Remote

Saint Paul MN

Part Qualified

Associate

Qualified

Life

Investments

Health

Pensions

Reporting

Risk

Modelling

Prophet

Coding

MoSes

Valuation

Longevity

Consulting

MG-ALFA

<div>Securian Financial offers a range of financial products including life insurance, annuities and retirement plans. They are dedicated to helping customers secure their financial future, with a focus on innovation and personalized solutions.Actuaries at Securian Financial can expect to work in an environment that values professional growth, offering opportunities to contribute to a diverse range of financial and insurance products.</div>

Securian Financial

Summary: This Actuarial Consultant position is a highly visible role as part of the ERM Actuarial Team. This is an excellent opportunity to broaden your skillset to all aspects of our Enterprise Risk Management program. In this role, you will be part of a collaborative team with the opportunity to serve on enterprise governance committees and initiatives, support ALM strategy, and drive enhancements to our overall enterprise risk framework.Responsibilities include:<ul><li>Oversee Securian's liability-based investment portfolios, establishing appropriate risk tolerances and effective ALM</li><li>Own ALM-related risk frameworks (liquidity, credit, and interest rate risk), being accountable stress testing methodologies, explanation of results, and recommendations for management actions</li><li>Engage with ALM Group, presenting and generating topics as needed, and carrying out policies set forth by the group</li><li>Provide thought leadership to ALM reporting, assumption-setting, and financial projections</li><li>Lead cross-functional projects to enhance ALM risk frameworks</li></ul>Strategic Asset Allocation and General Account Strategy:<ul><li>Support annual Strategic Asset Allocation process, including oversight of risk/return quantification, balance sheet projections, and engagement with stakeholders</li><li>Collaborate with Solutions Groups on strategic ALM initiatives to drive growth and profitability of products within risk appetite</li><li>Partner with Securian Asset Management on General Account strategy, leading risk analysis and facilitating appropriate governance and monitoring for new asset strategies</li><li>Lead education and engagement efforts to ensure strong ALM risk culture and awareness</li></ul>ERM Governance and enterprise initiatives:<ul><li>Provide leadership on enterprise committees/governance groups, where appropriate</li><li>Aid in preparation and present as needed to executive risk committees (FRC, Risk Council, etc.)</li><li>Serve as ERM representative on enterprise projects</li><li>Contribute expertise to ERM initiatives including ORSA, Embedded Value, and capital management</li></ul>Qualifications:<ul><li>Strong analytical and problem-solving skills along with curiosity and initiative necessary to analyze product designs, risk, and other project results</li><li>ASA designation with ability to complete FSA</li><li>Solid technical aptitude with the ability to learn and use a variety of tools</li><li>Written, oral and interpersonal communication skills to effectively interact with management, actuarial, underwriting and distribution associates</li><li>Self-motivated and flexible; ability to work independently and as part of a team</li></ul>Physical Job Requirements:<ul><li>Ability to utilize keyboard, mouse and computer for up to 8 hours per day</li><li>Ability to utilize telephone for 2-4 hours per day.</li></ul>Securian Financial believes in hybrid work as an integral part of our culture. Associates get the benefit of working both virtually and in our offices. If you're in a commutable distance (90 minutes) you'll join us 2-3 days each week in our offices to collaborate and build relationships. Our policy allows flexibility for the reality of business and personal schedules. When working in our offices at least two days per week isn't feasible (vacations, illness, travel, etc.), an eight day per month standard is an option.Be you. With us. At Securian Financial, we understand that attracting top talent means offering more than just a job - it means providing a rewarding and fulfilling career. As a valued member of our high-performing team, we want you to connect with your work, your relationships and your community. Enjoy our comprehensive range of benefits designed to enhance your professional growth, well-being and work-life balance, including the advantages listed here:Paid time off:<ul><li>We want you to take time off for what matters most to you. During your first year of hire, you receive a prorated bank of personal days and vacation time depending on your month of hire.</li><li>Leave programs: Securian's flexible leave programs allow time off from work for parental leave, caregiver leave for family members, bereavement and military leave.</li></ul>Company-funded pension plan and a 401(k) retirement plan: Share in the success of our company. Securian's 401(k) company contribution is tied to our performance up to 10 percent of eligible earnings, with a target of 5 percent. The amount is based on company results compared to goals related to earnings, sales and service.Health insurance: From the first day of employment, associates and their eligible family members - including spouses, domestic partners and children - are eligible for medical, dental and vision coverage.Volunteer time: We know the importance of community. Through company-sponsored events, volunteer paid time off, a dollar-for-dollar matching gift program and more, we encourage you to support organizations important to you.Associate Resource Groups: Build connections, be yourself and develop meaningful relationships at work through associate-led ARGs. Dedicated groups focus on a variety of interests and affinities, including:<ul><li>Mental Wellness and Disability</li><li>Pride at Securian Financial</li><li>Securian Young Professionals Network</li><li>Securian Multicultural Network</li><li>Securian Women and Allies Network</li><li>Servicemember Associate Resource Group</li></ul>For more information regarding Securian's benefits, please review our Benefits page. This information is not intended to explain all the provisions of coverage available under these plans. In all cases, the plan document dictates coverage and provisions.Securian Financial Group, Inc. does not discriminate based on race, color, religion, national origin, sex, gender, gender identity, sexual orientation, age, marital or familial status, pregnancy, disability, genetic information, political affiliation, veteran status, status in regard to public assistance or any other protected status.

Overview:This position is part of the Modeling Center of Excellence (COE) in Enterprise Actuarial Services, a service-oriented function focusing on actuarial modeling needs across Securian. You will be part of cultivating a service mindset, seeking to meet the needs of our internal customers with models that are effective, efficient, and are well governed. You will develop a deep understanding of actuarial modeling, across a variety of purposes.If the responsibilities of this role are appealing to you, but you don’t meet all the qualifications, don’t hesitate to apply! Our primary goal is to find the right person with a passionate interest for being successful in these responsibilities. We would rather have the passionate interest with a path to grow, than qualifications ready and trying to develop an interest!This position is part of the Actuarial exam-taking path. At Securian Financial the internal title for this position is Actuarial Sr. Analyst or Actuarial Consultant. The title and salary will be determined based on experience and exam progress.Responsibilities may include, but are not limited to:<ul><li>Seek to understand our partners products, markets, responsibilities, and objectives.</li><li>Build targeted modeling expertise (e.g. Prophet) to support the development and maintenance of effective, efficient, and well governed models across various products and purposes.</li><li>Leverage that modeling expertise and partner understanding to identify and enable opportunities for improved results, insights, and capabilities.</li><li>Contribute to a supportive team environment that emphasizes curiosity, collaboration, and experimentation.</li><li>Apply model coding and development standards to models while adhering to Securian’s Actuarial Model Governance Policy and relevant Actuarial Standards of Practice.</li><li>Progress towards the completion of your actuarial credentials.</li></ul>Qualifications:<ul><li>Self-motivated and flexible; ability to work and learn independently and as part of a team.</li><li>Strong analytical and problem-solving skills along with a willingness to experiment to get to the best solution.</li><li>Curiosity, creativity, and initiative to explore and work through complex or ambiguous topics.</li><li>Advanced technical aptitude with the ability to learn/use a variety of software/modeling tools, and the ability to learn complex subject matter.</li><li>Documentation and organizational skills with attention to details.</li></ul>Preferred Qualifications:<ul><li>Experience with actuarial modeling (Prophet preferred, but MG-ALFA or MoSes also valued)</li><li>Experience with Life or Annuity products</li><li>Understanding of PBR, LDTI and/or financial reporting</li></ul>Be you. With us. At Securian Financial, we understand that attracting top talent means offering more than just a job – it means providing a rewarding and fulfilling career. As a valued member of our high-performing team, we want you to connect with your work, your relationships and your community. Enjoy our comprehensive range of benefits designed to enhance your professional growth, well-being and work-life balance, including the advantages listed here:Paid time off:<ul><li>We want you to take time off for what matters most to you. During your first year of hire, you receive a prorated bank of personal days and vacation time depending on your month of hire.</li><li>Leave programs: Securian’s flexible leave programs allow time off from work for parental leave, caregiver leave for family members, bereavement and military leave.</li></ul>Company-funded pension plan and a 401(k) retirement plan: Share in the success of our company. Securian’s 401(k) company contribution is tied to our performance up to 10 percent of eligible earnings, with a target of 5 percent. The amount is based on company results compared to goals related to earnings, sales and service.Health insurance: From the first day of employment, associates and their eligible family members – including spouses, domestic partners and children – are eligible for medical, dental and vision coverage.Volunteer time: We know the importance of community. Through company-sponsored events, volunteer paid time off, a dollar-for-dollar matching gift program and more, we encourage you to support organizations important to you.Associate Resource Groups: Build connections, be yourself and develop meaningful relationships at work through associate-led ARGs. Dedicated groups focus on a variety of interests and affinities, including:<ul><li>Mental Wellness and Disability</li><li>Pride at Securian Financial</li><li>Securian Young Professionals Network</li><li>Securian Multicultural Network</li><li>Securian Women and Allies Network</li><li>Servicemember Associate Resource Group</li></ul>Securian Financial Group, Inc. does not discriminate based on race, color, religion, national origin, sex, gender, gender identity, sexual orientation, age, marital or familial status, pregnancy, disability, genetic information, political affiliation, veteran status, status in regard to public assistance or any other protected status.

Position Summary:This position is part of the Risk Team within Individual Solutions (IS). The Risk Team provides monitoring, analysis, and management of risks within Individual Life and Annuity including our asset strategies, hedge programs and tolerance thresholds. Our Risk Team is comprised of engaging, curious, and collaborative teammates that seek to deliver high quality actuarial work and value to the organization while having fun and building meaningful relationships in the process.As an Actuarial Consultant, you will play a key role in supporting and advancing our hedging program and strategies and developing proactive risk management analysis that supports Individual Solutions' strategies and enterprise priorities. Individual Solutions serves individuals and families by developing financial professional supported financial security solutions. We are committed to smart growth and building earnings capacity while fulfilling our purpose and contributing to the advancement of enterprise priorities. Our management philosophy balances risk and return, competitive position, and distribution relevance.Responsibilities include, but are not limited to:<ul><li>Develop or enhance actuarial analysis and risk reporting in support of Individual Solutions' risk management, including mortality, longevity, morbidity, and policyholder behavior risks.</li><li>Perform quantitative analysis to assess risk exposures, recommend solutions, and analyze impacts of potential risk management strategies, including reinsurance programs, or sales practice.</li><li>Monitor emerging risks and develop recommendations to IS senior leadership on risk management decisions.</li><li>Provide monitoring and management of the annuity hedge programs including maintaining the annuity hedge models, helping oversee the nightly hedge process, and performing sensitivity analysis to support valuation and capital analysis.</li><li>Manage the life hedging strategy and effectiveness of our IUL hedging program in partnership with ERM and Individual Solutions actuaries.</li><li>Provide subject matter expertise into support of the IS Focused Excellence strategy, including participation on strategy workstreams, in partnership with IS Product Development.</li><li>Maintain strong relationships, deliver innovation and thoughtful debate, and communicate effectively with key partners across Individual Solutions (Product, Risk, and Finance), Securian Asset Management (SAM), and Finance, Risk &amp; Actuarial (FRA).</li></ul>Qualifications:<ul><li>ASA or actively in actuarial exam progress</li><li>Strong creative, analytical, and problem-solving skills to analyze information and form recommendations.</li><li>Effective prioritization skills, including the ability to balance accuracy, resources, and timelines within the bigger picture.</li><li>Proven ability to develop, maintain, and leverage relationships with Individual Solutions and Shared Service teams.</li><li>Communication skills, both verbal and written, to explain processes and results to both technical and non-technical audiences.</li><li>Adaptable and flexible; ability to work on multiple actuarial activities and practice areas</li><li>Knowledge of Individual Life and Annuity products, markets and modeling tools.</li></ul>Physical Job Requirements:<ul><li>Ability to utilize keyboard, mouse, and computer for up to 8 hours per day</li><li>Ability to work at least 40 hours per week</li></ul>Be you. With us. At Securian Financial, we understand that attracting top talent means offering more than just a job - it means providing a rewarding and fulfilling career. As a valued member of our high-performing team, we want you to connect with your work, your relationships and your community. Enjoy our comprehensive range of benefits designed to enhance your professional growth, well-being and work-life balance, including the advantages listed here:Paid time off:<ul><li>We want you to take time off for what matters most to you. During your first year of hire, you receive a prorated bank of personal days and vacation time depending on your month of hire.</li><li>Leave programs: Securian's flexible leave programs allow time off from work for parental leave, caregiver leave for family members, bereavement and military leave.</li></ul>Company-funded pension plan and a 401(k) retirement plan: Share in the success of our company. Securian's 401(k) company contribution is tied to our performance up to 10 percent of eligible earnings, with a target of 5 percent. The amount is based on company results compared to goals related to earnings, sales and service.Health insurance: From the first day of employment, associates and their eligible family members - including spouses, domestic partners and children - are eligible for medical, dental and vision coverage.Volunteer time: We know the importance of community. Through company-sponsored events, volunteer paid time off, a dollar-for-dollar matching gift program and more, we encourage you to support organizations important to you.Associate Resource Groups: Build connections, be yourself and develop meaningful relationships at work through associate-led ARGs. Dedicated groups focus on a variety of interests and affinities, including:<ul><li>Mental Wellness and Disability</li><li>Pride at Securian Financial</li><li>Securian Young Professionals Network</li><li>Securian Multicultural Network</li><li>Securian Women and Allies Network</li><li>Servicemember Associate Resource Group</li></ul>Securian Financial Group, Inc. does not discriminate based on race, color, religion, national origin, sex, gender, gender identity, sexual orientation, age, marital or familial status, pregnancy, disability, genetic information, political affiliation, veteran status, status in regard to public assistance or any other protected status.

Actuarial jobs at Securian Financial