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Securian Financial Group

Mutual holding company delivering insurance, investments

Financial Reporting Business Partner

Full-Time
$73.7k - $136.8k
Mid
Bachelor's
St Paul, MN, USA
HybridAssociates within a 90-minute commute must work in the office three days each week.
AccountingFinancial Accounting

About the job

Requirements
  • A bachelor's degree or higher in Accounting or a related field; an equivalent combination of education and relevant work experience will also be considered.
  • An active CPA license or progress toward CPA status.
  • Relevant experience in public accounting, accounting consulting, or another complex accounting environment.
  • Strong technical accounting skills and experience researching, interpreting, and resolving complex accounting issues.
  • Strong written and verbal communication and analytical skills, including the ability to present to key stakeholders and collaborate across the organization.
  • Familiarity with accounting practices, regulations, and reporting requirements in the financial services industry.
  • Self-motivation, an appetite for learning, and the ability to adapt positively to change.
Responsibilities
  • Independently research new or proposed accounting guidance changes, including US GAAP, NAIC statutory, and Bermuda statutory guidance, and assess their impact on applicable regulatory capital calculations or amounts.
  • Collaborate with relevant stakeholders to research, analyze, and assess appropriate accounting treatment for special projects or transactions.
  • Establish and maintain collaborative relationships across the organization to provide ongoing guidance on evolving business initiatives.
  • Prepare technical accounting documentation supporting conclusions and work with external auditors and consultants through the review process.
  • Assist in maintaining the library of technical accounting policies.
  • Work with external auditors to address technical accounting matters as needed.
  • Communicate with senior and executive leadership on technical accounting matters and other projects.
  • Execute projects on time by assisting project teams and coordinating with cross-functional teams to implement or operationalize new initiatives, accounting guidance, and transactions, and complete related documentation.
Desired Qualifications
  • At least five years of relevant work experience.
  • Experience with life insurance companies.
  • Experience in complex accounting areas, including financial instruments, derivatives, insurance contracts, business combinations, reinsurance, and revenue recognition.
  • Preferred skills include accounting, analytical thinking, communication, data management, financial acumen, financial reports, financial statements, problem solving, relationship building, research, self-motivation, technical accounting research, and working independently.

About the company

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Securian Financial Group

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Securian Financial Group provides insurance, investment, and retirement products to individuals and businesses. These products work by providing financial payouts during accidents or illnesses, replacing income during disabilities, and managing assets for long-term savings. Unlike many competitors owned by public shareholders, Securian operates as a mutual holding company, meaning it is owned by its policyholders. The company's goal is to provide long-term financial security and risk management for its 19 million clients through a diverse range of specialized subsidiaries.

Company Size

N/A

Company Stage

N/A

Total Funding

$138.8M

Headquarters

Saint Paul, Minnesota

Founded

1880

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Simplify Jobs

Simplify's Take

What believers are saying

  • Operating revenue hit $8.2 billion and core earnings rose 27% in 2025.
  • AI claims payment rollout starts in 2026, cutting supplemental-health cycle times to minutes.
  • New board directors and Thomas Brennan strengthen digital, retail, and institutional growth execution.

What critics are saying

  • The Standard sued Securian in January 2025 over $50 million retirement earn-out payments.
  • Schaub v. Securian Life filed July 28, 2026 adds fresh contract-litigation risk.
  • A Minnesota Life capital shock would threaten underwriting capacity and institutional retirement growth.

What makes Securian Financial Group unique

  • Securian embeds protection inside lenders’ flows with Walnut-powered FlexTech launched March 2026.
  • Its retirement arm sells stable value, pension risk transfer, and guaranteed income solutions.
  • It reaches 23 million customers through employers, financial professionals, and 6,000 affinity partners.

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Benefits

  • Health Insurance
  • Paid Vacation
  • Paid Sick Leave
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Unlimited Paid Time Off
  • Hybrid Work Options
  • Volunteer time

Company News

TMCnet
Oct 12th, 2026
Securian Financial Evolves VUL Defender for a New Era of Longevity

Securian Financial Evolves VUL Defender for a New Era of Longevity TMCnet News [October 12, 2026] | / | Securian Financial Evolves VUL Defender for a New Era of Longevity Securian Financial today announced enhancements to Variable Universal Life (VUL) Defender(R), its protection-focused VUL insurance product designed to help financial professionals build protection strategies for clients living longer lives. The newest iteration of VUL Defender maintains one of the most competitive guaranteed death benefits in the market today while delivering meaningful enhancements-including competitive premiums, stronger cash value potential and greater flexibility. With Americans living longer,[1] Securian is also challenging financial professionals to rethink traditional assumptions about life expectancy and consider whether the life insurance protection they recommend is designed to last as long as their clients may need it. "Life expectancy has evolved, and the way we help clients plan needs to evolve with it," said Ben Roth, Securian Financial 2nd president of life & annuity product development. "Permanent life insurance is often purchased with a very long-term objective-to provide protection and ultimately leave a legacy. If that's the goal, financial professionals should ask themselves a simple question: Is the protection strategy guaranteed to last as long as the client might? We believe securing a no-lapse guarantee to age 100 and beyond leads to a better planning conversation and offers clients peace of mind that they should not be dealing with a potential coverage lapse when they're least able and prepared to do so." Evolved for performance, protection and value When Securian launched the original VUL Defender in 2015, the product was built around a straight-forward proposition: providing one of the most competitive guaranteed death benefits in the market. The evolved VUL Defender maintains and builds on that foundation. The enhanced product offers: * Competitive protection. Competitive premiums and no-lapse guarantee protection to age 100 and beyond help clients protect what matters today and prepare for the future. The optional No-Lapse Guarantee Agreement (NLGA) is available for an additional charge. * Strong performance potential. Enhanced cash value potential and more than 75 allocation options with no investment allocation restrictions when adding the NLGA provide broad investment choice and opportunities for long-term growth. * Built-in flexibility. Growth potential for evolving needs and optional protection for terminal illness, chronic illness and long-term care means VUL Defender is built to adapt to life's changes. * Enhanced service experience. VUL Defender is backed by enhanced underwriting, digital capabilities and ongoing service improvements designed to make doing business easier for financial professionals and their clients. "VUL Defender has always been about protection," Roth said. "The evolution of VUL Defender takes that promise further-with stronger long-term value, greater flexibility and an experience built around how financial professionals and clients want to do business today. It is protection built for performance and for longer lives." Broker-dealers interested in learning more about the enhancements to VUL Defender can call the Securian Financial life insurance sales team at 1-877-696-6654. Independent brokerage can call 1-888413-7860, option 1. FOR USE IN ALL STATES AND THE DISTRICT OF COLUMBIA EXCEPT CA, CT, GA, NV, OR AND WY. 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 145 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. Fog Computing World 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 Fog Computing World on Facebook, Instagram or LinkedIn. * National Center for Health Statistics, "Mortality in the United States, 2024," NCHS Data Brief No. 548, January 2026. Please keep in mind that the primary reason to purchase a life insurance product is the death benefit. Product features and availability may vary by state. Variable life insurance products contain fees, such as mortality and expense charges, and may contain restrictions, such as surrender periods. There may also be underlying fund charges and expenses, and additional charges for riders that customize a policy to fit individual needs. Charges and expenses may increase over time. The variable investment options are subject to market risk, including loss of principal. Insurance policy guarantees are subject to the financial strength and claims paying ability of the issuing insurance company. Administrative and insurance charges (which may increase over time) are deducted every month regardless of whether premium outlays are made. Depending upon actual policy experience, the owner may need to increase premium payments. Any policy loans and partial surrenders will affect policy values and may require additional premiums to avoid policy termination. The No Lapse Guarantee Agreement (NLGA) value has no impact on your policy's cash value and cannot be surrendered or loaned against. If there is no accumulation value and the NLGA value, less the sum of any policy loans and any unpaid policy loan interest, is insufficient to cover the charges against the NLGA value, a 61-day grace period begins. If the required amount to keep the product in force is not paid by the end of the grace period, this agreement and the policy will terminate. The no lapse guarantee is subject to the terms and conditions contained in the policy and may not be in effect even if premium payments are made. Please review the policy carefully. Long-term care insurance may cover care such as nursing care, home and community-based care, and informal care. Please ensure that you consult a tax advisor regarding long-term care benefit payments, or when taking a loan or withdrawal from a life insurance contract. This must be preceded or accompanied by a current prospectus. You should consider the investment objectives, risks, charges and expense of a portfolio and the variable insurance product carefully before investing. The portfolio and variable insurance product prospectuses contain this and other information. A prospectus may be obtained on Securian.com. Please read the prospectuses carefully before investing. Insurance products are issued by Minnesota Life Insurance Company in all states except New York. In New York, products are issued by 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. Product availability and features may vary by state. Each insurer is solely responsible for the financial obligations under the policies or contracts it issues. Securities are distributed by Securian Financial Services, Inc., member FINRA. 400 Robert Street North, St. Paul, MN 55101-2098. Securian Financial is the marketing name for Securian Financial Group, Inc., and its subsidiaries. Minnesota Life Insurance Company and Securian Life Insurance Company are subsidiaries of Securian Financial Group, Inc. Policy form numbers: ICC18-20149, 18-20149 and any state variations, ICC18-20151, 18-20151 and any state variations. DOFU 10-2026 5946195 View source version on businesswire.com: https://www.businesswire.com/news/home/20261012725362/en/ [ Back To TMCnet.com's Homepage] |

Associated Press
Sep 8th, 2026
Thomas Brennan joins Securian Financial to lead institutional retirement solutions distribution

Securian Financial has appointed Thomas P. Brennan III as head of distribution, strategic initiatives and partnerships for its Institutional Retirement Solutions business. Brennan will lead distribution strategy, strategic partnerships and commercial growth efforts for the division, which offers retirement income, stable value, pension risk transfer and related institutional solutions. His responsibilities include expanding market presence and strengthening relationships with financial professionals, consultants, recordkeepers and strategic partners. Brennan brings extensive experience from executive positions at Transamerica, Ascensus, Definiti and TIFIN @Work. He will serve on the Institutional Retirement Solutions leadership team. Brennan holds a bachelor's degree from Saint Joseph's University and is based in Bucks County, Pennsylvania.

Business Wire
Jun 3rd, 2026
Securian Financial adds McKinsey senior partner Pradip Patiath to board of directors

Securian Financial has appointed Pradip Patiath to its board of directors, effective 1 June 2026. Patiath is a senior partner at McKinsey & Company, where he leads work in Financial Services and Digital practices. With nearly 30 years of experience, Patiath has advised financial services organisations on strategy, growth, AI and digital transformation. He previously served as president at CCC Information Services and held leadership roles at Honeywell and Schlumberger. He was also awarded a US patent in real-time digital transaction systems. Patiath serves on several boards, including the Smithsonian Institution's national board and Verisk's board of directors. He holds an MBA from Northwestern University's Kellogg School of Management and degrees in computer science and mechanical engineering.

InsuranceNewsNet
Jun 1st, 2026
Pradip Patiath joins Securian Financial board of directors.

Pradip Patiath joins Securian Financial board of directors. Business Wire ST. PAUL, Minn.-(BUSINESS WIRE)- Securian Financial today announced the election of Pradip Patiath to its board of directors, effective June 1, 2026. Pradip Patiath, Securian Financial board member and McKinsey & Company senior partner Patiath is a senior partner at McKinsey & Company and a senior global leader in the firm's Financial Services and Digital practices. For nearly three decades, he has advised organizations across the financial services industry on strategy, growth, AI, digital transformation and large-scale performance improvement. "Pradip brings deep expertise at the intersection of financial services, technology and innovation," said Chris Hilger, Securian Financial's chairman, president and CEO. "His extensive experience advising leading financial services companies on growth, AI and digital transformation will provide valuable insight as we continue advancing our strategy and delivering long-term value for our customers and partners." Prior to joining McKinsey, Patiath served as president at CCC Information Services (now CCC Intelligent Solutions), an enterprise software company serving the insurance and financial technology sector. Earlier in his career, he held leadership roles at Honeywell and Schlumberger (now SLB), and he was awarded a U.S. patent in the field of real-time digital transaction systems. Patiath is active in several civic, educational and nonprofit organizations. He currently serves on the Smithsonian Institution's national board, the board of the Frost Museum of Science in Miami, the global advisory board of Northwestern University's Kellogg School of Management and the investment advisory board of the Indian Institute of Technology. He also serves as vice chair of the Chicago Humanities board and previously served as board chair of the Adler Planetarium of Chicago. In the private sector, he recently joined the board of directors of Verisk, a global data analytics and technology provider to the insurance industry. Patiath holds an MBA with distinction from Northwestern University's Kellogg School of Management, as well as a master's degree in computer science from the University of Minnesota and a bachelor's degree in mechanical engineering from the Indian Institute of Technology in New Delhi. 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 145 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. Liamichigan 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 Liamichigan 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. DOFU 6-2026 Securian Financial Jeff Bakken, Media Relations 651-665-7558 [email protected] Advisor news. Annuity news. Health/Employee benefits news.

Securian Financial
May 20th, 2026
VIVA Finance partners with Walnut and Securian Financial to bring embedded loan protection to borrowers.

VIVA Finance partners with Walnut and Securian Financial to bring embedded loan protection to borrowers. Partnership delivers seamless, one-click loan protection coverage directly within the VIVA lending experience - offering borrowers peace of mind without added friction. Atlanta, GA - VIVA Finance ("VIVA"), one of the nation's fastest-growing employment-based lending platforms, today announced a partnership with Walnut, a leading North American provider of embedded insurance technology, and Securian Financial, a leading provider of payment protection solutions, to deliver embedded loan protection coverage to VIVA's borrowers. The collaboration combines FlexTech(TM) technology provided by Walnut, Securian Financial's underwriting expertise and VIVA's mobile-first lending platform to offer borrowers access to debt protection coverage at the moment of loan origination - with a single click. Through the partnership, VIVA borrowers will be offered loan protection administered by Securian Financial's insurance company subsidiaries - covering scenarios such as disability and involuntary unemployment - as a seamless, optional part of their borrowing experience. FlexTech powers the behind-the-scenes quoting, enrollment, billing and contract management through Walnut's API-driven platform. Bringing much-needed protection to underserved borrowers. VIVA serves a segment of the American workforce that traditional financial institutions have long overlooked: hardworking employees who may not have strong credit histories but demonstrate stable employment. For these borrowers, an unexpected life event - a disability, job loss or the death of a family member - can turn a manageable loan into a serious financial hardship. Embedded loan protection provides a critical safety net, helping ensure that covered borrowers and their families are not left carrying debt during the most difficult moments of their lives. "We know that for the essential workers we serve, financial stability is top of mind. This partnership with Walnut allows us to offer our customers true peace of mind at the click of a button. By protecting our borrowers against the financial impact of involuntary unemployment or disability, we're helping to ensure that a temporary life event doesn't throw our customers out of financial equilibrium. We are excited to partner with Walnut and Securian Financial to bring this loan protection to our customers," said Jack Markwalter, co-founder & CEO, VIVA Finance. "We are thrilled to help bring much-needed protection to VIVA's borrowers, with a loan protection product fully integrated into their incredible consumer experience," said Derek Szeto, CEO and co-founder of Walnut. "VIVA is doing transformative work in expanding access to affordable credit for millions of Americans, and we're proud to ensure those borrowers have access to meaningful protection at the moment it matters most." A seamless experience, powered by technology. FlexTech integrates directly into VIVA's existing loan origination flow via a headless API architecture. This means borrowers see a fully VIVA-branded experience - with no redirects, no separate applications and no added friction. At the point of loan approval, borrowers are presented with a clear, optional offer for loan protection coverage. Cost of coverage is calculated in real time based on the borrower's specific loan attributes, and enrollment is completed in a single step. For VIVA, the integration also creates a new source of non-interest revenue while simultaneously helping to reduce delinquency risk across its loan portfolio - a meaningful benefit as the company continues to scale its lending platform and employer partnership network. Securian Financial, the sixth largest life insurance company in the U.S.[1] and a provider of payment protection products[2] to more than 6,000 lenders, financial institutions and associations throughout North America, will administer the loan payment protection product. "We are excited to bring our FlexTech solution to Viva Finance's personal loan customers," said Dave Seidel, Securian Financial senior vice president and head of Affinity Solutions-U.S. "Loan payment protection is an important tool that protects the financial well-being of borrowers should the unexpected happen." Why it matters for borrowers. For VIVA's customers - many of whom are essential workers, educators and healthcare employees managing tight household budgets - the availability of affordable, embedded loan protection represents a significant step forward in financial resilience. Rather than requiring borrowers to seek out and purchase standalone insurance products, protection is offered right where they are, in the context of a financial product they already trust. If a covered event occurs, the loan payment protection helps cover their loan payments, protecting their financial stability and credit standing during an already stressful time. About Viva Finance. VIVA Finance powers a mobile-first lending platform that offers personal loans underwritten primarily based on employment information rather than credit history. VIVA's mission is to build an inclusive financial system by expanding access to affordable credit for American workers. Through partnerships with leading employers and payroll providers, VIVA serves tens of thousands of borrowers across the country with loan amounts up to $15,000 and APRs starting at 11.99%. Founded in 2019, VIVA Finance is headquartered in Atlanta, Georgia. For more information, visit www.viva-finance.com. About Walnut. 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 many partners quickly launch compliant, fully-digital protection programs that enhance customer value and support partners' business model and strategic goals. For more information about Walnut, visit gowalnut.com, or follow Securian Financial Group on LinkedIn. 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 145 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. Securian Financial Group 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 Securian Financial Group on Facebook, Instagram or LinkedIn. Media contacts: VIVA Finance: Frances Pettway Senior Manager, Strategic Planning & Reporting 190 Ottley Drive NE, Suite G1, Atlanta, GA 30324 t: 423.802.9068 - e: [email protected] Walnut Insurance: David Himmel Director of Enterprise Partnerships [email protected] * A.M. Best's Statistical Study, U.S. Total Life, July 11, 2025. Based on 2024 total life insurance in force for Securian Financial Insurance Group. * Payment protection refers to Securian Financial's suite of products that support lending solutions sold through financial institutions. These products include debt protection and credit insurance. In this press release, payment protection specifically refers to debt protection. Minnesota Life Insurance Company acts as the administrator of the debt protection program. The lender is independently owned and is not affiliated with Securian Financial. Securian Financial is the marketing name for Securian Financial Group, Inc., and its subsidiaries. Minnesota Life Insurance Company and Securian Casualty Company are subsidiaries of Securian Financial Group, Inc.