Securian Financial Group

Actuarial Modeling Consultant (Hybrid)

Securian Financial Group$89K — $164K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Self-motivated; capable of working independently and as part of a team.
  • Strong analytical and problem-solving skills; ready to experiment for optimal solutions.
  • Curiosity and initiative to navigate complex topics.
  • Advanced technical aptitude; ability to learn various software/modeling tools.
  • Strong documentation and organizational skills; detail-oriented.

Responsibilities

  • Understand partners' products, markets, and objectives.
  • Develop modeling expertise (e.g., Prophet) for effective and efficient model governance.
  • Act as a modeling liaison to advise and implement strategic initiatives.
  • Identify opportunities for improved modeling results and capabilities.
  • Communicate the impacts of complex model changes to stakeholders.
  • Foster a supportive team environment that values curiosity and collaboration.
  • Adhere to modeling standards and Securian's Modeling Principles.

Benefits

  • Hybrid working arrangement for flexibility between remote and office work.
  • Opportunities for personal and professional growth with mentorship.
  • Supportive team culture that encourages curiosity and collaboration.
Full Job Description

At Securian Financial the internal title for this position is Actuarial Consultant. The title and salary will be determined based on experience and applied skills.

Position Overview

This position is part of the Modeling Development Team in Enterprise Actuarial Services, a service-oriented function focusing on actuarial modeling needs across Securian. You will be part of cultivating a service mindset, seeking to understand and meet the needs of our internal customers. You will develop a deep understanding of actuarial modeling, across a variety of purposes for Individual Life products, to enable stakeholders across the enterprise.

Responsibilities below may be as (or move between) a developer or reviewer depending on the qualifications and experience of the individual in relation to the particular product and project.

  • Seek to understand our partners’ products, markets, responsibilities, and objectives.

  • Build targeted modeling expertise (e.g. Prophet) to support the development and maintenance of effective, efficient, and well governed models across various products and purposes.

  • Serve as a modeling liaison to our partners and help to advise and implement strategic initiatives.

  • Leverage modeling expertise and partner understanding to identify and enable opportunities for improved results, insights, and capabilities.

  • Evaluate and communicate the impacts of complex model changes to stakeholders and model users.

  • Contribute to a supportive team environment that emphasizes curiosity, collaboration, and experimentation.

  • Apply model coding and development standards to models while adhering to Securian’s Modeling Principles and relevant Actuarial Standards of Practice.

Qualifications:
If the responsibilities of this role are appealing to you, but if 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 a need to develop passion or interest!

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

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

  • Curiosity, creativity, and initiative to explore and work through complex or ambiguous topics.

  • Advanced technical aptitude with the ability to learn/use a variety of software/modeling tools, and the ability to learn complex subject matter.

  • Documentation and organizational skills with attention to details.

Preferred Qualifications:

  • ASA or FSA

  • Experience with actuarial modeling (Prophet preferred, but MG-ALFA or MoSes also valued)

  • Experience with Individual Life products Understanding of PBR, LDTI, financial reporting, and/or strategic planning

#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 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:

The estimated base pay range for this job is:

$89,000.00 - $164,300.00

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.

About Securian Financial Group

Securian Financial Group, Inc. is a mutual holding company that provides a range of financial products and services. Founded in St. Paul, Minnesota by Russell Dorr on August 6, 1880, Securian Financial provides insurance, investment retirement products and Trust services to more than 19 million clients in the United States, Puerto Rico and Canada. As of 2018, the company managed $78.6 billion in assets and had nearly $1.2 trillion in insurance in force. Robert Senkler was the CEO from 1994 to 2014. Chris Hilger is the current chairman, president and CEO. Minnesota Mutual Companies, Inc. is the parent holding company headquartered in St. Paul, MN with a mutual ownership model that operates under the name "Securian Financial". It is the parent of Securian Financial Group, Inc., as well as several other companies that provide a broad range of financial services, including:
Learn more about Securian Financial Group
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