Actuary - Individual Annuities

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.

About the role

This role in The Standard’s Individual Annuities division is responsible for driving and supporting work related to our financial reporting team: FP&A, valuation, reserve analytics, hedging, reinsurance, and business performance. It is ideal for someone who enjoys owning financial results related to highly visible functions that impact our financial results and strategic direction. The role will play a key part in the production, analysis, and communication of financial results and projections of our MYGA and FIA businesses, partnering closely with pricing, modeling, ALM, and finance teams.

Responsibilities

• Own execution and enhancement of reporting, valuation, earnings analysis, FP&A, and hedging, and communicate results to senior management.
• Design and implement reporting support for functions such as VM22, reinsurance, and business integration.
• Analyze GAAP, statutory, and management reporting results, including reserves, earnings, and capital movements.
• Enhance governance model (change management, internal controls, and offshore partner review).
• Partner with pricing, modeling, and corporate actuarial to ensure consistency in understanding stakeholder needs and effective/aligned storytelling.
• Analyze results—identify drivers, limitations, and opportunities for improvement.
• Develop and improve analytical tools, reporting processes, and speed/clarity of processes and capabilities.
• Provide mentorship and project leadership to onshore and offshore team members related to core team responsibilities.

Requirements

• Bachelor’s degree (or equivalent combination of education and experience) in mathematics, actuarial science, business, or a related field.
• ASA certification required; FSA preferred.
• Prior hands-on experience sufficient to have gained a seasoned actuarial business perspective in the Individual Annuities space (5+ years preferred).
• Modeling experience including change management, internal controls, and review.
• FP&A and FIA financial reporting experience (preferred).
• Experience with GGY AXIS and Python (preferred).

Skills

• Strong analytical skills, attention to detail, and ability to own and explain reserve movements.
• Contributes actuarial, financial, and industry expertise combined with unique product line knowledge to positively impact organizational strategy.
• Excellent written and verbal communication skills with the ability to develop positive internal and external stakeholder relationships.
• Independently drives work forward and takes responsibility for achieving job requirements, tasks, and objectives.
• Acts as a key resource and mentor to others in the actuarial career, providing thought leadership.
• Ability to take ambiguous tasks and align them to the working model of the team to ensure execution.

Pay

This role may be filled at either of the following levels based on experience:

• Associate Actuary III: Salary range $94,500.00 – $138,500.00.
• Actuary: Salary range $131,750.00 – $192,500.00.

The actual compensation will be based on a combination of education, experience, knowledge, skills, position budget, internal equity, and market data. Eligibility to participate in an incentive program is subject to the rules governing the program, and any award depends on individual and organizational performance.

Benefits

• A rich benefits package including medical, dental, vision, and a 401(k) plan with matching company contributions.
• An annual incentive bonus plan.
• Generous paid time off including 11 holidays, 2 wellness days, and 8 volunteer hours annually (PTO increases with tenure).
• Paid parental leave and adoption/surrogacy assistance.
• An employee giving program that double matches donations to eligible nonprofits and schools.