* 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.**
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:
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. 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
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 [email protected], by telephone 651-655-5522 (voice), or 711 (Relay/TTY).
