[Hiring] Director, Actuary @The Standard

Role Description

As Director and Actuary on our ALM team, you will lead the organization's JFSA Economic Capital program, transforming economic capital from a regulatory requirement into a strategic business management capability. This role oversees economic capital governance, reporting, and stakeholder engagement while partnering across the enterprise and with our parent company, Meiji Yasuda to integrate risk and value insights into business strategy, performance management, capital allocation, and growth decisions. Through strong leadership, collaboration, and innovation, the Director drives informed decision-making, enhances organizational understanding of risk, and advances the effective use of economic capital to create long-term value.

• Oversee the production, aggregation, validation, interpretation, and reporting of economic capital results under the JFSA (Japanese regulator) framework for both our parent company, Meiji Yasuda, and senior management for Pillar 1 (prescribed economic capital results) and Pillar 2 (results that we believe are more reflective of our business).
• Lead, coach, and develop a team of economic capital professionals, setting priorities, building technical and business expertise, delegating analytical ownership, and ensuring the delivery of timely, accurate, and high-quality analysis and reporting.
• Serve as the primary liaison with Meiji Yasuda on economic capital methodologies, assumptions, results, reporting requirements, emerging issues, and strategic opportunities to enhance the use of economic capital across the organization.
• Partner with Product Lines, Actuarial Modeling, Finance, ALM, Investments, Enterprise Risk Management, and Governance teams to understand and interpret model results, ensure alignment, support strategic decision-making, and maintain governance standards for economic capital methodologies, controls, and processes.
• Build economic capital and JFSA acumen across the organization by educating stakeholders and their teams, facilitating collaborative discussions, and fostering a shared understanding of JFSA results, related metrics, and underlying measurements.
• Communicate economic capital results, insights, and emerging risks through an ongoing two-way dialogue with senior management, auditors, regulators, Meiji Yasuda, and other stakeholders.
• Research industry best practices and emerging trends in economic capital, regulatory capital frameworks, risk-adjusted performance measurement, capital allocation, and value-based management.
• Lead the identification and implementation of economic capital use cases, partnering with stakeholders across the business to integrate economic capital into business management, strategic planning, pricing, performance measurement, capital allocation, and resource allocation decisions.

Qualifications

• Bachelor’s degree or equivalent combination of education and experience in Mathematics, Actuarial Science, Business or a related field is preferred.
• ASA designation required/FSA designation strongly preferred.
• Eight or more years of actuarial experience with increasing levels of responsibility.
• Prior experience and solid understanding of economic capital regulations and economic capital governance.
• Proven experience in the overall management and technical oversight of senior actuarial individual contributors and/or teams of actuarial staff.
• Experience with JFSA (a plus).
• Solid technology skills utilizing Excel (required), Power BI (a plus), Dataiku (a plus).

Benefits

• 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.