Reinsurance Lead Actuary (Hybrid) at Securian Financial Group

St Paul, Minnesota, United States

Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Insurance, ReinsuranceIndustries

Fellowship in a recognized actuarial body (e.g., SOA, CAS, IFoA)
10+ years of experience in the actuarial field, with a focus on insurance and reinsurance
Experience designing and executing on various onshore and offshore reinsurance strategies
Strong knowledge of regulatory requirements, including Bermuda EBS and US GAAP
Proven leadership and team management skills
Excellent communication and interpersonal skills
Ability to work collaboratively with internal and external stakeholders
High level of analytical and problem-solving skills
Comfortable with quarterly international business travel

Oversee the execution and structuring of ceded reinsurance strategies at Securian with a focus on affiliated offshore reinsurance
Oversee all actuarial functions essential for the successful execution of identified reinsurance opportunities, including valuation, IT integration, reporting, pricing and more
Direct teams responsible for buildout and run of all reporting related to actuarial, pricing, and solvency matters under applicable regulatory bases (e.g., Bermuda EBS/SFS, US GAAP), including management reporting
Support the pricing and structuring of ceded reinsurance transactions, ensuring alignment with company strategy and objectives
Liaise across data, assumption setting, underwriting, pricing, valuation, and solvency functions, along with all supporting teams and operations
Lead the management of relationships with external service providers, ensuring the integration of necessary technology and capabilities to support the evaluation and execution of reinsurance strategies
Manage and develop the actuarial team and lead appropriate management committees
Track progress, manage risks, and keep key stakeholders informed about the status and expected outcomes
Serve as a liaison with regulatory or legal bodies on all actuarial and pricing matters, including securing required approvals
Maintain a strong risk and control framework, ensuring robust actuarial governance and oversight of model risk management