Annuity Actuarial Finance Lead

Securian Financial

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profile Job Location:

Saint Paul, MN - USA

profile Monthly Salary: $ 105000 - 196000
Posted on: 30+ days ago
Vacancies: 1 Vacancy

Job Summary

*At Securian Financial the internal position title is Actuarial Sr Con *

Position Overview:

As the Annuity Actuarial Finance Lead you will be responsible for delivering Individual Annuity actuarial and finance results and providing analysis and recommendations to drive our strategic objectives. You will join the Individual Annuity line in an exciting time ! We are executing a strategic pivot- your efforts and expertise will drive insights into the earnings capital and other financial metrics informing the future of the business.

We are looking for a strategic thought leader that combines their precision as an actuary with their perspective of a business leader to drive outcomes. This role is ideal for someone who sees the big picture and brings a business-minded approach to actuarial insights.

This position is within Individual Solutions Finance team which supports individual life and annuities. The Finance team provides financial reporting projections and analysis to drive our business outcomes. This function is critical to fulfilling our purpose to our policyholders and to managing risk and financial results over the life of the business.

Responsibilities include but are not limited to:

Lead annuity financials

  • Lead analysis and explanation of key financial metrics for Individual Annuity quarterly and annual statements

  • Evaluate actual-to-expected experience on Individual Annuity interest expense and other margins

  • Collaborate with Valuation and Modeling centralized functions and Financial Planning and Analysis function to support transparent accurate and unified financial calculations and reporting

  • Collaborate with Annuity Valuation and Product Development teams on the development and implementation of actuarial assumptions and inforce management decisions

Lead Annuity results for our financial forecasting and goal setting cycle (Goals and Plans)

  • Lead the development of annuity financial projections and supporting narratives for the annual Goals and Plans efforts

  • Provide sensitivities projections and other analysis to identify drivers of results and understand emergence of financials under different scenarios

Support Annuity strategic objectives

  • Serve as subject matter expert on enterprise initiatives requiring individual annuity expertise

  • Communicate emerging trends to stakeholders and provide recommendations to drive results

  • Support ad hoc analysis for the Board Executive Leadership rating agencies and other stakeholders

  • Collaborate with Product Development and other stakeholders on the monitoring and management supporting financial targets

Qualifications:

  • Fellow of the Society of Actuaries designation (FSA) or equivalent credentials or experience

  • 5 years of annuity industry experience in finance valuation modeling and/or product development

  • Experience with financial statements and the regulatory environment governing annuity products

  • Proven track record of analysis and critical thinking skills

  • Effective prioritization project management and maximization of resources skills including the including leading cross-functional teams and external consultants to solve high-impact problems.

  • Communication skills both verbal and written to effectively explain concepts to both finance and non-finance personnel

  • Proven ability to develop maintain and leverage relationships to effectively collaborate with and influence stakeholders

  • Ability to balance analytical rigor with practical execution to meet evolving business demands.

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 youre in a commutable distance (90 minutes) youll join us 3 days each week in our offices to collaborate and build relationships. Our policy allows flexibility for the reality of business and personal schedules.

#PIQ

#LI-hybrid **This position will be in a hybrid working arrangement.**

The estimated base pay range for this job is:

$105000.00 - $196000.00

Pay may vary depending on job-related factors and individual experience skills knowledge etc. More information on base pay and incentive pay (if applicable) can be discussed with a member of the Securian Financial Talent Acquisition team.

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. Our PTO program provides flexibility for associates to take meaningful time away from work to relax recharge and spend time doing whats important to them. And Securian Financial rewards associates for their service by providing additional PTO the longer you stay at Securian.

  • Leave programs: Securians flexible leave programs allow time off from work for parental leave caregiver leave for family members bereavement and military leave.

  • Holidays: Securian provides nine company paid holidays.

Company-funded pension plan and a 401(k) retirement plan: Share in the success of our company. Securians 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 Securians benefits please review our Benefits page.

This information is not intended to explain all the provisions of coverage available under these 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 by telephone (voice) or 711 (Relay/TTY).

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*At Securian Financial the internal position title is Actuarial Sr Con *Position Overview:As the Annuity Actuarial Finance Lead you will be responsible for delivering Individual Annuity actuarial and finance results and providing analysis and recommendations to drive our strategic objectives. You wi...
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At Securian Financial, we provide solutions that let you focus on your most important asset: family. Our insurance, investment and retirement solutions give you the confidence to focus on what’s truly valuable: banking memories with those who matter most.

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