Financial Planning & Analysis Sr Analyst

Securian Financial • Saint Paul, MN

8d • Hybrid

About The Position

Make an impact where strategy meets numbers Are you an FP&A professional who enjoys turning financial results into a clear, compelling story? Do you like digging into the “why” behind performance—and partnering with others to improve how results are forecasted, explained, and used to drive decisions? As a Financial Analyst supporting Voluntary Benefits Products and Expenses, you’ll play a meaningful role in shaping the financial story of Securian Financial’s growing business. You’ll analyze earnings, expenses, and forecasts, collaborate with subject matter experts across Finance, Strategy, Sales, Pricing, and Actuarial teams, and help leaders understand how product performance and expenses come together to drive results. This is an excellent opportunity for someone with a few years of experience who wants broader exposure, ownership of analysis, and visibility to leadership—while continuing to build strong technical and business acumen. What you’ll do In this role, you’ll support Financial Planning & Analysis (FP&A) for Group Insurance Voluntary Benefits Products and Expenses, with a mix of recurring analysis, forecasting, and continuous improvement work. Key responsibilities include: Own and analyze Voluntary Benefits earnings by source, explaining quarterly results and deviations from goals in a clear, business-focused way Develop the quarterly Voluntary Benefits “financial story”—connecting premium performance, earnings, and expense results into dashboards and presentations for leadership and business partners Support Voluntary Benefits valuation activities, including active life reserve and Deferred Acquisition Cost (DAC) calculations Assist with Voluntary Benefits projections for annual goal-setting and long-range planning cycles Serve as a subject matter expert for new Voluntary Benefits financial reports and tools Assist in analyzing and enhancing expense pricing models and allocation frameworks Perform monthly and quarterly expense analysis, including reporting and variance explanations Support expense forecasting and annual budgeting processes for the entire Employee Benefits Solutions Group Collaborate closely with cross-functional partners (Finance, Strategy, Sales, Pricing, Expense, and Actuarial teams) to understand key financial drivers and support growth initiatives Support Group Insurance market plan modeling, including work within actuarial modeling platforms Identify opportunities to improve and automate reporting and forecasting, aligning with broader finance and actuarial modernization efforts What we’re looking for You’re someone who is comfortable working with data, curious about the business behind the numbers, and motivated to keep improving how financial insights are delivered. 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.

Requirements

• Bachelor’s degree in Finance, Accounting, Mathematics, Actuarial Science, or a related field
• Around 3 years of experience in financial analysis, FP&A, or a related role
• Strong Excel skills, including experience working with large or complex files
• Solid understanding of basic financial and accounting concepts
• Strong analytical, problem-solving, and attention-to-detail skills
• Ability to manage multiple priorities while meeting deadlines
• Comfortable working independently and collaboratively in a team environment
• Clear written and verbal communication skills, including explaining results to non-finance partners

Nice To Haves

• Experience with budgeting, forecasting, and expense tracking
• Exposure to SAP or similar financial systems
• Knowledge of insurance or financial services, especially group or voluntary benefits
• Experience with actuarial or financial modeling tools (e.g., Prophet)
• Interest in process improvement, automation, and modern FP&A practices

Responsibilities

• Own and analyze Voluntary Benefits earnings by source, explaining quarterly results and deviations from goals in a clear, business-focused way
• Develop the quarterly Voluntary Benefits “financial story”—connecting premium performance, earnings, and expense results into dashboards and presentations for leadership and business partners
• Support Voluntary Benefits valuation activities, including active life reserve and Deferred Acquisition Cost (DAC) calculations
• Assist with Voluntary Benefits projections for annual goal-setting and long-range planning cycles
• Serve as a subject matter expert for new Voluntary Benefits financial reports and tools
• Assist in analyzing and enhancing expense pricing models and allocation frameworks
• Perform monthly and quarterly expense analysis, including reporting and variance explanations
• Support expense forecasting and annual budgeting processes for the entire Employee Benefits Solutions Group
• Collaborate closely with cross-functional partners (Finance, Strategy, Sales, Pricing, Expense, and Actuarial teams) to understand key financial drivers and support growth initiatives
• Support Group Insurance market plan modeling, including work within actuarial modeling platforms
• Identify opportunities to improve and automate reporting and forecasting, aligning with broader finance and actuarial modernization efforts

Benefits

• Paid time off: 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. The amount is based on company results compared to goals related to earnings, sales and service.
• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level