Annuity Actuarial Finance Lead

*At Securian Financial the internal position title is Actuarial Sr Con *

Position Overview:

As the Annuity Actuarial Finance Lead, you will be responsible for delivering Individual Annuity actuarial and finance results, and providing analysis and recommendations to drive our strategic objectives. You will join the Individual Annuity line in an exciting time ! We are executing a strategic pivot- your efforts and expertise will drive insights into the earnings, capital, and other financial metrics, informing the future of the business.

We are looking for a strategic thought leader that combines their precision as an actuary with their perspective of a business leader to drive outcomes. This role is ideal for someone who sees the big picture and brings a business-minded approach to actuarial insights.

This position is within Individual Solutions Finance team which supports individual life and annuities. The Finance team provides financial reporting, projections, and analysis to drive our business outcomes. This function is critical to fulfilling our purpose to our policyholders and to managing risk and financial results over the life of the business.

Responsibilities include, but are not limited to:

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

• 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

Qualifications:

• 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 the regulatory environment governing annuity products

• 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

• Ability to balance analytical rigor with practical execution to meet evolving business demands.

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.

#PIQ

#LI-hybrid **This position will be in a hybrid working arrangement.**