Director, Actuary - ALM

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

As Director and Actuary on our ALM team, you will lead the organization's JFSA Economic Capital program, transforming economic capital from a regulatory requirement into a strategic business management capability. This role oversees economic capital governance, reporting, and stakeholder engagement while partnering across the enterprise and with our parent company, Meiji Yasuda, to integrate risk and value insights into business strategy, performance management, capital allocation, and growth decisions. Through strong leadership, collaboration, and innovation, the Director drives informed decision-making, enhances organizational understanding of risk, and advances the effective use of economic capital to create long-term value.

Responsibilities

• Oversee the production, aggregation, validation, interpretation, and reporting of economic capital results under the JFSA (Japanese regulator) framework for both our parent company, Meiji Yasuda, and senior management for Pillar 1 (prescribed economic capital results) and Pillar 2 (results that we believe are more reflective of our business).
• Lead, coach, and develop a team of economic capital professionals, setting priorities, building technical and business expertise, delegating analytical ownership, and ensuring the delivery of timely, accurate, and high-quality analysis and reporting.
• Serve as the primary liaison with Meiji Yasuda on economic capital methodologies, assumptions, results, reporting requirements, emerging issues, and strategic opportunities to enhance the use of economic capital across the organization.
• Partner with Product Lines, Actuarial Modeling, Finance, ALM, Investments, Enterprise Risk Management, and Governance teams to understand and interpret model results, ensure alignment, support strategic decision-making, and maintain governance standards for economic capital methodologies, controls, and processes.
• Build economic capital and JFSA acumen across the organization by educating stakeholders and their teams, facilitating collaborative discussions, and fostering a shared understanding of JFSA results, related metrics, and underlying measurements. Promote consistent use of economic capital information across the enterprise to support informed decision-making and a common understanding of risk, performance, and growth trade-offs.
• Communicate economic capital results, insights, and emerging risks through an ongoing two-way dialogue with senior management, auditors, regulators, Meiji Yasuda, and other stakeholders, enabling effective interpretation of results, strengthening organizational understanding of JFSA results and complementary metrics, and supporting informed, risk-aware business decisions.
• Research industry best practices and emerging trends in economic capital, regulatory capital frameworks, risk-adjusted performance measurement, capital allocation, and value-based management, identifying opportunities to enhance the organization's ability to balance performance, growth, and risk through the effective use of JFSA results and related measures.
• Lead the identification and implementation of economic capital use cases, partnering with stakeholders across the business to integrate economic capital into business management, strategic planning, pricing, performance measurement, capital allocation, and resource allocation decisions. Champion a holistic framework of JFSA results and complementary metrics that provide a comprehensive view of risk and value creation, support enterprise-wide consistency, and drive sustainable strategic growth.

Requirements

• Bachelor’s degree or equivalent combination of education and experience in Mathematics, Actuarial Science, Business, or a related field is preferred.
• ASA designation required; FSA designation strongly preferred.
• Eight or more years of actuarial experience with increasing levels of responsibility.
• Prior experience and solid understanding of economic capital regulations and economic capital governance, reporting applicability, and impact to business strategy, performance management, capital allocation, and growth decisions.
• Proven experience in the overall management and technical oversight of senior actuarial individual contributors and/or teams of actuarial staff and driving actuarial team performance to defined business objectives.
• Experience with JFSA (a plus).
• Solid technology skills utilizing Excel (required), Power BI (a plus), Dataiku (a plus).

Skills

• Winning Together: Excellent verbal and written communication skills with the ability to build strong relationships within the team and across the organization. Works collaboratively across the organization to accomplish common business goals. Effectively collaborates and communicates with a wide range of non-technical stakeholders and is able to translate complex ideas into easily understandable concepts.
• Developing People: Provides coaching, mentoring, and development opportunities for individual team members and fosters a team culture focused on collaboration, accountability, and continuous improvement. Cultivates professionalism by encouraging collaboration with colleagues, ownership of results, and implementation of innovative technical solutions.
• Engaging Hearts & Minds: Empowers teams to form partnerships and motivates them to succeed through collaboration and cohesion.
• Driving Success: Champions a result-oriented culture that views challenges as an opportunity to achieve greater growth by creating a compelling vision, implementing strategy-aligned goals, and executing with a sense of urgency. Uses market data and knowledge of business model to develop new strategies, connect goals to enterprise vision, and identify criteria to measure success.
• Improvement Mindset: Thinks innovatively, brings ideas to life, and seeks continuous improvement. Approaches business challenges from a broad corporate perspective. Anticipates and removes barriers to accomplish business objectives. Constantly pursues exceptional results that take us “next level.”

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.
• A supportive, responsive management approach and opportunities for career growth and advancement.
• Paid parental leave and adoption/surrogacy assistance.
• An employee giving program that double matches your donations to eligible nonprofits and schools.

Pay

Salary Range: $147,750.00 - $236,000.00.