PORTLAND, Ore.--(BUSINESS WIRE)--Standard Insurance Company ("The Standard") announced today that the company will open a satellite office in Altavista, Va. The Standard is planning to have the office staffed and operational in September 2016.
The Standard’s first priority will be to establish and build teams supporting the company’s Life and Disability Services organization. The new office will be the company’s fifth regional site, along with Portland and Hillsboro, Ore., White Plains, N.Y., and Cincinnati, Ohio.
“We took a great deal of care in choosing this location for our new office,” said Dan McMillan, vice president of Employee Benefits at The Standard. “In addition to the concentration of talent in the area, Altavista, Lynchburg and the surrounding communities in Campbell County are a strong match with our corporate culture.”
The Standard is known for its strong corporate community involvement. From donating millions of dollars annually to volunteering thousands of hours each year with schools, food banks and other organizations, The Standard and its more than 2,800 employees make a real difference in the communities they call home.
As The Standard continues to grow, having another location on the East Coast expands the company’s ability to provide enhanced service for customers and producers. The site also provides opportunities for expansion to accommodate future growth.
“Our goal is to establish a team of 25-30 employees by the end of 2016 with plans to have 200 or more employed in this office by late 2019,” McMillan continued. “We are posting all roles internally and externally, and have plans to hold job fairs in Campbell County. We would like to see a mix of tenured employees who embody our values working in Campbell County alongside new employees.”
About The Standard
The Standard is a leading provider of financial products and services, including group and individual disability insurance, group life and accidental death and dismemberment insurance, group dental and vision insurance, absence management services, retirement plans products and services and individual annuities. For more information about The Standard, visit www.standard.com.
The Standard is the marketing name for StanCorp Financial Group, Inc., and its subsidiaries: Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Mortgage Investors, LLC, StanCorp Investment Advisers, Inc., StanCorp Real Estate, LLC, and StanCorp Equities, Inc.