Haves

Fellowship progress or FSA strongly preferred
Employee benefits experience preferred

Responsibilities

Preparing financial statements
Analyzing business results
Presenting insights to business units and executive leadership
Representing the actuarial perspective
Identifying key drivers and trends
Improving processes and tools through a continuous improvement mindset
Reviewing and challenging work to ensure accurate, insightful analysis and clear executive communication
Contributing to the achievement of company goals
Identifying, assessing and advocating for new, innovative and market leading risk/return opportunities consistent with the Company's strategic goals
Evaluating situations requiring quantitative, qualitative, forward-looking and organizational factors
Providing a knowledgeable actuarial viewpoint in a wide variety of actuarial subjects, as well as company, industry & regulatory practices
Developing networks across the department/division
Managing projects, working with stakeholders and resolving conflicts
Providing leadership in key areas of responsibilities
Negotiating and influencing management decision making
Acting independently to determine methods and procedures on new assignments
Serving as a resource/mentor to others in the actuarial career
Providing thought leadership in key areas of responsibilities
Exceeding customer needs
Thinking innovatively and bringing ideas to life
Seeking continuous improvement
Proactively identifying business issues and developing solutions to resolve them
Assessing business recommendations from a strategic viewpoint

Benefits

Medical insurance
Dental insurance
Vision insurance
401(k) plan with matching company contributions
Annual incentive bonus plan
Generous paid time off
11 holidays
2 wellness days
8 volunteer hours annually
Paid parental leave
Adoption/surrogacy assistance
Employee giving program that double matches donations to eligible nonprofits and schools