Senior Director and Actuary, Corporate (Remote considered)

Company: The Standard
Location: Vancouver
Posted on: April 3, 2021

Job Description:

At The Standard, you'll join a team focused on putting our customers first.

Our continued success is driven by a high-performance culture. We're looking for people who are collaborative, accountable, creative, agile and are driven by a passion for doing what's right - across the company and in our local communities.

We offer a caring culture where you can make a real difference, every day.

Ready to reach your highest potential? Let's work together.

Position Summary

In this highly visible and influential role as Senior Director on the Corporate Actuarial and Risk Management (CARM) team, you will have direct responsibility for the success of a robust actuarial governance framework as well as strong execution of the financial reporting deliverables in CARM. You'll provide thought leadership in a variety of actuarial functions across all product lines offered at the Standard, working with a wide audience of both actuaries and non-actuaries in order to accomplish optimal business outcomes. A relocation package is available to an out of area candidate. A remote working arrangement will be considered.

Primary Responsibilities

* Provide corporate actuarial oversight by engaging in business results review, experience study and assumption review, pricing and crediting rate setting, reserving methodology and a variety of other relevant actuarial topics
* Provide consistent actuarial guidance by leading the research and implementing the enhancement of various actuarial issues
* Lead the development and enhancement of actuarial policies and guidelines, and work with product lines to achieve successful implementation
* Collaborate with other corporate actuarial leaders to research, design and enhance actuarial analytics to deliver business insights and action-driven reporting framework, examples are business performance measures and economic value-based metrics such as Return on Equity (ROE), Embedded Value (EV), and Value of New Business (VNB)
* Lead the corporate actuarial financial reporting team on successful delivery of financial reporting items including monthly portfolio yields, quarterly mortgage valuation and annual asset adequacy testing, etc.

Reporting relationships

You will report to 2nd VP, actuary in CARM and manage an actuarial staff of 4-5 people.

Competencies You Possess

* Has the ability to apply past experiences to new situations while learning new products and actuarial topics quickly
* Demonstrates strong analytical and technical capabilities and problem-solving skills with attention to details. Able to get deep into the "weeds" to perform analysis and distill findings into concise and actionable summaries
* Navigates complexity and ambiguity, resourcefully identifies and proposes multiple solutions to a problem with the ability to assess risks and opportunities to appropriately strategize and prioritize
* Transparent and consistent with high personal impact, leading with respect and effectively manages conflicts
* Low-ego, team-oriented, collaborative approach while at the same time able to effectively influence the desired outcomes
* Proactive and self-motivated, inspiring enthusiasm about the business and engaging others to create a positive culture and strong performance focusing on excellence and continuous improvement
* Effective verbal and written communication skills that instill confidence with a wide range of audience including senior management, demonstrating the ability to translate complex concepts into meaningful actionable information
* Excellent project management and organizational skills while being flexible to prioritize and work on multiple projects simultaneously
* Strong leadership commitment to develop actuarial staff and engage in the actuarial community initiatives when appropriate

Required Qualifications

* FSA or equivalent Non US actuarial designation
* Bachelor's degree in mathematics, actuarial science or related field
* 8 or more years of progressively responsible actuarial experience
* At least three years of people leadership experience with the ability to lead inclusively and a desire to help others develop.

Desired Qualifications

* Experience in financial reporting and or model governance
* Experience with developing KPIs or other business metrics

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.

Keywords: The Standard, Vancouver , Senior Director and Actuary, Corporate (Remote considered), Executive , Vancouver, Washington