Senior Associate/Assistant Actuary

1 week ago
# Positions
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Senior Associate/Assistant Actuary at Standard Insurance Company; F/T in Portland, OR.


Duties: As part of the Corporate Actuarial Team at Standard’s office in Portland, Oregon, this role is responsible for designing and building modeling solutions in support of our critical corporate actuarial initiatives, such as embedded value analysis, interest rate risk management and hedging, and forecasting and analysis of investments and capital. Responsibilities include:


  • Contribute to development and implementation of The Standard’s embedded value framework using expertise in actuarial products (annuities, life and disability insurance) to ensure that the framework is sustainable, accurate and effective in capturing material aspects of the business.
  • Contribute to the analysis of The Standard’s risk profile by supporting hedging and interest rate risk management infrastructure.
  • Develop robust models that inform capital market decisions and support the growth of investment and insurance products within The Standard’s portfolio.
  • Partner with other modelers on the Corporate Actuarial Team to design and develop solutions for new initiatives and to promote model control standards.


Requirements: Bachelor’s degree, or foreign academic equivalent, in Mathematics, Actuary Science, or Statistics; and 5 years progressively responsible experience demonstrating effective communication and collaboration with actuarial and business line leaders to evaluate, understand, and quantify risk; to include the following, which may have been gained concurrently:


  • 5 years of actuarial modeling experience including exposure to at least one commercially available actuarial modeling platform: GGY AXIS, MoSes, or Prophet;
  • 1 year of experience with database extraction tools: SQL, SAS, C#, or Python; and
  • 1 year of experience in analysis of capital market-related economic processes.


Additional Requirement: FSA (Fellow, Society of Actuaries) designation.


Other Information: Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Equities, Inc., StanCorp Investment Advisers, Inc. and StanCorp Mortgage Investors, LLC, 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 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. Individuals with disabilities who need assistance or accommodation with the application process should contact HR Direct at 971-321-7871. This number is only for the use of individuals with disabilities who need accommodation with the application process. General inquiries about application status will not be addressed.


Send resume to: Standard Insurance Company, 1100 SW Sixth Avenue, Portland, Oregon 97204 or online:



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