Actuarial Consultant - Annuity Pricing (Hybrid) at Securian Financial Group

St Paul, Minnesota, United States

Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

InsuranceIndustries

ASA designation, FSA preferred
Minimum of 5 years of actuarial experience, including at least 3 years in annuity pricing or product development
Strong background in indexed products such as RILA or FIA preferred
Strong command of actuarial modeling software, preferably Prophet
Proficiency in programming languages such as R, Python, or VBA is a plus
Proven ability to manage multiple projects and deliver results under tight deadlines
Excellent communication skills with the ability to explain complex actuarial concepts to non-technical stakeholders
Understanding of appropriate balance between market competitive position, regulatory constraints, profitability, investment guidelines, and risk appetite
Self-motivated and flexible; ability to work independently and as part of a team

Lead end-to-end pricing and profitability analysis for the Individual Annuity product line, including a wide array of fixed, variable, and indexed products
Design and maintain actuarial models using Prophet
Collaborate with product development, finance, valuation, risk management, and compliance teams to ensure alignment and feasibility of pricing assumptions and strategies
Develop and document pricing assumptions based on experience studies, market research, and company benchmarks
Perform sensitivity and scenario testing to assess pricing robustness under different economic conditions
Ensure compliance with regulatory and accounting standards including Statutory, GAAP, and RBC frameworks
Present pricing recommendations, strategies, and results to senior leadership
Mentor and review the work of junior actuaries and analysts on the pricing team
Monitor product performance post-launch and recommend repricing or modifications as needed