2nd Vice President, Financial Planning & Analysis

Securian Financial

Not Interested
Bookmark
Report This Job

profile Job Location:

Saint Paul, MN - USA

profile Monthly Salary: $ 230000 - 280000
Posted on: 4 hours ago
Vacancies: 1 Vacancy

Job Summary

Position Summary

The 2nd Vice President Financial Planning & Analysis (FP&A) is a senior finance leader responsible for shaping and driving the organizations financial planning forecasting and performance management capabilities. Reporting to the Chief Financial Officer this role plays a critical part in aligning financial outcomes with enterprise strategy optimizing capital deployment and delivering actionable insights to executive leadership and the Board.

This leader partners closely with Solution Groups Corporate Accounting and Financial Reporting Treasury and Risk and Actuarial teams to establish financial objectives evaluate performance against return expectations and ensure disciplined capital management across the enterprise and its subsidiaries. While not directly responsible for enterprise risk management or actuarial functions this role integrates their insights into comprehensive financial and capital strategies.

Key Responsibilities

Enterprise Financial Planning & Forecasting

  • Lead the enterprise-wide annual planning and goal-setting process.
  • Develop and manage rolling forecasts and long-range financial plans.
  • Establish and monitor key financial metrics including revenue earnings capital ratios and return measures.
  • Deliver consolidated financial outlooks and insights to senior leadership.
  • Conduct scenario analyses to evaluate the impact of business performance capital allocation and market conditions.
  • Oversee enterprise expense strategy including procurement and expense management to drive efficiency and cost discipline.

Financial Performance Management

  • Design and implement frameworks to measure financial performance across business lines and product segments.
  • Partner with business leaders to track results against plans and return objectives.
  • Lead regular financial performance reviews and executive reporting.
  • Identify performance gaps and recommend actionable solutions.
  • Enhance KPI dashboards and reporting tools to support data-driven decision-making.

Capital Management

  • Support the development optimization and execution of the enterprise capital plan.
  • Monitor and manage economic and statutory capital levels including RBC ratios and holding company liquidity.
  • Partner with Treasury on capital structure strategy and debt management.
  • Oversee capital governance including dividend planning from insurance subsidiaries to the parent company.
  • Coordinate capital planning across legal entities to ensure efficient deployment.

Regulatory Capital & Compliance

  • Ensure compliance with regulatory capital requirements and dividend restrictions.
  • Oversee capital-related components of regulatory filings in partnership with Accounting and Legal.
  • Monitor evolving regulatory standards and assess implications for the organization.
  • Maintain strong governance and documentation over capital planning processes.

Board & Executive Reporting

  • Prepare and deliver materials for executive leadership and Board discussions on financial performance and capital position.
  • Provide clear concise analysis of capital adequacy dividend capacity and financial trends.
  • Support strategic initiatives including mergers and acquisitions with robust financial and capital impact analysis.

Leadership & Team Development

  • Lead develop and inspire a high-performing FP&A and capital management team.
  • Drive continuous improvement in planning forecasting and reporting processes.
  • Foster a culture of analytical rigor accountability and collaboration across finance and business partners.

Qualifications

Required

  • Bachelors degree in Finance Accounting Economics or a related field (MBA CPA or CFA strongly preferred).
  • 812 years of progressive finance experience within life insurance or financial services.
  • Deep expertise in:
    • Financial planning forecasting and analysis
    • Statutory accounting and insurance capital frameworks (including RBC)
    • Dividend regulations and intercompany capital flows
    • Financial performance management and reporting
  • Proven experience preparing executive-level and Board-ready materials.
  • Demonstrated leadership capability with strong cross-functional collaboration skills.

Preferred

  • Experience within a mutual insurance company environment.
  • Strong partnership experience with Accounting Treasury and Actuarial functions.

Core Competencies

  • Strategic financial leadership
  • Capital discipline and governance
  • Executive presence and communication
  • Advanced analytical and modeling capabilities
  • Enterprise mindset with strong collaboration skills
  • Continuous improvement and operational excellence

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 $230000- $280000. 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).

To view our privacy statement click here

To view our legal statement click here


Required Experience:

Exec

Position SummaryThe 2nd Vice President Financial Planning & Analysis (FP&A) is a senior finance leader responsible for shaping and driving the organizations financial planning forecasting and performance management capabilities. Reporting to the Chief Financial Officer this role plays a critical par...
View more view more

About Company

Company Logo

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.

View Profile View Profile