Director and Actuary (CARM/ERM)

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

As Director and Actuary within the Enterprise Risk Management (ERM) and Governance team in Corporate Actuarial and Risk Management (CARM), you’ll play a key role on important initiatives for the company and the actuarial practice as a whole. You will have direct responsibility for key aspects of risk management including model governance and assumption governance, reporting of key metrics, targets and tolerances, development of corporate risk management policies and procedures, and supporting business units with product development, pricing and other actuarial functions.

This position interfaces with our four main product lines, and with colleagues within the broader CARM team including ALM, Actuarial Modeling and Actuarial Transformation. You will also prepare reports for and occasionally deliver presentations to the Chief Actuary, Chief Risk Officer, Chief Financial Officer, and other top executives throughout the company.  This position is also expected to play an integral role in the broader actuarial community, leading committees, events, and initiatives.

You will approach business challenges from a broad corporate perspective and anticipate and remove barriers to accomplish business objectives. The ideal candidate will have the ability to effectively collaborate and communicate with a wide range of functions and will also bring a strong technical background.

Occasional travel for planning purposes, team building, or conferences may be required. 

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, or equivalent, required with 7-10 years of actuarial work experience.
• FSA preferred

Skills:

• Experience working on significant and complex issues where analysis of situations requires evaluation of quantitative, qualitative, forward looking and organizational factors.
• Prior experience providing leadership in key areas of responsibility and serving as a trusted resource to the division.  
• Solid foundation in providing guidance & counsel to the top actuaries within the Product Group/Line of Business, or Market Segment, and understanding of the analysis within their area of domain expertise.
• Demonstrated experience developing and executing on business needs within an actuarial function.
• Understanding of insurance product dynamics, ideally across retirement, annuities, life, and disability insurance. (highly preferred)
• Experience with actuarial modeling, M&A, LDTI, asset adequacy testing and valuation. (highly preferred)
• Demonstrated success leading complex, cross-functional initiatives with enterprise impact.

Key Behaviors of a Successful Candidate:

• Winning together: Develops networks across the department/division.  Exhibits effective communication and people skills in managing projects, working with stakeholders and resolving conflicts.  Viewed as a resource to the division, providing leadership in his/her key areas of responsibilities.  Subject matter expert with the ability to negotiate and influence management decision making. 

• Driving success: Ability to drive team performance to goals. Provides training and development to immediate team members.  Significant role as a resource/mentor to others in the actuarial team. Creates clarity, sets bold goals, and champions execution with a sense of purpose and urgency.

• 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 pursue exceptional results that take us “next level.”

• Strategic Visioning: Uses market data and knowledge of business model to develop new strategies, connect goals to enterprise vision, and identify criteria to measure su