Actuarial Sr. Consultant - Life Model Owner (Hybrid)

Securian Financial • Saint Paul, MN

8d • Hybrid

About The Position

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. The Life Model Owner provides strategic leadership for model development, maintenance, governance, prioritization, and stakeholder engagement. This role serves as the primary modeling subject matter expert for Life products and partners closely with Individual Solutions, Enterprise Risk Management, Valuation, the Appointed Actuary, and other key stakeholders to support critical business and financial reporting needs. This position is an actuarial leadership role requiring deep modeling expertise, strong business acumen, and the ability to influence decisions across functions while developing modeling capabilities within the broader organization.

Requirements

• 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.

Nice To Haves

• 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

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.
• Educate team members and stakeholders on Life product features, modeling methodologies, and model results.
• 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.

Benefits

• Paid time off
• Leave programs (parental leave, caregiver leave for family members, bereavement and 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

What This Job Offers

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