Actuary - RP Modeling
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 actuary to join our Retirement Plan (RP) projection modeling team. This role has a strong focus on ad-hoc and what-if analyses, new business model development, and strategic business initiatives. You will partner closely with modeling leaders and stakeholders to evaluate emerging opportunities, develop new modeling capabilities, and provide actuarial insights that support business growth, profitability analysis, risk management, and decision making.
Key Responsibilities:
- Support Retirement Plan (RP) projection modeling, including recurring projections, model enhancements, and actuarial analyses.
- Develop and maintain GGY AXIS models to support financial reporting, risk management, business planning, and strategic initiatives.
- Lead model development efforts for new business opportunities, product enhancements, and evolving regulatory requirements.
- Perform complex or innovative ad-hoc analyses and communicate actionable insights to Product Line, Finance, Risk Management, and senior leadership.
- Serve as a steward for assigned models by ensuring appropriate governance, testing, documentation, and control standards.
- Support ALM, Cash Flow Testing (CFT), Effective Duration, and other projection-based risk and profitability analyses.
Skills and Background You’ll Need:
Education: Bachelor’s degree (or equivalent combination of education and experience) in mathematics, actuarial science, business or a related field required
Certification: ASA designation required; FSA preferred.
Experience:
- 5+ years of actuarial experience with demonstrated expertise in actuarial projection modeling.
- Developing and maintaining projection models supporting Retirement Plans, Individual Annuities, or similar long-duration insurance products.
- Understanding of Asset Liability Management (ALM), Cash Flow Testing (CFT), projection-based risk analysis, and Retirement Plan or Individual Annuity products.
- Prior experience supporting new business initiatives, model development, and complex ad-hoc actuarial analyses.
- Ability to translate business questions into modeling solutions and communicate results to both technical and non-technical audiences.
Skills:
- Strong hands-on GGY AXIS experience (required)
- Advanced skills in Excel (required)
- Python, Power BI, VBA experience (preferred)
Key Behaviors of a Successful Candidate:
Driving Success: Has broad actuarial knowledge and uses those skills to contribute to the achievement of team & company goals. Works on significant and complex issues where analysis of situations requires evaluation of quantitative, qualitative, forward-looking, and organizational factors.
Winning Together: Excellent verbal and written communication skills with the ability to build trust and effective partnerships with the team and stakeholders across the organization. Fosters teamwork, maximizes efficiencies, and works to promote collaboration and to deliver exceptional customer experiences. Provides coaching and learning guidance to less experienced student actuaries as a mentor that leads without formal leadership responsibilities.
Improvement Mindset: Acts independently to determine methods and procedures on new assignments. Thinks innovatively and brings ideas to life, while seeking continuous improvement. Proactively identifies business issues