• Actuary

    Location US-OR-Portland
    Posted Date 1 week ago(12/4/2018 1:20 PM)
    # Positions
    Req #
  • Overview

    If you want to make a positive difference and stand out from the crowd, you’ll fit in at The Standard (www.standard.com). Through our retirement plans and insurance products and services, we help people achieve financial well-being and peace of mind. Come join us and share our passion for serving our customers in a positively different way.With headquarters located in downtown Portland, The Standard employees enjoy beautiful surroundings and great amenities.

    The Company

    With over three thousand employees nationwide, The Standard is a leading provider of financial products and services. These include group and individual disability insurance, group life and accidental death and dismemberment insurance, group dental and vision insurance, absence management services, retirement plans products and services, individual annuities, and origination and servicing of fixed rate commercial mortgage loans.


    The Standard Culture

    The Standard values an inclusive and engaged workforce. You’ll find the environment provides complex intellectual challenges as well as excitement as you share in the success of the company’s forward moving plans. The Standard fosters innovation, builds collaboration, and pursues excellence.  You’ll experience an open and welcoming environment with authentic people who are thoughtful and intentional with high integrity.  You’ll find a collaborative approach when it comes to planning and decision making.  You’ll have the independence to achieve results within the framework of the values and culture of the organization. In a culture that places high value on continuous improvement and possibilities, your ideas and insights regarding creative and innovative approaches are expected and encouraged.   



    Portland Oregon – Something for Everyone


    Good Food Awards. Recognizing Portland and Oregon-based companies in 2016, 2017, and 2018.

    Beer. 70+ breweries

    Wine.  250 wineries within 60 miles of downtown Portland and over 700 in the state.

    Parks. 37,000 acres of parks in the Portland metro area.

    Cycling. A bike-friendly city.

    Enjoy the great outdoors. Hiking, camping, boating, skiing, and the Oregon Coast. Lots of beautiful places to explore.

    Professional Sports. Basketball, Soccer and Hockey teams.

    Arts and Entertainment.  Symphony, Ballet, Theater, Museums.



    Position Summary

    In this new position, we seek your best thinking and actuarial modeling expertise to join our Corporate Actuarial Risk Management team.  You’ll leverage your skills to design and build modeling solutions in support of our initiatives and critical to our success. These include interest rate risk management and hedging, and the forecasting and analysis of investments and capital.  Your principal responsibilities include:

    • Contributing to the analysis of The Standard’s risk profile by supporting hedging and interest rate risk management infrastructure.
    • Developing robust models that inform capital market decisions and supporting the growth of investment and insurance products within The Standard’s portfolio.
    • Partnering with other modelers on the Corporate Actuarial Risk Management team to design and develop solutions for new initiatives and to promote model control standards.
    • Contributing to economic capital model development by helping to develop a framework for market risk, credit risk, underwriting / insurance risk, operational and other risks.



    Qualifications Required:

    • Bachelor’s degree required. Advanced degree a plus
    • Fellow of the Society of Actuaries {FSA} or equivalent non-US actuarial credential
    • Mid to Large company experience with an understanding of how an insurance actuarial community works
    • Effective collaboration with actuarial and business line leaders to evaluate, understand and quantify risk
    • Experience in analysis, particularly analysis of capital market-related economic processes

     Qualifications Desired:

    • Demonstrated expertise in GGY AXIS and/or SAS
    • Minimum of five years of experience applying practical modeling solutions to inform risk management strategies.
    • Experience modeling investments, and an understanding of investment features and their effects on insurance and asset management businesses’ profitability
    • Previuos Experience in one of our product line areas

    Competencies You Possess:

    • Transparent and consistent with high personal impact establishing yourself as a trusted business partner.
    • Driven to win: Pro-active and self-motivated, inspiring enthusiasm about the business and engaging others to maintain our positive culture with a focus on excellence and continuous improvement.
    • Effective communication skills that instill confidence with internal and external audiences and the ability to translate complex concepts into meaningful actionable information.
    • Demonstrated consultative and influencing skills and interest and ability in building effective partnerships across the organization and with colleagues at all levels.
    • Low-ego, team-oriented, collaborative approach while at the same time being able to influence favorable outcomes.
    • Making informed decisions through strong analytical, conceptual and critical thinking skills
    • A solutions-oriented mindset; and willingness and ability to handle opposing perspectives and gain consensus.
    • Able to work effectively through complex problems and to assess gaps and opportunities to inform strategy and to prioritize action plans.
    • Excellent project management and organizational skills with strong attention to detail and ability to prioritize and drive results.



    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.


    For more information regarding your Equal Employment Opportunity applicant rights, click  here.


    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.


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