Securian Financial Group

Lead - Closed Block Business

Securian Financial Group$116K — $217K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Proven ability to own outcomes in complex, cross-functional environments.
  • Experience leading through influence without direct authority.
  • Strong background in building trusted partnerships with external vendors.
  • Excellent problem-solving skills to navigate ambiguity.
  • Effective communication with senior stakeholders.
  • Finance and/or accounting experience, particularly in financial reporting.

Responsibilities

  • Build and manage strategic relationships with key external partners.
  • Serve as the primary point of coordination for closed block business operations.
  • Facilitate resolution of cross-functional issues among stakeholders.
  • Establish governance forums and performance measures for oversight.
  • Monitor partner performance against service expectations.
  • Lead strategic initiatives requiring cross-functional coordination.
  • Identify opportunities to enhance operational effectiveness.

Benefits

  • Hybrid work model promoting a balance between in-office and remote work.
  • Collaborative office environment to strengthen interpersonal relationships.
Full Job Description
*We are open to considering candidates at either the P4 (Business Operations Senior Consultant) or P5 (Business Operations Consulting Director) level for this opportunity. Please connect with the recruiter during the interview process to discuss which level may be the best fit based on your experience and qualifications.* Overview: This role serves as the primary relationship leader and business steward for Securian's closed block business (fully reinsured and third-party administered blocks, including Basin, Ascend, IL DI, and IL LTC). Success in this role is grounded in building strong partnerships, coordinating across a broad stakeholder network, and ensuring the long-term health and effectiveness of the closed block ecosystem. As thecentral pointof connection between external partners and internal stakeholders, this role fosters trusted relationships, drives accountability, resolves complex issues, and creates clarity across organizational boundaries. The individual will serve as a strategic coordinator, bringing togetherexpertisefrom actuarial, finance, legal, compliance, operations, technology, and distribution teams to ensure businessobjectivesare achieved efficiently and effectively. These businessesoperatewithin complex administrative, reinsurance, and regulatory structures that require thoughtful oversight and strong partnership management. This role ensures stakeholdersremainaligned,governance is effective, and the overall operating modelremainsstable, resilient, and efficient over time. Key Accountabilities: Serve as the primary relationship owner for third-party administrators, reinsurers, consultants, and other key external partnersto drive effective service delivery Lead and develop the closedblockfinance and accounting team,establishingpriorities, building organizational capability, and ensuring successful delivery of financial reporting, projection, expense management, and audit-related outcomes. Strengthengovernance, controls, and decision-making frameworks, reducing operational risk and complexity, and improving cross-functional coordination, accountability, and stakeholder alignment. Drive a resilient, steady-state operating model Orchestrate the execution of cross-functional initiatives by connecting people, processes, and workstreams across actuarial, finance, technology, legal, compliance, distribution, and operations to ensure efficient and effective delivery. Serve as a trusted advisor who influences, collaborates, and builds alignment across key stakeholders, helping leaders navigate competing priorities, make informed decisions, and achieve desired business outcomes. Provide enterprise leadership and influencetodrive successful Closed Block management Monitorexternalpartnerperformance and service delivery,leveragingservice level agreements and establishedrelationshipsto drive accountability, address issues proactively, and ensure expected outcomes are achieved. Establish trusted partnerships, promote transparency and accountability, and ensure external relationships support the long-termobjectivesof the closedblockbusiness. Responsibilities may include, but are not limited to: Build and manage strategic relationships with third-party administrators, reinsurers, consultants, and other key service providers. Serve as the primary point of coordination for the closedblockbusiness across internal and external stakeholders. Facilitate resolution of cross-functional issues, helping stakeholders navigate competing priorities and achieve desired outcomes. Establish governance forums, communication structures, performance measures, and escalation pathways. Monitor partner performance and ensure accountability against service expectations and contractual obligations. Lead strategic initiatives and special projects that require coordination across multiple functions and organizations. Identifyopportunities to enhance operational effectiveness, improve partner engagement, and reduce complexity. Leadfinancial reporting, forecasting, audit support, and financial analysis activities Maintain oversight of financial results and emerging trends to support informed business decisions. Qualifications: If this role aligns with your experience and interests, but youdon99tmeet every qualification, we encourage you to apply. We are seeking individuals who bring ownership, leadership, and a drive to improve complex systems. Required Qualifications: Demonstrated ability toown outcomes in complex, cross-functional environments. Proven ability tolead through influence, coordinating across teams without direct authority. Experience building trusted partnerships withexternal vendors or third-party service providers. Strong problem-solving skills, with the ability to navigate ambiguity and drive clarity independently and working through others. Effective communication skills, including the ability to engage with senior stakeholders. Finance and/or accounting background, withpreferredexperience in financial reporting, controls, and analysis. Preferred Qualifications: Experience with reinsurance, third-party administration, or closed block business. Familiarity with life insurance and annuity products. Experience supporting regulatory requests, audits, or governance frameworks. Exposure to M&A integration or large-scale operational transitions. 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 you99re in a commutable distance (90 minutes), you99ll 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. The salary range listed below reflects the P5 (Business Operations Consulting Director) level. If hired at the P4 (Business Operations Senior Consultant) level, the estimated base salary range for this job is $91,700 to $169,600. Preferred Skills: Collaboration, Cross-Functional Teamwork, Detail-Oriented, External Communication, Issue Identification, Leadership, Proactive Thinking, Researching, Troubleshooting The estimated base pay range for this job is: $116,600.00 - $217,300.00 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. Be you. With us. At Securian Financial, we understand that attracting top talent means offering more than just a job 6 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 what99s important to them. And Securian Financial rewards associates for their service by providing additional PTO the longer you stay at Securian. Leave programs: Securian99s 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. Securian99s 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 6 including spouses, domestic partners and children 6 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: 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 Securian99s benefits, please review our . 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.

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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