Sr. Director, Actuary - IA Financial Reporting

The Standard • Portland, OR

6d • Remote

About The Position

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? As the Sr. Director, Individual Annuities team, you’ll have direct responsibility for key aspects of Individual Annuities (IA) actuarial operations including financial reporting, valuation, financial planning, strategy support, operational support, and ad-hoc research projects. This role will lead a team of onshore and offshore credentialed actuaries and actuarial students. You’ll put your strategic thinking to work as you drive our financial planning and strategy projections, reflecting reinsurance impacts, incorporating new products, and performing sensitivity analysis. In addition to managing our FP&A function, this role will require oversight of our financial close, including all relevant analysis, controls, and governance. This role is key to ensuring the integrity of both GAAP and Statutory financial results. You’ll partner with key stakeholders including IA’s Division Head, Sales and Marketing team, Pricing and Rate Setting team, Operations, Corporate Actuarial and Finance leadership, and IT. This role provides a unique opportunity to drive business results as IA continues to grow its product suite and distribution footprint.

Requirements

• Education: Bachelor’s degree or equivalent combination of education and experience in: Mathematics, Actuarial Science, Business or a related field is preferred.
• FSA designation required
• Experience: Eight or more years of actuarial experience with increasing levels of responsibility.
• Proven experience in the overall management and technical oversight of senior actuarial individual contributors and/or teams of actuarial staff and driving actuarial team performance to defined business objectives.
• Prior experience and solid understanding of regulatory issues and applicability to the division and ongoing monitoring & tracking of the dynamic environment in the industry.
• Experience with fixed / indexed individual rate setting.
• Strong technical background including depth in risk analysis and assessment, valuation, planning, actuarial modeling (AXIS experience strongly preferred), and strong technical communication skills.

Responsibilities

• Providing formal leadership and thought leadership for the division and 9 onshore and offshore team members while championing cross training and process documentation of each product’s reporting processes.
• Driving VM22 implementation, including overseeing modeling implementation, roadmap, and governance framework.
• Overseeing IA’s financial planning process, coordinating updates with partners, and ensuring clear and effective communication for key stakeholders, including senior leadership and corporate partners.
• Supporting strategy projections, enterprise capital strategy, and investment strategy analysis, as well as supervising annual model assumption updates and related experience studies.
• Facilitating reinsurance analysis to support sales growth, profitability, capital efficiency, and distribution footprint expansion.
• Driving efficient use of offshore teams for routine financial reporting processes and ad-hoc business support activities.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Number of Employees: 1,001-5,000 employees