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Actuarial Senior Consultant-Annuity Products
| Company | Securian Financial Group |
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| Location | St Paul, MN, USA |
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| Salary | $105000 – $196000 |
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| Type | Full-Time |
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| Degrees | |
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| Experience Level | Senior |
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Requirements
- FSA preferred
- Knowledge of Individual Annuities and/or Life Insurance
- Strong background in indexed products such as RILA or FIA preferred
- Ability to lead complex projects and provide thought leadership to product development initiatives
- Strong analytical and problem-solving skills along with curiosity and initiative necessary to analyze product designs, risk, and other project results
- Written, oral, and interpersonal communication skills to effectively interact with management, actuarial, distribution, asset management, and others
- Understanding of appropriate balance between market competitive position, regulatory constraints, system capabilities, profitability, investment guidelines, and risk appetite
- Self-motivated and flexible; ability to work independently and as part of a team
- Ability to operate effectively with ambiguity, including situations where no previous groundwork is established
Responsibilities
- Lead product development initiatives and ideation for the Individual Annuity product line, including a wide array of fixed, variable, and indexed products
- Lead product management activities including pricing updates, ongoing rate setting, new business modeling, and inforce monitoring
- Manage both asset and liability assumptions of annuity products, utilizing experience studies, inforce projection models, and investment strategy optimization work
- Leverage industry knowledge and enterprise partnerships to make informed recommendations regarding Individual Annuity product strategies
- Provide work direction for product pricing efforts and make recommendations that consider the optimal balance between competitiveness and enterprise risk and return objectives
- Collaborate across the organization to oversee project planning and implementation of new product solutions and changes to existing product suite, including coordination of distribution, marketing, actuarial, and operational resources to successfully launch new products
- Provide complex and thorough analysis and recommendations to management in connection with our annuity product strategy
Preferred Qualifications
- FSA preferred
- Strong background in indexed products such as RILA or FIA preferred
