Hybrid Annuity Actuarial Finance Lead

at Securian Financial

• Job title: Annuity Actuarial Finance Lead
• Job type: Full Time
• Experience level: Senior
• Salary: $111,300 - $207,800 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Saint Paul, United States

About the role

• Annuity Actuarial Finance Lead delivering Individual Annuity actuarial and finance results at Securian Financial. Collaborating with teams to provide insights into earnings and financial metrics.

Responsibilities

• Lead annuity financials
• Lead analysis and explanation of key financial metrics for Individual Annuity quarterly and annual statements
• Evaluate actual-to-expected experience on Individual Annuity interest, expense, and other margins
• Collaborate with Valuation and Modeling centralized functions, and Financial Planning and Analysis function to support transparent, accurate, and unified financial calculations and reporting
• Collaborate with Annuity Valuation and Product Development teams on the development and implementation of actuarial assumptions and inforce management decisions
• Lead Annuity results for our financial forecasting and goal setting cycle (Goals and Plans)
• Lead the development of annuity financial projections and supporting narratives for the annual Goals and Plans efforts, delivering results through others
• Provide sensitivities, projections, and other analysis to identify drivers of results and understand emergence of financials under different scenarios
• Support Annuity strategic objectives
• Serve as subject matter expert on enterprise initiatives requiring individual annuity expertise
• Communicate emerging trends to stakeholders and provide recommendations to drive results
• Support ad hoc analysis for the Board, Executive Leadership, rating agencies, and other stakeholders
• Collaborate with Product Development and other stakeholders on the monitoring and management supporting financial targets

Requirements

• Fellow of the Society of Actuaries designation (FSA) or equivalent credentials or experience
• 5+ years of annuity industry experience in finance, valuation, modeling, and/or product development
• Experience with financial statements and/or the regulatory environment governing annuity products
• Ability to balance analytical rigor with practical execution and strategic thinking to meet evolving business demands.
• Proven track record of analysis and critical thinking skills
• Effective prioritization, project management and maximization of resources skills, including the including leading cross-functional teams and external consultants, to solve high-impact problems.
• Communication skills, both verbal and written, to effectively explain concepts to both finance and non-finance personnel
• Proven ability to develop, maintain, and leverage relationships to effectively collaborate with and influence stakeholders.

Benefits

• 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.