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Life Actuarial Finance Lead (Hybrid)

Securian
life insurance, parental leave, paid time off, paid holidays, 401(k), retirement plan
United States, Minnesota, Saint Paul
Apr 23, 2025

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

Position Overview:

As the Life Actuarial Finance Lead, you will be responsible for delivering Individual Life actuarial and finance results, providing analysis and recommendations to drive our strategic objectives. Your efforts and expertise will drive insights into Individual Life earnings, capital, and other financial metrics, informing the future of the business.

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 life insurance financials

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

  • Evaluate actual-to-expected experience on Individual Life mortality, interest, expense, and other margins

  • Collaborate with Valuation, Modeling COEs, and F&PA to support transparent, accurate, and unified financial calculations and reporting

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

Lead life insurance results for Goals and Plans

  • Lead the development of life insurance 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 life insurance strategic objectives

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

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

  • Support ad hoc analysis for Board, 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 insurance industry experience in finance, valuation, modeling, and/or product development

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

  • Proven track record of collaboration, analysis, and communication

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 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.

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

The estimated base pay range for this job is:

$105,000.00 - $196,000.00

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

  • Leave programs: 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. 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 Securian's benefits, please review our Benefits page.

This information is not intended to explain all the provisions of coverage available under these plans. 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 Employment@Securian.com, by telephone 651-655-5522 (voice), or 711 (Relay/TTY).

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