2nd Vice President, Financial Planning & Analysis

Securian Financial • Saint Paul, MN

21h • Hybrid

About The Position

The 2nd Vice President, Financial Planning & Analysis (FP&A) is a senior finance leader responsible for shaping and driving the organization’s financial planning, forecasting, and performance management capabilities. Reporting to the Chief Financial Officer, this role plays a critical part in aligning financial outcomes with enterprise strategy, optimizing capital deployment, and delivering actionable insights to executive leadership and the Board. This leader partners closely with Solution Groups, Corporate Accounting and Financial Reporting, Treasury, and Risk and Actuarial teams to establish financial objectives, evaluate performance against return expectations, and ensure disciplined capital management across the enterprise and its subsidiaries. While not directly responsible for enterprise risk management or actuarial functions, this role integrates their insights into comprehensive financial and capital strategies.

Requirements

• Bachelor’s degree in Finance, Accounting, Economics, or a related field (MBA, CPA, or CFA strongly preferred).
• 8–12+ years of progressive finance experience within life insurance or financial services.
• Deep expertise in: Financial planning, forecasting, and analysis
• Statutory accounting and insurance capital frameworks (including RBC)
• Dividend regulations and intercompany capital flows
• Financial performance management and reporting
• Proven experience preparing executive-level and Board-ready materials.
• Demonstrated leadership capability with strong cross-functional collaboration skills.

Nice To Haves

• Experience within a mutual insurance company environment.
• Strong partnership experience with Accounting, Treasury, and Actuarial functions.

Responsibilities

• Lead the enterprise-wide annual planning and goal-setting process.
• Develop and manage rolling forecasts and long-range financial plans.
• Establish and monitor key financial metrics, including revenue, earnings, capital ratios, and return measures.
• Deliver consolidated financial outlooks and insights to senior leadership.
• Conduct scenario analyses to evaluate the impact of business performance, capital allocation, and market conditions.
• Oversee enterprise expense strategy, including procurement and expense management, to drive efficiency and cost discipline.
• Design and implement frameworks to measure financial performance across business lines and product segments.
• Partner with business leaders to track results against plans and return objectives.
• Lead regular financial performance reviews and executive reporting.
• Identify performance gaps and recommend actionable solutions.
• Enhance KPI dashboards and reporting tools to support data-driven decision-making.
• Support the development, optimization, and execution of the enterprise capital plan.
• Monitor and manage economic and statutory capital levels, including RBC ratios and holding company liquidity.
• Partner with Treasury on capital structure strategy and debt management.
• Oversee capital governance, including dividend planning from insurance subsidiaries to the parent company.
• Coordinate capital planning across legal entities to ensure efficient deployment.
• Ensure compliance with regulatory capital requirements and dividend restrictions.
• Oversee capital-related components of regulatory filings in partnership with Accounting and Legal.
• Monitor evolving regulatory standards and assess implications for the organization.
• Maintain strong governance and documentation over capital planning processes.
• Prepare and deliver materials for executive leadership and Board discussions on financial performance and capital position.
• Provide clear, concise analysis of capital adequacy, dividend capacity, and financial trends.
• Support strategic initiatives, including mergers and acquisitions, with robust financial and capital impact analysis.
• Lead, develop, and inspire a high-performing FP&A and capital management team.
• Drive continuous improvement in planning, forecasting, and reporting processes.
• Foster a culture of analytical rigor, accountability, and collaboration across finance and business partners.

Benefits

• Paid time off
• Leave programs (parental leave, caregiver leave, bereavement, military leave)
• Nine company paid holidays
• Company-funded pension plan
• 401(k) retirement plan with company contribution up to 10 percent of eligible earnings
• Medical, dental, and vision coverage from the first day of employment
• Volunteer paid time off
• Dollar-for-dollar matching gift program
• Associate Resource Groups (ARGs)

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 1,001-5,000 employees