Life Valuation - Actuarial Analyst

Position Summary :

This position is part of the Valuation Center of Excellence in Enterprise Actuarial Services, a service-oriented function focusing on actuarial valuation and analysis across a variety of products and accounting bases. An associate in this position will be part of creating a supportive and collaborative team environment and furthering Securian’s actuarial modernization efforts. They will develop a deep understanding of actuarial life valuation, product cashflows, and drivers of financial results.

What’s in it for you

You will participate in the Actuarial Student Program at Securian Financial, which supports students in exam progression through study time, fee and material support, and other incentives. Joining us now is a chance to establish your role here, build out your skills, and grow with us as we continue to scale.

You will have opportunities to develop critical actuarial and managerial skills encompassing all facets of a full Actuary role before completing your exams. In addition, you will have increased exposure and mentorship to our industry and services, as well as the chance to apply your learning to practical business situations and recommend methodologies.

As a company that promotes a work-life balance, you will work remotely for part of the week and operate on a flexible schedule.

If the responsibilities of this role are appealing to you, but you don’t meet all the qualifications, don’t hesitate to apply! Our primary goal is to find the right person with a passionate interest for being successful in these responsibilities. We would rather have the passionate interest with a path to grow, than qualifications ready and trying to develop an interest!

Responsibilities may include :

Calculate actuarial balances and produce supporting analysis to explain results

Collaborate with the actuarial modeling team to develop life valuation models; provide requirements and perform user acceptance testing

Perform, test, and / or monitor controls and provide support for external and internal auditors

Research and apply valuation regulations

Seek to understand the needs and perspectives of various stakeholders of life valuation results and develop solutions to meet their needs

Identify and implement improvements to life valuation processes, data, and systems to streamline operations and provide enhanced insights

Create and maintain thorough documentation for life valuation in compliance with Securian standards and applicable Actuarial Standards of Practice (ASOPs)

Support other associates and projects within the Valuation Center of Excellence in alignment of changing priorities

Qualifications :

Strong analytical and problem-solving skills along with a willingness to partner with others to get to the best solution.

Curiosity and initiative to explore and work through ambiguous topics.

Written, oral, and interpersonal communication skills to effectively interact with a variety of audiences and a willingness to participate in constructive debate.

Solid technical aptitude with the ability to learn complex subject matter.

Discipline and ability to adhere to governance standards

Self-motivated and flexible; ability to work independently and as part of a team.

Strong documentation and organizational skills with attention to details.

Preferred Qualifications :

Commitment and ability to progress towards the FSA designation

Expertise with technical tools (Prophet, R, Excel / VBA)

Understanding of financial reporting (GAAP, Statutory)

Knowledge of life products.

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

Ability to utilize telephone for 2-4 hours per day

Ability to perform grasping tasks throughout the entire work day (examples : handwriting, grasping of equipment / machines, paper manipulation, sorting, folding, handling stacks of paper)

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.

The estimated base pay range for this job is :

$52,500.00 - $97,500.00

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 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. During your first year of hire, you receive a prorated bank of personal days and vacation time depending on your month of hire.

Leave programs : Securian’s flexible leave programs allow time off from work for parental leave, caregiver leave for family members, bereavement and military leave.

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. 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