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Securian Financial Group, Inc.

Securian Financial Group, Inc.

Actuarial Consultant

Actuarial Consultant

Job Details
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Uploaded On
June 29, 2023
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Location
Saint Paul, United States
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Remote?
No
Company Overview
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Headquarters
Saint Paul, MN
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Number of Employees
3700
Estimated Number of Actuaries
123
Salary
$
k-$
k
Glassdoor Ratings
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Recommend to a Friend
62%
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Overall Score
3.5
[ Overview:

This position is part of the Finance team within the Individual Solutions (IS) Market Segment. The Finance team provides financial reporting, projections, and analysis through quarterly earnings and annual goals and plans processes including creating of annual budgets and ongoing expense management. All in support of prioritizing and delivering Market Segment and Enterprise outcomes.

This position is part of the Actuarial exam-taking path. At Securian Financial the internal title for this position is Actuarial Sr. Analyst of Actuarial Consultant. The title and salary will be determined based on experience and exam progress.

Responsibilities include:
  • Execute and maintain various quarterly processes supporting the creation of the quarterly results packet
  • Collaborate with VCOE to support transparency, accurate, and unified financial calculations and business
  • Evaluate actual-to-expected experience on Individual Life death claims and deliver monthly reports and analysis
  • Collaborate with SBS, the Reinsurance COE, and the Valuation COE to ensure consistent understanding of mortality experience and appropriate treatment
  • Analyze and deliver reporting on key financial metrics for Individual Life Goals & Plans process
  • Collaborate with FP&A on explanation, understand, and updates to key measures
  • Build and perform experience studies for key Individual Life assumptions including mortality, lapse, and expense.
  • Collaborate with Valuation COE and Product Development on assumption impacts and implementation of changes


Qualifications:
  • ASA/Near ASA designation
  • Strong creative, analytical and problem-solving skills to analyze information and form recommendations
  • Maintain and drive relationships with internal teams
  • Ability to deliver results under tight timelines


Preferred Qualifications:
  • 2+ years financial analysis experience
  • Background/Understanding of insurance products and their financial statements


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 keyboard, mouse and computer for up to 8 hours per day
  • Ability to work at least 40 hours per week
  • Ability to utilize telephone for 2-4 hours per day
  • Ability to perform grasping tasks 2-4 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 accommodations may be made to enable individuals with disabilities to perform the essential functions of jobs.

Securian Financial has been around for 140 years. We're committed to giving back to our community, donating 15,000 employee volunteer hours this past year. We also provide extensive resources to our employees for professional development and growth and a number of diverse professional and social opportunities throughout the company. There's a reason our employees have voted us as a best place to work year after year! In addition:
  • Generous paid time off. We want you to take time off for whatever matters most to you!
  • Tuition reimbursement program. We value continuous learning at Securian!
  • Company-funded pension plan as well as 401K retirement plan - great resources to secure your financial future.
  • Continuous opportunities for new challenges.
  • Variety of health plan options as well as dental and vision plans.
  • Paid maternity/paternity leaves.


Securian Financial Group, Inc. does not discriminate based on race, color, religion, national origin, sex, 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.