• Actuarial Associate (ASA/FSA Student Program)

    Location US-OR-Portland
    Posted Date 3 weeks ago(1/2/2019 1:44 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.


    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. Relocation Assistance is provided for an out of area candidate.  


    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 very 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.



    Acceptance to a position in this job family constitutes participation in the Actuarial Student Program at The Standard. The mission of the Actuarial Student Program is to grow actuarial knowledge, business acumen and leadership skills in our Actuaries to enable the achievement of organizational goals. Actuarial students are supported in and are expected to progress through the levels of the job family based on academic/exam achievements and by developing their analytical skills, independent decision making, and effective communication and leadership skills.


    Visa Sponsorship:  Please note - we only sponsor visa for FSA level positions and not this level of student position at this time.   


    In your initial rotational assignment, we seek your best thinking and enthusiasm to develop actuarial expertise in joining our Individual Annuities Actuarial team.  You’ll leverage your analytical skills and attention to detail in support of our initiatives that are critical to our success. Your principal responsibilities include:

    • Assistance in the development and maintenance of actuarial models to support financial reporting.
    • Leveraging models to analyze results that drive appropriate business decisions
    • Conduct experience studies – monitoring policyholder behavior and analyzing data to inform business decisions
    • Assisting with the annual assumption setting process
    • Keeping an eye out for improving process efficiency and accuracy and maintaining documentation that supports our processes and models
    • .Preparation and passing of actuarial exams in pursuit of the FSA designation.



    • Bachelor’s degree required. Advanced degree a plus.
    • 1 - 3 years of actuarial or related analytical experience. 
    • Demonstrated recent  (last 12 months) experience in preparing for and successfully passing actuarial exams.- ideally 2 - 3 exams minimum. 
    • Strong communication skills
    • Intermediate to advanced Excel skills
    • Strong organizational and time management skills
    • Ability to collaborate with other departments and teams
    • Ability to present data clearly to a varied audience
    • Ability to prepare for and pass actuarial exams and maintain continuing education requirements. 

    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.
    • 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
    • Able to work effectively through complex problems and to assess gaps and opportunities to inform strategy and to prioritize action plans.
    • Excellent 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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