Senior Engineering Analyst

Securian Financial reported record results for 2025, with operating revenue reaching $8.2 billion, up nearly 2% year-on-year. Core earnings increased 27% to a record $362 million, driven by favourable mortality in its group life insurance business and disciplined expense management. The St. Paul-based insurance and retirement solutions provider delivered $5.8 billion in benefits to policyholders and contributed over $10 million to community initiatives for the third consecutive year. Insurance sales rose 4% to $759 million, whilst annuity sales reached $2 billion, including record pension risk transfer sales. Minnesota Life Insurance Company's capital and surplus increased 8% to nearly $3.6 billion. For the 52nd consecutive year, Securian Financial made a profit-sharing contribution to eligible employees' retirement accounts, contributing 7.6% of annual salary.

Securian Financial launches FlexTech(TM) to make embedded protection simple, fast and convenient. Business Wire New technology capability, powered by Walnut, enables seamless integration of protection products into digital lending experiences and beyond ST. PAUL, Minn.-(BUSINESS WIRE)- Securian Financial today announced the launch of FlexTech(TM), a new technology capability designed to make it easier than ever for affinity groups, including digital lenders and financial institutions, to embed protection products directly into their loan applications and other customer-facing digital experiences. Developed with Walnut, a modern embedded insurance technology provider, FlexTech builds on Securian's longstanding expertise in protection solutions and expands the company's ability to deliver them in a simple, fast and scalable way. FlexTech enables Securian's partners to quickly embed protection products into their digital experiences through APIs and a modular platform that offers flexibility without sacrificing sophistication. Initially, FlexTech will enable the sale of Securian's payment protection product suite, a financial safety net for consumers that covers their monthly payments in the event of specific life events such as disability, involuntary unemployment, critical illness or death. By embedding payment protection offers directly within the application or purchase flow, lenders can offer relevant coverage options at the moment they matter most - creating a streamlined customer-centric experience. Additional Securian products will be available through FlexTech in the coming months. "FlexTech represents a major step forward in how we support our partners' digital strategies," said Dave Seidel, Securian Financial senior vice president and head of Affinity Solutions-U.S. "As digital lending and fintech opportunities continue to scale, partners need solutions that are fast to implement, easy to integrate and designed to drive measurable business outcomes. FlexTech delivers the best of Walnut's sophisticated technology paired with Securian's deep protection expertise - enabling partners to meet evolving customer expectations with confidence." "Walnut is thrilled to be partnering with a venerable company like Securian," said Derek Szeto, Walnut's CEO. "This is a timely moment in history for everyday customers to ensure their financial security. By combining Securian's product expertise with Walnut's embeddable infrastructure, more consumers than ever are going to be able to acquire the safety net they need to protect them when they need it most." A go-to provider for affinity groups Securian Financial's Affinity Solutions business is a go-to provider of insurance and other protection products to more than 6,000 affinity groups, including digital lenders, financial institutions and associations, in the United States and Canada. ABOUT SECURIAN FINANCIAL To be confident in your financial future, you need to trust the strength and commitment of the companies you choose to work with. For more than 140 years, the Securian Financial family of companies has been developing innovative insurance and retirement solutions to meet the evolving needs of individuals, families and businesses. Offered through partnerships with employers, financial professionals and affinity groups, its products help bring peace of mind to more than 23 million customers throughout the United States and Canada. The Rosenthal Agency, Inc. is trusted by its partners and customers to fulfill its purpose of helping to build secure tomorrows. For more information about Securian Financial, visit securian.com or follow The Rosenthal Agency, Inc. on Facebook, Instagram or LinkedIn. ABOUT WALNUT INSURTECH Walnut is a leading North American embedded insurance platform that enables financial institutions, fintechs and other large enterprises to offer digital-first protection products within their existing customer journeys. Walnut specializes in payment protection, income loss and loan protection solutions designed to help consumers stay financially resilient when unexpected life events impact their ability to meet financial obligations. Through modern API infrastructure, trusted carrier partnerships and deep regulatory expertise, Walnut has helped countless partners quickly launch compliant, fully-digital protection programs that enhance customer value and support a partners' business model and strategic goals. For more information about Walnut, visit gowalnut.com or follow The Rosenthal Agency, Inc. on LinkedIn. Payment protection refers to its suite of products that support lending solutions sold through financial institutions. These products include debt protection and credit insurance. Insurance products are issued by Minnesota Life Insurance Company or Securian Life Insurance Company, a New York authorized insurer. Minnesota Life is not an authorized New York insurer and does not do insurance business in New York. Both companies are headquartered in St. Paul, MN. Property and casualty insurance products are issued by Securian Casualty Company, a New York authorized insurer. Each insurer is solely responsible for the financial obligations under the policies or contracts it issues. Product availability and features may vary by state. Securian Financial is the marketing name for Securian Financial Group, Inc., and its subsidiaries. Minnesota Life Insurance Company, Securian Life Insurance Company, and Securian Casualty Company are subsidiaries of Securian Financial Group, Inc. DOFU 03-2026 5324849 Securian Financial Jeff Bakken, Media Relations 651-665-7558 [email protected]

Securian Financial promotes Kent Peterson to senior vice president for Institutional Retirement Solutions. Kent Peterson, Securian Financial senior vice president for Institutional Retirement Solutions ST. PAUL, Minn.-(BUSINESS WIRE)-Securian Financial today announced that Kent Peterson has been promoted to senior vice president for Institutional Retirement Solutions. In this role, Peterson leads a business that, through products issued by Minnesota Life Insurance Company and Securian Life Insurance Company, delivers guaranteed income solutions for defined contribution retirement plans, stable value investments, guaranteed investment contracts and pension risk transfer solutions. Peterson reports to Chris Hilger, Securian Financial's chairman, president and CEO, and he joins the company's executive leadership team. "Kent's deep expertise in retirement solutions, risk management and investment strategy, along with his long-standing commitment to our customers and our company, make him the right leader for this role," said Hilger. "He has played a critical role in shaping our retirement strategy, and his leadership will help ensure we continue delivering innovative, trusted solutions that support financial security for plan sponsors and participants." Peterson joined Securian Financial in 1990 as an actuary and has built a career focused on retirement plan product development, risk management and investment-related fiduciary issues. He was promoted to second vice president in 2018 and to vice president in 2022. He holds a bachelor's degree in statistics from Montana State University in Bozeman, Montana. Peterson is a Fellow of the Society of Actuaries (FSA), a Chartered Financial Analyst (CFA), a member of the American Academy of Actuaries and an Accredited Investment Fiduciary. Peterson serves on the board of the Minnesota Zoo Foundation and is a member of its finance committee. He also serves as executive sponsor for Securian Financial's Mental Wellness and Disability associate resource group. Suzette Huovinen, who led Securian's Institutional Retirement Solutions business prior to Peterson, has been promoted to executive vice president for Enterprise Capital and Risk Management, reporting to Hilger. Huovinen is also president of Securian Asset Management. ABOUT SECURIAN FINANCIAL To be confident in your financial future, you need to trust the strength and commitment of the companies you choose to work with. For more than 140 years, the Securian Financial family of companies has been developing innovative insurance and retirement solutions to meet the evolving needs of individuals, families and businesses. Offered through partnerships with employers, financial professionals and affinity groups, our products help bring peace of mind to more than 23 million customers throughout the United States and Canada. We are trusted by our partners and customers to fulfill our purpose of helping to build secure tomorrows. For more information about Securian Financial, visit securian.com or follow us on Facebook, Instagram or LinkedIn. Securian Financial is the marketing name for Securian Financial Group, Inc., and its subsidiaries. Insurance products are issued by its subsidiary insurance companies, including Minnesota Life Insurance Company and Securian Life Insurance Company, a New York authorized insurer. Variable products are distributed by Securian Financial Services, Inc., member FINRA. 400 Robert Street North, Saint Paul, MN 55101. DOFU 02-2026 Contacts. Securian Financial Jeff Bakken, Media Relations 651-665-7558 [email protected] More News From Securian Financial ST. PAUL, Minn.-( BUSINESS WIRE )-Securian Financial today announced the launch of AI-enabled instant claims decision and benefit payment capabilities for its supplemental health insurance products - the first offering of its kind in the marketplace. This breakthrough innovation transforms the typical supplemental health claims experience from days of waiting to real-time results, with eligible claims receiving decisions within minutes of submission. Securian's supplemental health insurance suite... ST. PAUL, Minn.-( BUSINESS WIRE )-Securian Financial today announced the launch of My Coverage, a new digital claims portal designed to simplify and modernize how customers of financial institutions and members of associations file and track claims for Securian credit insurance and debt protection coverage purchased through their financial institution or association. Built with extensive customer research and a user-centered design, My Coverage makes filing a claim fast, easy and transparent, e... ST. PAUL, Minn.-( BUSINESS WIRE )-A new Securian Financial study reveals that Gen Z and younger millennials recognize the importance of life and supplemental health insurance but still harbor key misconceptions that prevent many of them from purchasing it. With Gen Z and millennials now representing more than 40 percent of the U.S. population1, the study highlights an important opportunity for financial institutions to better connect with these younger consumers and help them protect their fina... Securian Financial. Headquarters: St. Paul, MN CEO: Chris Hilger Employees: 5,500 Organization: PRI Revenues: $8.2 billion (2024) Net Income: $283 million (2024) Release Versions Securian Financial Jeff Bakken, Media Relations 651-665-7558 [email protected]