Actuarial Associate II - EVB Modeling

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?

Job Summary:

The Standard seeks a talented actuary to join the Actuarial Modeling team. In this role, you will focus on projection modeling for Elective Voluntary Benefits (EVB) products (including Traditional, Health and Universal Life), while supporting asset adequacy testing, Japanese accounting implementation, and model governance and improvement. You will gain exposure to GGY AXIS, Power BI, Python, Confluence, and other modern actuarial and data tools.

Principal Duties & Responsibilities:

• Update projection models; review model output and communicate results.
• Document existing processes along with ideas for model/assumption refinements and process improvements
• Collaborate with subject matter experts within the employee benefits division in order to ensure that projections are aligned with company operations and expectations
• Promote a culture of continuous improvement by identifying ways to enhance and streamline our processes
• Contribute to the preparation, review, and analysis of various reports related to team projections

Acceptance of 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 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.

Your studies will be supported through our actuarial student development program. Actuarial students are expected to complete exams and other coursework that are required for Associate and/or Fellow designations through the Society of Actuaries. This position is part of our student rotation program, meaning you will rotate to an actuarial role in one of our three other distinct product lines or to our corporate actuarial department.

Skills and Background You’ll Need:

Education: Bachelor’s degree in mathematics, statistics, actuarial science, business, related fields, or comparable work experience required

Experience:

• Minimum 2 years experience, or the equivalent combination of education/experience in an actuarial role.
• Successful completion of a minimum of 2 actuarial exams.
• Hands on experience updating projection models and reviewing model outputs – solid understanding of materiality of analytical results
• Experience with group, life, or health products (preferred)

Skills:

• Intermediate to advanced Excel Skills (required)
• Programming experience (Python preferred)
• GGY AXIS experience (preferred)
• Dashboard creation in Power Bi or Tableau (required)

​Key Behaviors of a Successful Candidate:

Winning together: Excellent verbal and written communication skills with the ability to build relationships with team members and key stakeholders across the organization. Actively participates in cross-functional initiatives with a low-ego, team-oriented and collaborative approach to enhance subject matter expertise while contributing to project success.

Customer Focus: Ability to work with stakeholders across the organization. Anticipates customer needs and responds with sensitivity to deadlines and time constraints. 

Improvement Mindset: Continuous learner - actively seeks out learning opportunities and demonstrates intellectual curiosity regarding the story behind the numbers. Ability to translate complex concepts into meaningful and actionable information to improve existing processes. Strong analytical, conceptual, and critical thinking skills with a solutions-oriented mindset to help drive results “next level.”

Adaptability: Thrives in a fast‑paced environment and responds effectively to evolving business priorities. Utilizes creative problem-solving techniques to address new circumstances and presents solutions. Demonstrated willingness to learn new skills and accept feedback.

#LI-Remote

We have built an enduring legacy of stability, financial strength and exceptional customer service through the contributions of the service-oriented people who choose to work at The Standard. To ensure we can attract and retain the best talent, when you join The Standard you can expect:

• 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

In addition to the competitive salary range below, our employee-focused benefits support work-life balance. Learn more about working at The Standard.

• Eligibility to participate in an incentive program is subject to the rules governing the program and plan. Any award depends on a variety of factors including individual and organizational performance.

The actual compensation for this role will be based on a combination of education and experience, knowledge and skills, position budget, internal equity, and market data.

Salary Range:

Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Mortgage Investors, LLC, StanCorp Investment Advisers, Inc., and American Heritage Life Insurance Company and American Heritage Service Company, 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 identity, sexual orientation, age, disability or veteran status or any other condition protected by federal, state or local law. Except where precluded by state or federal law, The Standard will consider for employment qualified applicants with arrest and conviction records pursuant to the San Francisco Fair Chance Ordinance. 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 The Standard's 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 and employment, education and licensing verification as a condition of employment. After any conditional offer of employment is made, the background check will include an individualized assessment based on the applicant’s specific record and the duties and requirements of the specific job. Applicants will be provided an opportunity to explain and correct background information. All employees of The Standard must be bondable.