Actuary

SIC Standard Insurance Company - 3000
Portland, OR Full Time
POSTED ON 1/20/2023 CLOSED ON 2/18/2023

What are the responsibilities and job description for the Actuary position at SIC Standard Insurance Company - 3000?

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. Job Summary: This role will lead special modeling projects at the whole-company level, with a focus on asset-liability management and economic value calculations. You will develop and test new methodologies to measure and inform company risks, and help to interpret the results for business management. You’ll support the education of key stakeholders and technical implementation of systems and actuarial models, with the ability to speak to technical details as well as tangible future implications. You will serve as a modeling expert capable of solving big picture problems with new and innovative solutions. Specific responsibilities include: Supporting ongoing asset-liability management projects, including the analysis of new frameworks and risk standards Implementing capital modeling methodologies for emerging industry and enterprise standards Shaping the structure of a risk-based return framework Coordinating results and analysis with an international audience Qualifications: Education/Experience: This position is the highest level of the Actuarial Candidate career path prior to promotion into a position with senior Fellowship responsibility. Prior responsible experience sufficient to have gained a seasoned actuarial business perspective required. ASA designation required. Bachelor’s degree (or equivalent combination of education and experience) in mathematics, actuarial science, business or a related field preferred. Analytical Skills: The position operates from a very seasoned vantage point resulting in "big picture" thinking, business insight, actuarial innovation and intuition, influence, and leadership. Very familiar with internal and external statistical trends, factors, issues, and data impacting underwriting results and business strategies. Leverages this knowledge and insight, combined with advanced and creative actuarial methods, to identify risks and opportunities, derive innovative solutions, and drive strategic business actions. AXIS skills strongly preferred. Independence: Demonstrated experience working independently and providing critical thought. Determines methods and procedures on new assignments with limited guidance. Provides guidance and acts as a resource/mentor to others in the actuarial career. Anticipates customer needs and takes initiative to address business challenges. Seeks continuous improvement of processes and analyses. Influence: May serve as a lead on cross department/division project teams to manage, plan, implement and/or sponsor large complex actuarial studies, pricing strategies and policies. Effective people skills in managing, influencing and resolving conflicts. Due to very advanced and sophisticated actuarial conceptual ability and highly relevant business know-how, the position works closely with Product Management and other functions within the company to achieve profitability and growth goals, and/or to provide actuarial analyses, responses and communications for various audiences inside and outside the company. Acts as a subject matter expert having frequent interaction with senior division management or other senior actuarial personnel. Exhibits effective communication skills with non-technical audience. May direct and train lower level students but is not an administrative supervisor. #LI-Remote Note: The Standard is required to provide a reasonable estimate of the salary for this role when hiring a Colorado resident. The salary for employees working in Colorado in this role is listed below. The Standard’s package also includes incentive plan participation and comprehensive benefits including medical, dental, vision, retirement, and paid time off. Please note, 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: $102,250.00 - $150,000.00 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, 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, drug test, employment, education and licensing verification as a condition of employment. All employees of The Standard must be bondable. The Standard is a family of companies dedicated to helping its customers achieve financial well-being and peace of mind. In business since 1906, we’re a leading provider of group and individual disability insurance, group life, dental and vision insurance, voluntary (employee-paid) benefits, absence management services, and retirement plans and annuities for employers and individuals. For more information about The Standard, visit www.standard.com or follow us on Facebook, Twitter or LinkedIn.

Salary : $102,250 - $150,000

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