Actuarial Modeling Consultant (Hybrid)
This position is part of the Modeling Development Team in Enterprise Actuarial Services, a service-oriented function focusing on actuarial modeling needs across Securian. You will cultivate a service mindset, seeking to understand and meet the needs of internal customers while developing deep expertise in actuarial modeling for Individual Life products to enable stakeholders across the enterprise.
Responsibilities
- Seek to understand partners’ products, markets, responsibilities, and objectives.
- Build targeted modeling expertise (e.g., Prophet) to support the development and maintenance of effective, efficient, and well-governed models across various products and purposes.
- Serve as a modeling liaison to partners, advising and implementing strategic initiatives.
- Leverage modeling expertise and partner understanding to identify and enable opportunities for improved results, insights, and capabilities.
- Evaluate and communicate the impacts of complex model changes to stakeholders and model users.
- Contribute to a supportive team environment that emphasizes curiosity, collaboration, and experimentation.
- Apply model coding and development standards while adhering to Securian’s Modeling Principles and relevant Actuarial Standards of Practice.
- Responsibilities may shift between developer and reviewer roles based on qualifications, experience, product, and project needs.
Qualifications
- Self-motivated and flexible; ability to work and learn independently and as part of a team.
- Strong analytical and problem-solving skills with a willingness to experiment to find 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 and modeling tools.
- Ability to learn complex subject matter quickly.
- Strong documentation and organizational skills with attention to detail.
If the responsibilities of this role appeal to you but you don’t meet all qualifications, we encourage you to apply. We prioritize passionate interest and growth potential over meeting every qualification.
Preferred Qualifications
- ASA or FSA designation.
- Experience with actuarial modeling (Prophet preferred, but MG-ALFA or MoSes also valued).
- Experience with Individual Life products.
- Understanding of PBR, LDTI, financial reporting, and/or strategic planning.
- Paid Time Off: Flexible PTO program allowing associates to take meaningful time away, with additional PTO awarded based on tenure.
- Leave Programs: Parental leave, caregiver leave, bereavement leave, and military leave.
- Holidays: Nine company-paid holidays per year.
- Retirement Plans: Company-funded pension plan and a 401(k) retirement plan with a company contribution tied to performance (target of 5%, up to 10% of eligible earnings).
- Health Insurance: Medical, dental, and vision coverage available from the first day of employment for associates and eligible family members, including spouses, domestic partners, and children.
- Volunteer Time: Paid volunteer time off, dollar-for-dollar matching gift program, and company-sponsored volunteer events.
- Associate Resource Groups (ARGs): Employee-led groups focused on shared 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
Schedule
This position follows a hybrid working arrangement. Associates work 3 days per week in the office (within a 90-minute commutable distance) and have flexibility for remote work based on business and personal schedules.
Pay
The estimated base pay range for this role is $89,000 – $164,300. Pay may vary based on experience, skills, knowledge, and other job-related factors. Incentive pay may also be available and will be discussed with the Talent Acquisition team.