Full-Time

Enterprise Risk Actuarial Consultant

Posted on 1/15/2025

Securian Financial Group

Securian Financial Group

Compensation Overview

$84k - $155kAnnually

Senior, Expert

St Paul, MN, USA

Hybrid work requires being in the office 2-3 days each week.

Category
Risk Management
Finance & Banking
Required Skills
Risk Management
Requirements
  • ASA or near-FSA actuarial designation
  • Strong creative, analytical and problem-solving skills to analyze information and form recommendations
  • Excellent verbal and written communication skills to effectively interact with a wide range of associates across the organization
  • Decision-making skills and ability to act independently
  • High degree of initiative and ability to identify ideas and define and complete projects which meet the objectives of the department, division, and enterprise
  • Ability to assess the big picture and complete detailed analysis, and the ability to understand when each is required
  • Ability to handle confidential information appropriately
  • Self-motivated and flexible; ability both to work independently and to work with and receive direction from a variety of individuals
  • Adaptable in a rapidly changing environment and respond to changing priorities
  • Ability to work direct other associates.
Responsibilities
  • Support Securian’s ERM Governance and Risk Reporting functions
  • Lead Securian’s annual ORSA process, collaborating with partners across the enterprise to develop an accurate and decision useful report
  • Monitor ERM best practices, leveraging external sources to assess emerging trends, tools, and strategies, and recommend and drive enhancements to Securian’s ERM framework
  • Collaborate with key stakeholders and ERM Governance groups to manage Securian’s risk inventory
  • Support development and execution of climate risk management framework, ensuring alignment with external regulatory requirements and internal risk management needs
  • Lead development and execution of new or enhanced risk reporting to Securian’s FRC, Risk Council, and ERM Governance Groups
  • Lead ERM Governance Group structure, ensuring best practices are being followed, charters are regularly updated, facilitating cross-group collaboration, and coordinating Governance Group Chairs Committee
  • Provide actuarial analysis in support of Securian’s insurance risk management, including mortality, longevity, morbidity, and policyholder behavior
  • Lead and/or support development and maintenance of risk management frameworks for Securian’s insurance risks, including scenario testing, stress testing, risk appetite, and risk tolerances
  • Perform quantitative analysis to assess risk positions and analyze impacts of potential risk management strategies, including reinsurance programs
  • Collaborate with internal stakeholders to understand risk exposures and influence risk management strategies
  • Lead ERM stress testing engagement in Goals and Plans, collaborating with solutions groups to collect and analyze stress testing results
  • Engage senior leaders to develop and maintain enterprise risk appetite statement for individual financial risks
  • Leverage external resources to understand industry trends, best practices, and available tools to measure and manage insurance risk
  • Provide leadership in support of ERM initiatives including operational and financial risks, capital, and governance
  • Support market segment and shared solutions initiatives, providing analysis, ERM expertise, and ensuring alignment with our risk appetite
  • Lead engagement with solutions groups where aligned with core responsibilities
  • Communicate and influence ERM activities across Securian Financial.
Desired Qualifications
  • Working knowledge of ERM concepts
  • Demonstrated leadership experience
Securian Financial Group

Securian Financial Group

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