Actuary, Individual Annuities & VM-22 Modeling Lead

The Standard; Portland (OR); On-site; USD 120,000 - 190,000; Full time

Job summary

The Standard’s Individual Annuities division is seeking an Actuary/Model Owner to lead hands-on actuarial modeling for VM‑22, shaping a robust, scalable framework. This role requires building, refining, and owning models tied to a high-visibility regulatory function, with opportunities to influence asset allocations and reserves.

You will own AXIS model development, drive methodology decisions, and oversee governance, validation, and control processes.

Qualifications

• Bachelor’s degree in mathematics, actuarial science, business, or related field preferred.
• ASA or FSA designation required.

Responsibilities

• Own the development and enhancement of AXIS models and processes for VM-22 valuation.
• Design and implement model improvements, including structure, assumptions, and runtime optimization.
• Lead methodology decisions related to VM-22 and drive model governance (change management, controls, validation).
• Partner with valuation, pricing, FP&A, and investment management to ensure consistency and usability of results.
• Analyze model output to identify drivers, limitations, and opportunities for performance and scalability (automation, cloud).
• Stay current on VM-22 regulatory developments and translate into model changes.
• Provide mentorship and project leadership to VM-22 team and partners.
• Demonstrate expertise in risk profile and risk management practices to propose opportunities.

Skills

Actuarial modeling

AXIS

VM-22

Leadership

Communication

Education

Bachelor’s degree in mathematics or actuarial science

Job description

The Standard’s Individual Annuities division is seeking an Actuary/Model Owner to lead hands-on actuarial modeling for VM‑22, shaping a robust, scalable framework. This role requires building, refining, and owning models tied to a high-visibility regulatory function, with opportunities to influence asset allocations and reserves.

You will own AXIS model development, drive methodology decisions, and oversee governance, validation, and control processes.