2nd VP-Life & Annuity Product Development (Hybrid)

Securian Financial

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profile Job Location:

Saint Paul, MN - USA

profile Monthly Salary: $ 226000 - 306000
Posted on: 9 days ago
Vacancies: 1 Vacancy

Job Summary

*At Securian Financial the internal position title is 2nd VP-Life & Annuity Product Development.*

Job Overview

Securian is seeking an accomplished insurance product leader to serve as 2nd VP Life & Annuity Product Development within the Individual Solutions executive leadership this role you will define and govern the integrated Life and Annuity product strategy with direct accountability for growth profitability capital efficiency and longterm franchise value.

You will lead the full product lifecyclefrom market insight and product design to pricing governance launch execution and inforce management. Decisions made in this role directly influence statutory and GAAP earnings capital deployment competitive positioning and enterprise risk outcomes.

This leader will shape the multiyear product roadmap balancing market opportunity capital constraints distribution relevance and enterprise risk appetite. The role requires a strategic thinker and industry leader who can translate market and regulatory insights into innovative solutions that drive profitable growth.

The 2nd VP Life & Annuity Product Development will report to the SVP Individual Solutions.

Core Responsibilities

Enterprise Product Strategy

  • Define and lead the integrated Life and Annuity product strategy determining where and how the organization competes across product lines and distribution channels.

  • Develop and execute a multiyear product roadmap aligned with enterprise strategy market opportunity and capital objectives.

  • Translate competitive intelligence market trends and advisor insights into differentiated product solutions that drive sustainable growth.

  • Ensure the product portfolio remains competitive innovative and aligned with evolving customer and channel partner needs.

Pricing Profitability & Capital Stewardship

  • Own pricing strategy and governance across the life and annuity portfolio.

  • Provide final approval authority for new product pricing recommendations prior to regulatory filing.

  • Ensure product designs meet profitability targets and align with capital objectives and enterprise risk appetite.

  • Balance disciplined tradeoffs between growth margin and risk to optimize longterm financial performance.

Industry Distribution & Regulatory Leadership

  • Represent Securian with key industry and regulatory organizations (e.g. ACLI NAIC LL Global).

  • Monitor emerging industry regulatory and economic developments and translate insights into proactive product and pricing strategies.

  • Maintain senior relationships with key distribution partners to ensure product strategy aligns with market demand and advisor needs.

  • Serve as a visible industry advocate for innovation in life and annuity solutions.

Enterprise Partnership & Product Execution

  • Partner with leaders across the company; Distribution Finance ERM Asset Management Legal Marketing Operations and Enterprise Technology to deliver product launches and enhancements.

  • Establish governance prioritization frameworks and execution cadence for product initiatives.

  • Drive consistent delivery of highquality product launches and ongoing portfolio optimization.

Organizational Leadership

  • Lead and develop a highperforming team of actuarial and product development leaders.

  • Build a strong pipeline of future actuarial and product leadership talent.

  • Foster a culture of innovation accountability collaboration and continuous improvement.

Qualifications

  • 12 years of progressive leadership experience in insurance financial services or a related industry.

  • Deep expertise in life insurance and annuity product development pricing and portfolio management.

  • Demonstrated ability to translate market insights into innovative product strategies that drive profitable growth.

  • Strong understanding of capital management financial performance drivers and enterprise risk considerations within insurance product design.

  • Demonstrated ability to lead through influence in a complex matrixed organization and align senior stakeholders.

  • Exceptional strategic thinking decision-making and communication skills.

  • Experience representing an organization with industry bodies regulators or major distribution partners.

  • Proven ability to manage talent develop highperforming teams and champion team culture.

  • Proven ability to work in a matrix shared services operating model

Preferred Qualifications

  • Fellow of the Society of Actuaries (FSA) or comparable actuarial designation.

  • Experience leading both life insurance and annuity product portfolios.

  • Prior executive leadership experience in a large insurance or financial services organization.

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

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.

The estimated base pay range for this job is $226000- $306000. Pay may vary depending on job-related factors and individual experience skills knowledge etc. This job is also eligible for both an annual incentive program and a long-term incentive program. More information will be provided during the hiring process and 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 2nd VP-Life & Annuity Product Development.* Job OverviewSecurian is seeking an accomplished insurance product leader to serve as 2nd VP Life & Annuity Product Development within the Individual Solutions executive leadership this role you will de...
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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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