Actuarial Sr Analyst - Valuation

Company: Securian Financial
Location: Lakeville
Posted on: November 20, 2023

Job Description:

* This position is part of the Actuarial exam-taking path. Candidates will be considered at all Actuarial Student levels. At Securian Financial the internal title for this position is Actuarial Analyst, Actuarial Sr. Analyst, Actuarial Consultant, based on qualifications, experience, and exams.

Position Summary:

This position is part of the Valuation Center of Excellence in Enterprise Actuarial Services, a service-oriented function focusing on actuarial valuation and analysis across a variety of products and accounting bases. An associate in this position will be part of creating a supportive and collaborative team environment and furthering Securian's actuarial modernization efforts. They will develop a deep understanding of actuarial valuation, product cashflows, and drivers of financial results.

Responsibilities may include, but are not limited to:

• Calculate actuarial balances and produce supporting analysis to explain results
• Collaborate with the actuarial modeling team to develop valuation models; provide requirements and perform user acceptance testing
• Perform, test, and/or monitor controls and provide support for external and internal auditors
• Research and apply valuation regulations
• Seek to understand the needs and perspectives of various stakeholders of valuation results and develop solutions to meet their needs
• Identify and implement improvements to valuation processes, data, and systems to streamline operations and provide enhanced insights
• Create and maintain thorough documentation for valuation in compliance with Securian standards and applicable Actuarial Standards of Practice (ASOPs)
• Support other associates and projects within the Valuation Center of Excellence in alignment of changing priorities Qualifications:
  • Strong analytical and problem-solving skills along with a willingness to partner with others to get to the best solution.
  • Curiosity and initiative to explore and work through ambiguous topics.
  • Strong written, oral, and interpersonal communication skills to effectively interact with a variety of audiences and a willingness to participate in constructive debate.
  • Solid technical aptitude with the ability to learn complex subject matter.
  • Discipline and ability to adhere to governance standards
  • Self-motivated and flexible; ability to work independently and as part of a team.
  • Strong documentation and organizational skills with attention to details. Preferred Qualifications:
    • Commitment and ability to progress towards the FSA designation
    • Expertise with technical tools (Prophet, R, Excel/VBA)
    • Understanding of financial reporting (GAAP, Statutory)
    • Knowledge of life and annuity products. 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 2-3 days each week in our offices to collaborate and build relationships. Our policy allows flexibility for the reality of business and personal schedules. When working in our offices at least two days per week isn't feasible (vacations, illness, travel, etc.), an eight day per month standard is an option.
      
      Physical Job Requirements:
      • Ability to utilize the keyboard, computer and/or mouse for up to 8 hours per day
      • Ability to work at least 40 hours per week
      • Ability to utilize the phone and/or virtual meeting platform for 1-4 hours per day The physical job requirements described above are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions of jobs.
        
        Securian Financial has been around for 140 years. We're committed to giving back to our community, donating 15,000 employee volunteer hours this past year. We also provide extensive resources to our employees for professional development and growth and a number of diverse professional and social opportunities throughout the company. There's a reason our employees have voted us as a best place to work year after year! In addition:
        • Generous paid time off. We want you to take time off for whatever matters most to you!
        • Tuition reimbursement program. We value continuous learning at Securian!
        • Company-funded pension plan as well as 401K retirement plan - great resources to secure your financial future.
        • Continuous opportunities for new challenges.
        • Variety of health plan options as well as dental and vision plans.
        • Paid maternity/paternity leaves.
          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 Employment@Securian.com, by telephone 651-655-5522 (voice), or 711 (Relay/TTY).
          
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