Vice President, Actuary - Life, Absence and Disability Benefits (LAD)
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 Vice President, LAD Actuary is accountable for the actuarial leadership and profit management of The Standard ’s$4 billionLife, Absence and Disability business. This role owns pricing, reserving, profitability analysis, actuarial strategy, financial reporting, and planning. This role partners closely with Underwriting and Sales to drive profitable growth whilemaintainingdisciplined risk management. The VP LAD Actuary serves as key strategic and financial advisor on growth strategies, M&A, market expansion, and member of LAD Executive team to drive best in class profit management, product/service delivery, customerexperienceand market leadership.
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Employees in this role are eligible for fully remote work.Occasional travel only (suchas forplanning purposes, team building, or conferences) may berequired.
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Full salary range listed below. Based on listed skills/experience, the anticipated starting salary for this role will be between $280,000 & $350,000.
Skills and BackgroundYou’llNeed
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Actuarial Strategies: Develop actuarial strategies to support profitable growth. Partner with Sales and Underwriting to drive sales, customerretentionand cross sell. Integrate actuarial insights into business strategies and collaborate effectively with LAD Executive team to achieve profitable growth and competitive advantage. Elevate the Actuarial function as a strategic partner across the Enterprise.
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Pricing, Reserving & Risk Management: Oversee the development of pricing strategies for LAD products to ensure competitive pricing and achieve profitability targets. Manage the reserving process to ensure balance sheet strength. Ensure compliance with regulatory requirements and industry standards for pricing and reserving. Drive risk management with Underwriting and develop reinsurance partnerships.
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Financial Reporting & Analysis: Oversee the preparation and dissemination of actuarial and financial reports. Analyze financial and operational performance to provide insights and drive business actions. Communicate financial results, drivers and business actions to senior management and key stakeholders.
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Financial Planning, Modeling and Strategy: Oversee financial planning process and model development that combines current business performance, businessactionsand external drivers of results. Develop and execute financial strategies to support the company’s growth and profitability objectives. Drive expense management in partnership withFinanceteam.
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Acquisitions & Business Partnerships: Partner with Corporate Development team to assess M&A or Partnership opportunities, drive deal value model development, anddeterminevalue from business synergies.
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Leadership: Lead and develop the actuarial team, fostering a culture of high performance and continuous improvement. Provide mentorship and coaching to team members, promoting professional development and growth. Drive actuarial innovation and best in class actuarial practices. Translate complex actuarial insights into clear, actionable operational and strategic guidance for non-technical stakeholders.Collaborate effectively with other departments to execute business actions, achieve performance targets, andenhance competitiveadvantage. Foster a culture of accountability, continuous learning, and collaboration across teams.
Key Behaviors of a Successful Candidate