* This position is part of the Actuarial exam-taking path. Candidates will be considered at all Actuarial Student levels. At Securian Financial the internal title for this position is Actuarial Consultant, or Sr. Actuarial Analyst based on qualifications, experience, and exams.
Position Summary:
This position is part of the Valuation Center of Excellence in Enterprise Actuarial Services, a service-oriented function focusing on actuarial valuation and analysis across a variety of products and accounting bases. An associate in this position will be part of creating a supportive and collaborative team environment and furthering Securian’s actuarial modernization efforts. They will develop a deep understanding of actuarial valuation, product cashflows, and drivers of financial results.
Responsibilities may include, but are not limited to:
- Calculate actuarial balances and produce supporting analysis to explain results
- Collaborate with the actuarial modeling team to develop valuation models; provide requirements and perform user acceptance testing
- Perform, test, and/or monitor controls and provide support for external and internal auditors
- Research and apply valuation regulations
- Seek to understand the needs and perspectives of various stakeholders of valuation results and develop solutions to meet their needs
- Identify and implement improvements to valuation processes, data, and systems to streamline operations and provide enhanced insights
- Create and maintain thorough documentation for valuation in compliance with Securian standards and applicable Actuarial Standards of Practice (ASOPs)
- Support other associates and projects within the Valuation Center of Excellence in alignment of changing priorities
Qualifications:
- Strong analytical and problem-solving skills along with a willingness to partner with others to get to the best solution.
- Curiosity and initiative to explore and work through ambiguous topics.
- Strong written, oral, and interpersonal communication skills to effectively interact with a variety of audiences and a willingness to participate in constructive debate.
- Solid technical aptitude with the ability to learn complex subject matter.
- Discipline and ability to adhere to governance standards
- Self-motivated and flexible; ability to work independently and as part of a team.
- Strong documentation and organizational skills with attention to details.
Preferred Qualifications:
- Commitment and ability to progress towards the FSA designation
- Expertise with technical tools (Prophet, R, Excel/VBA)
- Understanding of financial reporting (GAAP, Statutory)
- Knowledge of life and annuity products.
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.
Physical Job Requirements:
- Ability to utilize the keyboard, computer and/or mouse for up to 8 hours per day
- Ability to work at least 40 hours per week
- Ability to utilize the phone and/or virtual meeting platform for 1-4 hours per day
The physical job requirements described above are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions of jobs.
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:
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.
Leave programs: Securian’s flexible leave programs allow time off from work for parental leave, caregiver leave for family members, bereavement and military leave.
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:
Mental Wellness and Disability
Pride at Securian Financial
Securian Young Professionals Network
Securian Multicultural Network
Securian Women and Allies Network
Servicemember Associate Resource Group
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. If you are a job seeker with a disability and require an accommodation to apply for one of our jobs, please contact us by email at Employment@Securian.com, by telephone 651-655-5522 (voice), or 711 (Relay/TTY).
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Working at
Securian Financial Group, Inc.
Securian Financial Group, Inc. is a leading financial services company that provides insurance, investment, and retirement solutions to individuals and businesses. With a history spanning over 140 years, Securian Financial has built a strong reputation for its commitment to customer-centric services and financial security. As an actuary at Securian Financial, you'll be part of a talented team that plays a critical role in assessing and managing risks. Actuaries at Securian Financial utilize their expertise in statistical modeling, data analysis, and financial forecasting to ensure the financial stability and integrity of the company's products and services. Collaborating with cross-functional teams, actuaries at Securian Financial contribute to the development of innovative insurance and investment solutions. Actuaries analyze data, evaluate risks, and provide valuable insights that support informed decision-making and help clients achieve their financial goals. Securian Financial values professional growth and provides actuaries with ongoing training and development opportunities. Actuaries can enhance their skills, stay at the forefront of industry advancements, and shape the future of financial services. Join Securian Financial's esteemed actuarial team and embark on a rewarding career where you can apply your actuarial expertise, make a meaningful impact on clients' financial security, and enjoy competitive benefits in a supportive and collaborative work environment.