Director Actuary

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 seeksa talented, experienced actuary with stronglife pricing experienceto join ourvoluntary benefitsdivision. You willlead a high-performing team of actuaries and students.  You willleverageyour skillful relationship management as you partner with key internal stakeholders and product line leaders. You’llbe involved inensuring the profitability ofthevoluntarylife productsand will serve as the illustration actuary which carries annual reporting responsibilities.  The missing piece is you, bringing your vision,expertise, and energy.

Areas of focus for you will include

Management:

Direct and control the activities within a defined area of actuarial analysis or responsibility. Provide direct supervision to professional individual contributors including training,developmentand coaching. Establish a high-performing environment, fostering collaboration within the team. Identifyworkforce needs and ensure alignment with corporate manager expectations,valuesand vision.

Pricing/Underwriting:

Manage the development of pricing for premium rates and fees. Analyze emergingprofitas compared to pricing assumptions. Perform specialized pricing/underwriting for large cases or unique blocks of business.

Actuarial/Experience Studies:

Gather,analyzeand developstrongunderstanding of profitability, growth, risk, customer retention, and expense trends,utilizingcompany,industryand capital marketdataas necessary. Create andmaintainmodels used in analysis, risk management, incomeprojectionand regulatory requirements. Communicate findings to management and provide quantitative knowledge for business/investment/financial strategies.

Product Development:

Collaborate with sales, marketing and other functional areas on the financial soundness anddesignof new products. Research,designand implement new products or product enhancements. Analyze new product profitability to achieve corporate/division income and growth goals.

Cross Collaboration:

Communicate and collaborate with various departments across the organization to meet business needs. Using data and analysis, provide strategic guidance in influencing management decision making.

Traits of a Successful Candidate

Education/Experience:

- Experience with GGY AXISpreferred.

- Groupor IndividualLifepricingexperiencestronglypreferred.

- Prior experience sufficient to have gained a seasoned actuarial business perspective, particularly including pricing design and strategy.

- FSA designationrequired. Attaining Fellowship alone is not asufficient criteriontooperateat this level.

- Bachelor’s degree (or equivalent combination of education and experience) in mathematics, actuarial science, business, or a related field preferred.

Analytical Skills:

- Thinksinnovatively, brings ideas to life, and seeks continuous improvement.

- Contribute broad actuarial, financial and industryexpertisecombined with unique product line knowledge.

- Usesskills to contribute to the achievement of company goals.

- Works on significant and complex issues where analysis of situations requires evaluation of quantitative, qualitative,forward lookingand organizational factors.

Influence:

- Communicate and collaborate with various departments across the organization to meet business needs.

- Serves as a lead on key projects and initiatives.

- Exhibits effective communication and p