Note: this role is no longer available. Find roles from actively hiring companies at the link below.
Go Home
Securian Financial Group, Inc.

Securian Financial Group, Inc.

Actuarial Sr Consultant- IS Risk Mgmt

Actuarial Sr Consultant- IS Risk Mgmt

Job Details
""
Uploaded On
October 16, 2023
""
Location
Saint Paul, United States
""
Remote?
No
Company Overview
""
Headquarters
Saint Paul, MN
""
Number of Employees
3700
Estimated Number of Actuaries
123
Salary
$
k-$
k
Glassdoor Ratings
""
Recommend to a Friend
62%
""
Overall Score
3.5
[ Overview:

This position is part of the Risk Team within Individual Solutions. 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 Sr Consultant, you will play a key role in championing and advancing Asset Liability Management (ALM) 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.

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

Responsibilities include, but are not limited to:
  • Lead the ALM operations for the Individual Life and Annuity products including setting investment strategies, monitoring ALM limits and targets, and collaborating on strategic ALM solutions with SAM and ERM.
  • Collaborate and maintain relationships with key risk management stakeholders in Individual Solutions, SAM, and Finance, Risk, and Actuarial.
  • Serve on assigned ALM strategic or governance forums, including ALM Group, IS Segregated Portfolio Working Group, or ALM strategic workstreams/projects.
  • Provide input into product development, rate management, and pricing decisions for Individual Life insurance products.
  • Oversee liability reporting and projections for ALM and investment strategy, requiring an understanding of the liability profile and policyholder behavior and collaboration with VCOE, MCOE, and IS Business Intelligence Teams.
  • Develop risk metrics and data/analytics capabilities to aid in analysis of emerging risks and tolerance thresholds to inform and advise IS senior leadership on risk management decisions.
  • Collaborate with ERM and Individual Solutions actuaries to direct strategy and manage the effectiveness of our IUL hedging program.
  • Provide risk expertise on Sale Practices, Premium Financing and Executive Benefits, including reviewing business cases with unique risk profiles to ensure the fit within our risk appetite, monitoring and enforcing risk limits, and making recommendations on large cases.


Qualifications
  • ASA or FSA designation with at least 5 years of relevant experience
  • Strong creative, analytical, and problem-solving skills to analyze information and form recommendations.
  • Effective organization, attention to detail, and prioritization to ensure quality standards and deadlines are met
  • Proven ability to develop, maintain, and leverage relationships with Individual Solutions and Shared Service teams
  • Communication skills, both verbal and written, to explain processes and results to both finance and non-finance personnel
  • Understanding of the risk/reward mindset including the ability to advance the strategies and goals of Individual Solutions while dutifully helping the broader enterprise manage risk
  • Knowledge of Individual Life and Annuity products, markets and distribution models
  • Ability to demonstrate courage and resilience when working on complex actuarial topics and determining solutions to satisfy multiple stakeholders' needs


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

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 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.

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, 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).

To view our privacy statement click here

To view our legal statement click here ]
Apply Now

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.