Actuary - Product Pricing & Risk Management (Stable Asset Fund)

At The Standard, you'll join a team focused on putting our customers first.

Our continued success is driven by a high-performance culture. We're looking for people who are collaborative, accountable, creative, agile and are driven by a passion for doing what's right - across the company and in our local communities.

We offer a caring culture where you can make a real difference, every day.

Ready to reach your highest potential? Let's work together.

The Standard seeks a talented actuary (FSA or near-FSA) to support the Stable Asset Fund business within the Retirement Plans division. As a member of the team, you will have a key role in measuring performance and assessing / managing risk of our growing Inforce business. Additionally, you will have opportunities to collaborate with other team members and actuaries within the organization on initiatives supporting new business.

Job Summary:

• Inforce management including profitability assessment, competitive analysis, experience studies, & spread margin analytics

• Pricing and product development (traditional stable value applications as well as new and adjacent markets) & Portfolio optimization

• Contract management and actuarial filing support

Skills and Background You'll Need:

• Bachelor's degree in actuarial science, mathematics, or related field

• FSA or near-FSA

• Experience with retail or institutional spread-based insurance products

• Knowledge of asset-liability management techniques and investment strategies

• Actuarial modeling software experience, preferably GGY Axis

• Advanced Excel (required), Python, Tableau or Power BI or similar experience preferred

• Minimum 4 years progressively responsible actuarial experience

Key Behaviors of a Successful Candidate:

• Winning together: Strong communication and stakeholder management skills. Effectively collaborates with others to evaluate, understand and quantify trends and risk.

• Driving success: Self-starter who works independently and takes initiative. Excellent organizational skills with strong attention to detail and ability to prioritize and drive results with a strong process improvement mentality.

• Adaptability: Able to navigate through significant and complex topics using strong analytical skills

Why join The Standard?

We have built an enduring legacy of stability, innovation and financial strength thanks to the contributions of the talented, creative and compassionate 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 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!

#LI-Remote

Please note - the salary range for this role is listed below. In addition to salary, our package includes incentive plan participation and comprehensive benefits including medical, dental, vision and retirement benefits, as well as an initial PTO accrual of 164 hours per year. Employees also receive 11 paid holidays and 2 wellness days per year.

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

Salary Range:

$125,500.00 - $184,000.00

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 Equities, Inc. and StanCorp Investment Advisers, Inc., 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. 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 Standard 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, employment, education and licensing verification as a condition of employment. All employees of The Standard must be bondable.