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Assistant Vice President, Actuary – Life, Absence & Disability Pricing
The StandardLead pricing strategy and execution for $4b Employee Benefits Life, Absence and Disability block at The Standard. Collaborate with Sales, Underwriting, and Corporate Actuarial leadership to drive profitable growth.
About the role
Key responsibilities & impact- Lead our group pricing function for our Employee Benefits Life, Absence and Disability $4b block of business.
- Play a key role in growing profits through strategic pricing decisions, industry insights, superior analytics and innovative solutions.
- Develop and execute pricing philosophy, strategy and tactical actions to achieve long term business objectives.
- Oversee reinsurance for our group benefit products to facilitate and maintain appropriate levels of risk retention.
- Support product development in partnership with other key stakeholder groups.
Requirements
What you’ll need- Bachelor’s degree required. Advanced degree a plus.
- Fellow of the Society of Actuaries (FSA) or equivalent non-US actuarial credential.
- At least 10 years of post-fellowship experience with significant leadership experience in the group benefits pricing area including Group Life, Short-Term Disability (STD) and Long-Term Disability (LTD), Group Paid Family and Medical Leave (PFML), and Group Dental and Vision experience.
- Oversee the development of pricing strategies for LAD products to ensure competitive pricing and achieve profitability targets.
- Ensure compliance with regulatory requirements and industry standards.
- Drive risk management with Underwriting and develop reinsurance partnerships.
- Foster a culture of high performance and continuous improvement.
- Provide mentorship and coaching to team members, promoting ongoing professional development and growth.
- Drive actuarial innovation and best in class actuarial practices.
- Translate complex actuarial insights into clear, actionable operational and strategic guidance for non-technical stakeholders.
Benefits
Comp & perks- A rich benefits package including medical, dental, vision and a 401(k) plan with matching company contributions
- An annual incentive bonus plan
- Generous paid time off including 11 holidays, 2 wellness days, and 8 volunteer hours annually — PTO increases with tenure
- A supportive, responsive management approach and opportunities for career growth and advancement
- Paid parental leave and adoption/surrogacy assistance
- An employee giving program that double matches your donations to eligible nonprofits and schools
ATS Keywords
✓ Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
pricing strategyactuarial analysisrisk managementreinsuranceproduct developmentanalyticsactuarial innovationcomplianceleadershipmentorship
Soft Skills
strategic decision-makingcommunicationteam developmentcoachingperformance managementcollaborationproblem-solvingcontinuous improvementinsight translationstakeholder engagement
Certifications
Fellow of the Society of Actuaries (FSA)non-US actuarial credential