Securian Financial Group, headquartered in Saint Paul, Minnesota, is a leading provider of insurance, investment, and retirement solutions. Established in 1880, Securian Financial is a mutual holding company that operates through various subsidiaries to offer a wide range of financial products and services. With a commitment to financial strength, innovation, and exceptional customer service, Securian Financial helps individuals, families, and businesses achieve financial security and peace of mind.

Services and Solutions

Securian Financial provides a comprehensive suite of financial products and services designed to meet the diverse needs of its clients. Key service areas include:

1. Life Insurance: Securian Financial offers various life insurance products, including term life, whole life, universal life, and variable universal life insurance. These products provide financial protection for policyholders and their beneficiaries, ensuring peace of mind and financial security.
2. Retirement Planning: The company provides comprehensive retirement planning solutions, including individual retirement accounts (IRAs), 401(k) plans, pension plans, and annuities. These products help individuals accumulate savings and generate income during retirement.
3. Investment Products: Securian Financial offers a range of investment products, including mutual funds, managed accounts, and brokerage services. These products help clients grow and protect their assets through diversified investment strategies.
4. Employee Benefits: Securian Financial provides group life insurance, disability insurance, dental and vision insurance, and retirement plans for employers. These products help businesses attract and retain top talent while providing valuable benefits to employees.
5. Wealth Management: The company delivers personalized wealth management services, including financial planning, estate planning, and tax management. Securian’s team of financial advisors works closely with clients to create customized investment strategies that align with their financial goals.

Actuarial Opportunities

Securian Financial offers a range of opportunities for actuaries, particularly within its life insurance, retirement planning, and investment divisions. Actuaries at Securian Financial play a crucial role in product development, pricing, risk assessment, and financial forecasting. Key areas where actuaries contribute include:

• Product Pricing: Developing and implementing pricing strategies for various insurance and financial products to ensure competitiveness and financial sustainability.
• Risk Management: Analyzing and managing the risks associated with insurance and investment products to maintain the company’s financial strength and stability.
• Data Analysis and Modeling: Leveraging advanced data analytics and modeling techniques to analyze market trends, forecast financial outcomes, and support decision-making processes.
• Financial Reporting and Compliance: Ensuring that products and services comply with regulatory requirements and industry standards. This includes preparing actuarial reports and maintaining actuarial documentation.
• Research and Development: Conducting research on emerging trends, market dynamics, and innovative solutions to enhance Securian Financial’s product offerings and service capabilities.

Employee Benefits and Compensation

Securian Financial is dedicated to attracting and retaining top actuarial talent by offering competitive compensation and a comprehensive benefits package. Key benefits include:

• Health and Wellness: Securian Financial provides comprehensive health insurance plans, including medical, dental, and vision coverage. The company also offers wellness programs, fitness incentives, and mental health support to promote employee well-being.
• Retirement and Savings: Employees have access to a 401(k) plan with company match, along with other retirement savings options. Securian Financial also offers financial planning services to help employees plan for their future.
• Work-Life Balance: Securian Financial supports a healthy work-life balance with flexible work arrangements, including remote work options and generous paid time off. The company also offers family leave and childcare support.
• Professional Development: Securian Financial invests in employee growth through continuous learning opportunities, including tuition reimbursement, professional certifications, leadership training, and career advancement programs.
• Diversity and Inclusion: Securian Financial is committed to fostering a diverse and inclusive work environment. The company offers various employee resource groups, diversity training programs, and initiatives to promote inclusion.

Business Divisions

Securian Financial operates through several key business divisions, each specializing in different areas of financial services:

• Life Insurance: Provides a variety of life insurance products, including term life, whole life, universal life, and variable universal life insurance.
• Retirement Planning: Offers comprehensive retirement planning solutions, including IRAs, 401(k) plans, pension plans, and annuities.
• Investment Products: Delivers a range of investment products, including mutual funds, managed accounts, and brokerage services.
• Employee Benefits: Provides group life insurance, disability insurance, dental and vision insurance, and retirement plans for employers.
• Wealth Management: Offers personalized wealth management services, including financial planning, estate planning, and tax management.

Summary

Securian Financial Group is a leader in providing innovative insurance and financial solutions, dedicated to helping individuals, families, and businesses achieve financial security and peace of mind. With a strong presence in the United States and a commitment to exceptional service, Securian Financial offers comprehensive financial products and a supportive work environment, making it an attractive employer for actuaries and other financial professionals. Actuarial professionals looking for opportunities at Securian Financial can expect to find a dynamic workplace that values innovation, professional development, and employee well-being.

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