Actuarial Senior Consultant-Bermuda Valuation (Hybrid)

Securian Financial • Saint Paul, MN

6d • $111,300 - $207,800 • Hybrid

About The Position

Securian Financial is seeking an Actuarial Senior Consultant to lead analysis and interpretation of affiliated reinsurance results for its Individual Life and Pension Risk Transfer business under US GAAP and Bermuda Stat. The role drives analysis and insights in partnership with Finance and Valuation teams, contributing to understanding profitability, financial capacity, and business performance.

The position leads quarterly reporting for affiliated reinsurance, collaborates across Finance, Valuation, Modeling, and Product, and communicates financial performance drivers to senior leadership. It also enhances reporting tools and dashboards, validates model outputs, troubleshoots complex issues, and supports the development and ongoing requirements of AG55 reporting.

The position uses a hybrid working arrangement. Associates who live within a 90-minute commute of the Home Office in St. Paul, Minnesota work from the office at least three days each week. The estimated base pay range is $111,300 to $207,800.

Requirements

• FSA designation, or near-FSA with significant progress.
• 10 or more years of actuarial and finance experience, with a strong focus on affiliated reinsurance.
• Deep understanding of US GAAP and Bermuda Stat regulations or economic valuations.
• Strong knowledge of Individual Life insurance and Pension Risk Transfer products.
• Demonstrated experience with financial modeling, reserve analysis, and earnings attribution.
• Strong communication skills and ability to present complex financial concepts to technical and non-technical audiences.
• Proven ability to lead cross-functional initiatives and influence decision-making at senior levels.
• Ability to manage multiple priorities in a fast-paced, evolving environment.
• Ability to balance strategic thinking with hands-on problem-solving.

Nice To Haves

• Actuarial Valuation
• Annuities
• Captive Reinsurance
• Collaboration
• Communication
• Curious Mindset
• Life Insurance
• Strategic Decisions

Responsibilities

• Lead, develop, and execute quarterly reporting processes for affiliated reinsurance, including analysis of profitability, reserve movements, and earnings patterns.
• Collaborate with Finance, Valuation, Modeling, and Product teams to ensure consistency and transparency in financial reporting.
• Identify and communicate key financial performance drivers to senior leadership to support strategic decision-making.
• Enhance reporting tools and dashboards to improve visibility into metrics and financial capacity.
• Provide strategic partnership while working hands-on with data, validating model outputs, and troubleshooting complex issues.
• Aid in development and ongoing AG55 reporting requirements.

Benefits

• Paid time off, with additional PTO based on length of service.
• Flexible leave programs, including parental, caregiver, bereavement, and military leave.
• Nine company-paid holidays.
• Company-funded pension plan.
• 401(k) retirement plan with company contributions tied to company performance, up to 10% of eligible earnings with a 5% target.
• Medical, dental, and vision coverage for associates and eligible family members, available from the first day of employment.
• Paid volunteer time and a dollar-for-dollar matching gift program.
• Associate Resource Groups.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed