Sr. Director - Individual Disability Actuarial

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.

Job Summary

In this highly visible role in the Individual Disability team, you’ll have direct responsibility for key aspects of the IDI actuarial operations including financial reporting, valuation, financial planning, strategy support, operational support, and other ad-hoc research projects. This role will lead a team of onshore credentialed actuaries and actuarial students.

The ideal candidate will have the ability to effectively collaborate and communicate with a wide range of non-technical functions and will also bring a strong technical background including depth in valuation, planning, actuarial modeling (AXIS experience strongly preferred), and strong technical communication. Employees in this role are eligible for fully remote work (other than periodic in-person meetings or other periodic business travel.

Occasional travel only (such as for planning purposes, team building, or conferences) may be required.

Skills and Background You’ll Need

• Formal and informal leadership for the division, including management of a team.
• Champion cross training and process documentation of each product’s reporting processes.
• Cultivate a professional, inclusive, and engaging work environment by encouraging collaboration with colleagues, ownership of results, and implementation of creative technical solutions.
• Oversee IDI’s financial planning process and controls, coordinate updates with partners, and ensure appropriate messaging of the results with senior leadership and partners.
• Proactively use huddles, metrics, data, dashboards, and problem solving to understand workloads and opportunities for recognition and improvement.
• Identify, prioritize, and execute on improvements that align with the business strategy, enhance customer value and improve operational efficiencies.
• Support strategy projections, enterprise capital strategy, and investment strategy analysis.
• Supervise annual assumption updates to policyholder experience studies and ensuring consistent assumptions between various actuarial models and align with key partners on methodology.
• Facilitate reinsurance analysis to potentially support sales growth, profitability, capital efficiency, and distribution footprint expansion.
• Keep abreast of regulatory issues to determine applicability to reporting.

Key Behaviors of a Successful Candidate

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

Why join The Standard?

We have built an enduring legacy of stability, innovation, and financial strength thanks to the contributions of the talented, creative, and compassionate 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 a 401(k) plan with matching company contributions.
• An annual incentive bonus plan.
• Generous paid time off.
• A supportive and responsive management approach.
• Opportunities for career growth and advancement.
• Paid time off to volunteer.
• An employee giving program that double matches your donations to eligible nonprofits and schools.
• Much more!

#LI-Remote

Please note - the salary range for this role is listed below. In addition to salary, our package includes incentive plan participation and comprehensive benefits including medical, dental, vision and retirement benefits, as well as an initial PTO accrual of 164 hours per year. Employees also receive 11 paid holidays and 2 wellness days per year.

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

Salary Range:

$172,750.00 - $276,500.00

Positions will be posted for at least 5 days from original posting date.

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 identity, 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, employment, education and licensing verification as a condition of employment. All employees of The Standard must be bondable.