Actuarial Developer

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POST DATE 8/23/2016
END DATE 11/30/2016

StanCorp Financial Group, Inc. Portland, OR

Company
StanCorp Financial Group, Inc.
Job Classification
Full Time
Company Ref #
15203
AJE Ref #
575958373
Location
Portland, OR
Experience
Mid-Career (2 - 15 years)
Job Type
Regular
Education
Bachelors Degree

JOB DESCRIPTION

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MORE INFORMATION ABOUT THIS JOB:

OVERVIEW:

If you want to make a positive difference and stand out from the crowd, you ll fit in at The Standard (www.standard.com). Through our retirement plans and insurance products and services, we help people achieve financial well-being and peace of mind. Come join us and share our passion for serving our customers in a positively different way.



The Standard is hiring an Actuary Developer within their Corporate Actuarial team. The Corporate Actuarial team leads the ERM function at StanCorp and is responsible for driving the creation of the annual ORSA Summary report. Team members typically have acumen in financial reporting, forecasting, and analysis of financial results and drivers of the business. This position will support the analysis of financial risks by developing sophisticated analysis algorithms which enable the analysis of historical and predicted events, using capital market valuation and actuarial pricing logic. In addition to developing new financial analysis methods, the developer will support the ongoing operations of the company by enhancing and maintaining suites of applications used to produce key measures and analytics for management and for financial reporting. The developer will be a key collaborator in projects which span the investment, actuarial and risk management functions of the company. This collaborative role may extend to and connect with business process design activities. Practical background with designing business solutions to affect positive user experiences will be useful. Day-to-day work will be bimodal with energies devoted to deploying solutions using SAS, Visual Basic, SQL, and other development languages on several operating platforms. Additionally, day-to-day work will also be devoted to supporting actuarial analysis and actuarial operations. In the analysis role vendor licensed software packages such as the GGY-AXIS actuarial forecast system, Moody s economic scenario generator and Commercial Mortgage Metrics system will be applied.



RESPONSIBILITIES:

Develop Software: Develop and deploy analysis software for application by actuarial units using tools such as Visual Basic and SAS, using SQL or other coding languages as necessary The full spectrum of software development roles are to be fulfilled: project management, analysis, design, construction, implementation and testing. Analyze operational requirements and provide solution design specifications for use by others. Create solutions which are integrated with other third-party software such as GGY s AXIS and Economic Scenario Generation (ESG) software. Familiarity with relational database use, architecture and design is considered advantageous for this role. Oracle, Sequel Server or other background with database infrastructure is valued. Must be able to function well within a Rapid Application Development, or Agile, development framework.



Financial and Actuarial Analysis: Apply expertise in actuarial analysis and finance to business problems including principles-based actuarial modeling and estimation, financial forecasting, capital market pricing, and numerical analysis in support of pricing, valuation or risk management. An applied understanding of the principles of accounting under Statutory, U.S. GAAP and Economic bases is desirable. Analysis methods will ultimately be deployed in analysis software which may produce source material for financial reporting processes. Disciplined management of work product, accuracy of result, solution reliability and conscious attention to information change in control is required.



Business Process and User Experience Design: Integrated analysis of business processes and work flow will be needed in support of software design and development. Practical solutions which enable smooth, reliable and controlled operations will be sought, with attention to ease of use. The ability to optimize solutions and the operating environment with a conscious awareness of the trade-offs of cost and benefit, elegance and practicality, up-front resource commitments and ongoing resource commitments, solution durability and speed of deployment is invaluable in this role.



Cross Collaboration: Communicate and collaborate with various departments across the organization to meet business needs. Work with various parts of the organization to understand financial and product data. Present data and analysis to be used in providing guidance to influence decision making.



Training and Education: As new techniques and practices are deployed to enable analysis, expose these innovations to broader audiences of staff. Actively train others in analysis tools and methods. Candidates in an actuarial role are expected to take and pass actuarial exams.

QUALIFICATIONS:

Education/Experience: Bachelor s degree in mathematics, actuarial science, computer science, business or a related field. Three or more years experience in software development or the equivalent combination of education and/or experience. Direct experience with the development of analysis software required. Actuarial or other insurance or capital market finance credential desired.



Analytical Skills: Demonstrates an applied knowledge of analysis software development. Will use these skills to enhance and enable analysis of complex financial problems.



Independence: Acts independently to determine methods and procedures on new assignments. Significant role as a resource/mentor to others. Thinks innovatively, brings ideas to life, and seeks continuous improvement. Proactively identifies business issues and develops solutions to resolve those issues.



Influence: Develops networks across the department and organization. Serves as a lead on software development projects. Actively engages and educates others in tools and methods so that the corporate knowledge base is broadened.



Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Equities, Inc., StanCorp Investment Advisers, Inc. and StanCorp Mortgage Investors, LLC, 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, sexual orientation, age 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, drug test, employment, education and licensing verification as a condition of employment. All employees of The Standard must be bondable.



For more information regarding your Equal Employment Opportunity applicant rights, please visit the URL: http://www1.eeoc.gov/employers/upload/eeoc_self_print_poster.pdf,