Full Job Description
* At Securian Financial the internal title is Actuarial Sr. Consultant.*
Overview:
This position is part of the Model Development Team within Enterprise Actuarial Services (EAS). The Life Model Owner serves as the accountable owner of Securian’s Life Single model and is responsible for ensuring the model is effective, efficient, appropriately governed, and fit for its intended purposes across the enterprise.
The Life Model Owner provides strategic leadership for model development, maintenance, governance, prioritization, and stakeholder engagement. This role serves as the primary modeling subject matter expert for Life products and partners closely with Individual Solutions, Enterprise Risk Management, Valuation, the Appointed Actuary, and other key stakeholders to support critical business and financial reporting needs.
This position is an actuarial leadership role requiring deep modeling expertise, strong business acumen, and the ability to influence decisions across functions while developing modeling capabilities within the broader organization.
Responsibilities may include, but are not limited to:
Life Model Ownership
• Own the Life Single model and ensure it remains fit for purpose across multiple business uses, including LDTI, VM20, Cash Flow Testing, Goals and Plans, Embedded Value, and Pricing
• Lead model strategy, roadmap development, prioritization, and governance activities.
• Ensure models are designed, maintained, tested, documented, and governed in accordance with company policies and actuarial standards.
• Evaluate and communicate the impacts of complex model changes to stakeholders and model users.
Strategic Partnership & Influence
• Serve as the primary modeling liaison and subject matter expert for Life modeling activities.
• Partner closely with Solutions Groups, Enterprise Risk Management, Valuation, Finance, and the Appointed Actuary to support business objectives.
• Influence stakeholder decisions by providing expert analysis, recommendations, and modeling insights.
• Identify opportunities to enhance modeling capabilities, efficiency, governance, and business outcomes.
• Help shape the strategic direction and priorities of Enterprise Actuarial Services.
Technical Leadership
• Maintain deep expertise in Prophet and actuarial modeling best practices.
• Lead the analysis and implementation of significant model enhancements and methodology changes.
• Provide guidance on model architecture, coding standards, controls, testing, and documentation practices.
• Drive continuous improvement initiatives that strengthen modeling capabilities and governance.
Team Leadership & Development
• Lead associates and project teams in the execution of complex modeling initiatives.
• Mentor and develop modeling talent across the Model Development Team.
• Promote best practices related to modeling, coding, testing, documentation, and governance.
• Educate team members and stakeholders on Life product features, modeling methodologies, and model results.
External Engagement
• Maintain awareness of industry developments, emerging modeling practices, and regulatory changes.
• Represent Securian’s interests with modeling vendors, including influencing development and enhancement roadmaps.
• Identify external innovations and best practices that can strengthen enterprise modeling capabilities.
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
• Meaningful experience with actuarial modeling (Prophet preferred, but MG-ALFA or MoSes also valued)
• Experience with Life or Annuity products
• Understanding of PBR, LDTI and/or financial reporting
#LI-hybrid **This position will be in a hybrid working arrangement.**
Preferred Skills:
Actuarial Exams, Actuarial Modeling, Actuarial Science, Aptitude (Inactive), Debating, Experimentation, Financial Reporting and Analysis, Group Problem Solving, Learning Quickly, Reserve Calculation, Service Oriented, Teamwork, Working Independently
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.
Be you. With us.