Sr. Actuary​/Actuary - Individual Annuities

Job Summary:

The Standard’s Individual Annuities division is currently looking to add a Sr. Actuary and Actuary/Model Owner to our team. Both roles require hands‑on actuarial modeling experience and will play a key role in driving our VM‑22 implementation. These positions focus on building, enhancing, and owning actuarial models tied to a high‑visibility regulatory function, developing strategic asset allocations, and partnering across valuation, pricing, FP&A, ALM, and investment management to support a scalable VM‑22 framework.

• Owning the development and enhancement of AXIS models and processes supporting VM‑22 valuation and communicating results to senior management.
• Designing and implementing model improvements, including structure, assumptions, and run‑time optimization.
• Leading methodology decisions related to VM‑22 interpretation and implementation and driving model governance (change management, controls, validation readiness).
• Partnering with valuation, pricing, FP&A, and investment management to ensure consistency and usability of results.
• Analyzing model output to identify drivers, limitations, and opportunities for improving performance and scalability (automation, workflow, cloud integration where applicable).
• Staying current on VM‑22 regulatory developments and translating changes into model updates.
• Providing mentorship and project leadership to the core VM‑22 team and partner organizations.

• Bachelor’s degree (or equivalent combination of education and experience) in mathematics, actuarial science, business, or a related field (preferred).
• ASA Designation (Actuary) or FSA Designation (Senior Actuary) required.
• 5+ years of actuarial experience, including hands‑on modeling with GGY AXIS and individual annuities.
• Experience with asset modeling, ALM, and projection/valuation modeling (CFT, LDTI MRB, VM‑20, or VM‑21) is strongly preferred.
• Strong analytical skills, attention to detail, and ability to own and explain reserve movements.

• Independently drives work forward and takes responsibility for achieving objectives.
• Approaches business challenges broadly and anticipates barriers to success.
• Showcases actuarial, financial, and industry expertise, driving exceptional results.
• Values continuous improvement, proactivity, and strategic thinking.
• Demonstrates excellent communication skills and builds positive internal/external stakeholder relationships.
• Adapts to ambiguous tasks and aligns them with team objectives.

Senior Actuary: $137,000 – $200,750

Actuary: $131,750 – $192,500

• Medical, dental, vision, and 401(k) plan with company matching.
• Annual incentive bonus plan.
• Generous paid time off, 11 holidays, 2 wellness days, and 8 volunteer hours annually (increases with tenure).
• Paid parental leave and adoption/surrogacy assistance.
• Employee giving program that double matches donations to eligible nonprofits and schools.

The Standard is an affirmative action/Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, sex, national origin, gender identity, sexual orientation, age, disability, veteran status, or any other condition protected by federal, state, or local law. The Standard will consider applicants with arrest and conviction records pursuant to the San Francisco Fair Chance Ordinance where not prohibited by state or federal law.