Finance Actuary
$111.3k - $207.8kSecurian Financial
Actuarial Senior Consultant - Life Product Development Team (Hybrid)Applylocations: R-010741*\*At Securian Financial the internal position title is Actuarial Sr Con.\* ***This role will be responsible for leading and supporting product development initiatives that help achieve Securian's Life sales, earnings, and capital objectives. This role requires expertise in Securian’s Life Insurance products, an understanding of the regulatory environment surrounding life products, and the ability to work effectively with stakeholders across the organization to compete and win.This role will serve as primary Traditional Life product actuarial partner across Individual Solutions and enterprise teams. The ideal candidate will be a self-motivated individual with strong actuarial judgement, technical expertise, and clear communication skills to successfully bring products to market and manage them post launch.**Drive execution of product initiatives from concept through launch, including design, pricing, filing, illustrations, system, marketing, education, and working with external vendors where appropriate.* Fixed & Variable Rate Setting -- provide recommendations (in partnership with Finance) for interest sensitive product elements, including but not limited to indexed account caps, fixed account rates, variable loan rates, and other non-guaranteed elements.* Make decisions for product exception requests for large case pricing, illustrations, policy size, and unique one-off situations.* Support ongoing product management by monitoring performance, competitiveness, regulatory developments, and emerging product risks.* Prepare and sign statements of actuarial opinion for traditional life insurance filings with various state insurance departments and respond to objections where appropriate.* Work direct life pricing associates & actuaries to advance ad hoc analyses, product research, and product implementation.* Represent Individual Solutions Product and Actuarial as a senior consultant and expert in governance forums and cross-functional committees, providing technical viewpoints and strong engagement with others.**Qualifications:*** FSA designation* Member of the American Academy of Actuaries.* Strong understanding of the regulatory environment governing life insurance products, including illustration regulations, state jurisdictions, and filing requirements.* Strong understanding of and collaboration with distribution partners, including BGAs, BDs, FIs, and other key distribution channels.**Ability to synthesize complex & detailed analysis for senior leadership.* Strong creative, analytical, and problem-solving skills to analyze information and form recommendations.* LI-hybrid \*\*This position will be in a hybrid working arrangement.\*\*Securian Financial believes in hybrid work as an integral part of our culture. If you’re in a commutable distance (90 minutes) you’ll 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.**Preferred Skills:**AI Concepts, Business Acumen, Coaching, Communication, Consulting, Critical Thinking, Data Analysis, Decision Making, Design, Financial Analysis, Leadership, Mathematics, Proactive Behavior, Problem Solving, Project Management, Risk Management, Stakeholder Management, Statistical Software, Strategic Thinking, Written Communication**The estimated base pay range for this job is:**$111,300.00 - $207,800.00**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.** **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. And Securian Financial rewards associates for their service by providing additional PTO the longer you stay at Securian.* **Securian’s 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. Securian’s 401(k) company contribution is tied to our performance up to 10 percent of eligible earnings, with a target of 5 percent. 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. Environmental Health & Sustainability* 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 Securian’s benefits, please review our Benefits page. In 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 View email address on click.appcast.io, by telephone View phone number on click.appcast.io (voice), or 711 (Relay/TTY). Securian Financial is a drug-free workplace.
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