Actuarial Associate III - Individual Annuities

Actuarial Associate III – Individual Annuities

Apply your actuarial modeling expertise to drive the VM-22 implementation and enhance high‑visibility regulatory models. Work closely with valuation, pricing, FP&A, ALM, and investment management teams to optimize reserves and ensure a robust, scalable VM-22 framework.

• Perform risk‑based analysis and develop/enhance AXIS model processes supporting VM-22 valuation.
• Design and implement model improvements, including structure, assumptions, and runtime optimization.
• Interpret and apply VM-22 requirements to drive model governance, change management, controls, and validation readiness.
• Partner with valuation, pricing, FP&A, and investment teams to ensure consistency and usability of results.
• Analyze model output to identify drivers, limitations, and opportunities for improving performance and scalability, including automation, workflow, and cloud integration where applicable.
• Stay current on VM-22 regulatory developments and translate changes into model updates.
• Collaborate with the core VM-22 team and the actuarial community of practice.

• Bachelor’s degree in mathematics, actuarial science, business, or a related field (or equivalent education/experience).
• ASA designation required.
• 3+ years of actuarial experience with a seasoned business perspective.
• Prior modeling experience with GGY AXIS (required).
• Hands‑on experience with individual annuities (required).
• Asset modeling and ALM experience strongly preferred.
• Projection and valuation modeling experience (CFT, LDTI, MRB, VM-20, or VM-21) preferred.
• Strong analytical skills, attention to detail, and the ability to own and explain reserve movements.

• Independently drives work forward and takes responsibility for results.
• Approaches business challenges from a broad perspective, anticipates barriers, and removes obstacles.
• Contributes actuarial, financial, and industry expertise, pursuing exceptional results.
• Determines methods and procedures for new assignments and serves as a mentor to peers.
• Innovates, brings ideas to life, and seeks continuous improvement.
• Exceeds customer needs and delivers value through effective communication and stakeholder relationships.
• Encourages diverse perspectives and fosters inclusive collaboration.
• Adapts to ambiguous tasks and aligns them with team objectives to ensure execution.

• Medical, dental, and vision coverage.
• 401(k) plan with company matching.
• Annual incentive bonus plan.
• Paid time off, including 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.

$94,500.00 – $

Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., Stan Corp Mortgage Investors, LLC, Stan Corp Investment Advisers, Inc., and American Heritage Life Insurance Company 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, veteran status, or any other condition protected by federal, state, or local law.

The Standard will consider qualified applicants with arrest and conviction records pursuant to the San Francisco Fair Chance Ordinance.

The Standard requires a criminal background investigation, employment, education, and licensing verification as a condition of employment. After a conditional offer, the background check includes an individualized assessment based on the applicant’s record and job duties. All employees are required to be bondable. The company maintains a drug‑free workplace; possession or use of illegal substances on company property is prohibited.