Actuarial Sr. Consultant - Life Model Owner (Hybrid)

About the role

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.

Responsibilities

• 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
• 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
• 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
• 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
• 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

• 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

Benefits

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.

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.

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.

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

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