Senior Pension Risk Transfer & Longevity Solutions Consultant

Securian Financial • Saint Paul, MN

1d • Hybrid

About The Position

Securian Financial’s Institutional Retirement Solutions business is seeking an experienced retirement professional to help shape and expand its Longevity business, with a focus on Pension Risk Transfer (PRT) and defined contribution guaranteed income. The role combines defined benefit and/or PRT expertise with product development and business strategy. The consultant evaluates complex opportunities and plan provisions, assesses product fit, shapes product requirements, and partners across Actuarial, Law, Operations, Distribution, and other functions to advance Deferred PRT new business opportunities, PRT buy-in deals, guaranteed income offerings, and emerging Longevity solutions.

The role supports the evolution of the Longevity portfolio through market and product research, competitive analysis, partner exploration, business-case development, and definition of product requirements. It translates approved strategies into the operating, process, data, technology, vendor, control, and organizational capabilities needed to deliver products at scale. The consultant leads or supports assessments and cross-functional execution from design through implementation, testing, readiness, and transition, while establishing scalable processes, standards, documentation, controls, and clear functional ownership.

The position is hybrid. Associates who live within a 90-minute commute of Securian’s Home Office in St. Paul, Minnesota, work from the office three or more days each week. The internal job title is Business Development Sr Con.

Requirements

• Significant experience with defined benefit pension plans and/or Pension Risk Transfer, including strong knowledge of complex plan provisions and their implications for product structure, pricing, administration, and contracts.
• Experience in PRT, pension consulting, actuarial, retirement product development, institutional retirement, or a related field.
• Ability to interpret complex pension and product issues and translate them into practical product, business, and implementation decisions.
• Demonstrated ability to partner effectively with technical specialists, including Actuarial, Law, Operations, and Technology, and connect their expertise to broader business objectives.
• Strong cross-functional leadership and ability to influence and drive execution without direct authority.
• Strong analytical, problem-solving, communication, planning, and stakeholder-management skills.
• Ability to work effectively with ambiguity, exercise sound judgment, and manage multiple complex priorities.

Nice To Haves

• Direct experience with PRT transactions involving deferred participants, complex defined benefit plan provisions, and/or PRT buy-ins.
• Experience working with pension consultants, plan sponsors, intermediaries, administrators, or other institutional retirement-market participants.
• Experience developing or launching retirement products or expanding products into new markets or transaction types.
• Experience evaluating markets, products, and business opportunities and developing product requirements, business cases, and implementation approaches.
• Experience leading complex initiatives from concept and design through implementation and operational readiness.
• Working knowledge of operating-model and process design, technology, data, automation, vendor solutions, and operational controls.
• Familiarity with defined contribution retirement-income solutions.
• Preferred skills: Analytical Thinking, Business Acumen, Collaboration, Detail-Oriented, Driven, Prioritization, Proactive Thinking, Researching, and Time Management.

Responsibilities

• Apply defined benefit pension expertise to complex PRT opportunities, evaluating plan provisions, product fit, requirements, exceptions, and administrative implications with Actuarial, Operations, and Law.
• Serve as a PRT and defined benefit domain resource, translating technical pension considerations into business and product decisions.
• Support the expansion of the Longevity portfolio, including Deferred PRT, PRT buy-ins, defined contribution guaranteed income, and emerging solutions.
• Lead and support market and product research, competitive analysis, partner exploration, and business-case development.
• Help define product requirements and structures, partnering with Actuarial on feasibility, structure, and pricing and with Law and other functions on contractual and implementation requirements.
• Develop repeatable product knowledge, standards, and guidance so routine work can transition to appropriate functional teams while complex situations retain specialized expertise.
• Translate approved Longevity strategies and product direction into operating, process, data, technology, vendor, control, and organizational capabilities.
• Lead current-state and gap assessments, define future-state capabilities, and coordinate cross-functional execution through design, implementation, testing, readiness, and transition.
• Assess the operating and business implications of products and growth initiatives and advise leadership on capability gaps, dependencies, alternatives, resource needs, and tradeoffs.
• Lead or support partner and vendor evaluation, implementation, and integration across internal teams and external organizations.
• Establish scalable processes, standards, documentation, controls, and functional ownership as capabilities mature and transition into ongoing operations.
• Coordinate with Actuarial, Operations, Law, Technology, Distribution, Finance, and other teams to advance complex initiatives while respecting their expertise and decision rights.

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 percent of eligible earnings, with a target of 5 percent.
• Medical, dental, and vision coverage for associates and eligible family members beginning on the first day of employment.
• Paid volunteer time, company-sponsored volunteer events, and a dollar-for-dollar matching gift program.
• Associate Resource Groups and opportunities to connect and develop relationships at work.

What This Job Offers

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