Actuarial Associate III - Individual Annuities

Job Summary

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?

Key Responsibilities

• Applies understanding of functional area to complete risk-based analysis used in the development and enhancement of AXIS models and processes supporting VM-22 valuation and communicating results.
• Design and implementation of model improvements, including structure, assumptions, and runtime optimization.
• VM-22 interpretation and implementation to drive model governance (change management, controls, validation readiness).
• Partnering with valuation, pricing, FP&A, and investment management to ensure consistency and usability of results.
• Analyzing model output to identify drivers, limitations, and opportunities for improving model performance and scalability (automation, workflow, cloud integration where applicable).
• Staying current on VM-22 regulatory developments and translating into model changes.
• Partners with the core VM-22 team as well as other members of the actuarial community of practice.

Skills and Background You’ll Need

• Education: Bachelor’s degree (or equivalent combination of education and experience) in mathematics, actuarial science, business, or a related field preferred.
• Certification: ASA designation required.
• Experience: 3+ years of experience sufficient to have gained a seasoned actuarial business perspective required.
• Hands-on experience with Individual annuities (required).
• Asset modeling and Asset Liability Management (ALM) experience (strongly preferred).
• Projection and Valuation modeling experience (CFT, LDTI MRB, VM-20, or VM-21) (preferred).
• Strong analytical skills, attention to detail, and the ability to own and explain reserve movements.