Actuarial Fellow jobs in Rochester, MN

Actuarial Fellow utilizes statistical analysis and modeling to assess and manage risk and estimate financial outcomes. Compiles, prepares, and analyzes data to develop statistical models, probability tables, and actuarial studies and evaluate the likelihood and financial impact of various risks. Being an Actuarial Fellow assists with product design and development by analyzing risk groups and calculating appropriate insurance rates, premium levels, and rating systems and structures. Records and tracks accruals, claims, and settlements and prepares documents for input into regulatory filings, financial budgets, forecasts, and other financial projections. Additionally, Actuarial Fellow applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in life, health, social, and casualty insurance, annuities, and pensions. Requires a bachelor's degree. Requires Fellow of Society of Actuaries (FSA). Typically reports to a manager. To be an Actuarial Fellow typically requires 12+ years of related experience. Achievement and depth of knowledge of specialization or field is the main differentiator. Advisory role on complex and challenging projects and initiatives. Recognized for deep technical and industry knowledge and innovative thinking. Provides thought leadership and guidance to a functional area and the organization. (Copyright 2024 Salary.com)

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Actuarial Risk Consultant
  • Securian Financial
  • Faribault, MN FULL_TIME
  • Summary:

    This Actuarial Consultant position is a highly visible role as part of the ERM Actuarial Team. This is an excellent opportunity to broaden your skillset to all aspects of our Enterprise Risk Management program. In this role, you will be part of a collaborative team with the opportunity to serve on enterprise governance committees and initiatives, support ALM strategy, and drive enhancements to our overall enterprise risk framework.

    Responsibilities include:

    ALM Governance and Risk Management
    • Oversee Securian's liability-based investment portfolios, establishing appropriate risk tolerances and effective ALM
    • Own ALM-related risk frameworks (liquidity, credit, and interest rate risk), being accountable stress testing methodologies, explanation of results, and recommendations for management actions
    • Engage with ALM Group, presenting and generating topics as needed, and carrying out policies set forth by the group
    • Provide thought leadership to ALM reporting, assumption-setting, and financial projections
    • Lead cross-functional projects to enhance ALM risk frameworks
    Strategic Asset Allocation and General Account Strategy
    • Support annual Strategic Asset Allocation process, including oversight of risk/return quantification, balance sheet projections, and engagement with stakeholders
    • Collaborate with Solutions Groups on strategic ALM initiatives to drive growth and profitability of products within risk appetite
    • Partner with Securian Asset Management on General Account strategy, leading risk analysis and facilitating appropriate governance and monitoring for new asset strategies
    • Lead education and engagement efforts to ensure strong ALM risk culture and awareness
    ERM Governance and enterprise initiatives
    • Provide leadership on enterprise committees/governance groups, where appropriate
    • Aid in preparation and present as needed to executive risk committees (FRC, Risk Council, etc.)
    • Serve as ERM representative on enterprise projects
    • Contribute expertise to ERM initiatives including ORSA, Embedded Value, and capital management
    Qualifications:

    Strong analytical and problem-solving skills along with curiosity and initiative necessary to analyze product designs, risk, and other project results
    • ASA designation with ability to complete FSA
    • Strong analytical and problem-solving skills along with curiosity and initiative necessary to analyze product designs, risk, and other project results
    • Solid technical aptitude with the ability to learn and use a variety of tools
    • Written, oral and interpersonal communication skills to effectively interact with management, actuarial, underwriting and distribution associates
    • Self-motivated and flexible; ability to work independently and as part of a team
    Securian Financial believes in hybrid work as an integral part of our culture. Associates get the benefit of working both virtually and in our offices. If you're in a commutable distance (90 minutes) you'll join us 2-3 days each week in our offices to collaborate and build relationships. Our policy allows flexibility for the reality of business and personal schedules. When working in our offices at least two days per week isn't feasible (vacations, illness, travel, etc.), an eight day per month standard is an option.

    Physical Job Requirements:
    • Ability to utilize keyboard, mouse and computer for up to 8 hours per day
    • Ability to utilize telephone for 2-4 hours per day.
    The physical job requirements described above are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of jobs.

    Be you. With us. At Securian Financial, we understand that attracting top talent means offering more than just a job - it means providing a rewarding and fulfilling career. As a valued member of our high-performing team, we want you to connect with your work, your relationships and your community. Enjoy our comprehensive range of benefits designed to enhance your professional growth, well-being and work-life balance, including the advantages listed here:

    Paid time off:
    • We want you to take time off for what matters most to you. During your first year of hire, you receive a prorated bank of personal days and vacation time depending on your month of hire.
    • Leave programs: Securian's flexible leave programs allow time off from work for parental leave, caregiver leave for family members, bereavement and military leave.
    Company-funded pension plan and a 401(k) retirement plan: Share in the success of our company. Securian's 401(k) company contribution is tied to our performance up to 10 percent of eligible earnings, with a target of 5 percent. The amount is based on company results compared to goals related to earnings, sales and service.

    Health insurance: From the first day of employment, associates and their eligible family members - including spouses, domestic partners and children - are eligible for medical, dental and vision coverage.

    Volunteer time: We know the importance of community. Through company-sponsored events, volunteer paid time off, a dollar-for-dollar matching gift program and more, we encourage you to support organizations important to you.

    Associate Resource Groups: Build connections, be yourself and develop meaningful relationships at work through associate-led ARGs. Dedicated groups focus on a variety of interests and affinities, including:
    • Mental Wellness and Disability
    • Pride at Securian Financial
    • Securian Young Professionals Network
    • Securian Multicultural Network
    • Securian Women and Allies Network
    • Servicemember Associate Resource Group

    For more information regarding Securian's benefits, please review our Benefits page.

    This information is not intended to explain all the provisions of coverage available under these plans. In all cases, the plan document dictates coverage and provisions.

    Securian Financial Group, Inc. does not discriminate based on race, color, religion, national origin, sex, gender, gender identity, sexual orientation, age, marital or familial status, pregnancy, disability, genetic information, political affiliation, veteran status, status in regard to public assistance or any other protected status. If you are a job seeker with a disability and require an accommodation to apply for one of our jobs, please contact us by email at Employment@Securian.com, by telephone 651-655-5522 (voice), or 711 (Relay/TTY).

    To view our privacy statement click here

    To view our legal statement click herePandoLogic. Keywords: Risk Analyst, Location: Faribault, MN - 55021 , PL: 591387670

    About the Company:
    Securian Financial



  • 1 Month Ago

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Actuarial Consultant - Valuation
  • Securian Financial
  • Faribault, MN FULL_TIME
  • * This position is part of the Actuarial exam-taking path. Candidates will be considered at all Actuarial Student levels. At Securian Financial the internal title for this position is Actuarial Consul...
  • 1 Month Ago

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Actuarial Consultant - Valuation
  • Securian Financial
  • Lake, MN FULL_TIME
  • * This position is part of the Actuarial exam-taking path. Candidates will be considered at all Actuarial Student levels. At Securian Financial the internal title for this position is Actuarial Consul...
  • 1 Month Ago

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Actuarial Risk Consultant
  • Securian Financial
  • Lake, MN FULL_TIME
  • Summary:This Actuarial Consultant position is a highly visible role as part of the ERM Actuarial Team. This is an excellent opportunity to broaden your skillset to all aspects of our Enterprise Risk M...
  • 1 Month Ago

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Actuarial Life Product Sr Consultant
  • Securian Financial
  • Faribault, MN FULL_TIME
  • Position SummaryFrom ideation through implementation, the Actuarial Senior Consultant in this role will be a lead within the individual life insurance product development process. As a subject matter ...
  • 1 Month Ago

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Actuarial Life Product Sr Consultant
  • Securian Financial
  • Lake, MN FULL_TIME
  • Position SummaryFrom ideation through implementation, the Actuarial Senior Consultant in this role will be a lead within the individual life insurance product development process. As a subject matter ...
  • 1 Month Ago

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0 Actuarial Fellow jobs found in Rochester, MN area

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Research Fellow - Li Xing
  • Mayo Clinic Health System
  • Rochester, MN
  • Why Mayo Clinic Mayo Clinic is top-ranked in more specialties than any other care provider according to U.S. News & Worl...
  • 4/25/2024 12:00:00 AM

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Research Fellow - Psychology & Psychiatry
  • Mayo Clinic Health System
  • Rochester, MN
  • Why Mayo Clinic Mayo Clinic is top-ranked in more specialties than any other care provider according to U.S. News & Worl...
  • 4/25/2024 12:00:00 AM

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Research Fellow - Molecular Medicine
  • Mayo Clinic Health System
  • Rochester, MN
  • Why Mayo Clinic Mayo Clinic is top-ranked in more specialties than any other care provider according to U.S. News & Worl...
  • 4/25/2024 12:00:00 AM

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RTP-Research Fellow-LS
  • Mayo Clinic Health System
  • Rochester, MN
  • Why Mayo Clinic Mayo Clinic is top-ranked in more specialties than any other care provider according to U.S. News & Worl...
  • 4/25/2024 12:00:00 AM

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RTP - Research Fellow - MPET
  • Mayo Clinic Health System
  • Rochester, MN
  • Why Mayo Clinic Mayo Clinic is top-ranked in more specialties than any other care provider according to U.S. News & Worl...
  • 4/25/2024 12:00:00 AM

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Research Fellow - Psychiatry and Psychology
  • Mayo Clinic Health System
  • Rochester, MN
  • Why Mayo Clinic Mayo Clinic is top-ranked in more specialties than any other care provider according to U.S. News & Worl...
  • 4/25/2024 12:00:00 AM

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Research Fellow - Clinical Neurology - PC
  • Mayo Clinic Health System
  • Rochester, MN
  • Why Mayo Clinic Mayo Clinic is top-ranked in more specialties than any other care provider according to U.S. News & Worl...
  • 4/25/2024 12:00:00 AM

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Research Fellow - Ultrasound Engineering
  • Mayo Clinic Health System
  • Rochester, MN
  • Why Mayo Clinic Mayo Clinic is top-ranked in more specialties than any other care provider according to U.S. News & Worl...
  • 4/23/2024 12:00:00 AM

Rochester is a city founded in 1854 in the U.S. State of Minnesota and is the county seat of Olmsted County located on the Zumbro River's south fork in Southeast Minnesota. It is Minnesota's third-largest city and the largest city located outside the Minneapolis-St. Paul Metropolitan Statistical Area. As of 2015, the Rochester metropolitan area has a population of 215,884. According to the 2010 United States Census the city has a population of 106,769. The U.S. Census Bureau estimated that the 2017 population was 115,733. It is the home of the Mayo Clinic and an IBM facility, formerly one of t...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Actuarial Fellow jobs
$182,784 to $236,823
Rochester, Minnesota area prices
were up 1.3% from a year ago

Actuarial Fellow in Alexandria, LA
FSA (Fellow of Society of Actuaries) * Seven or more years of actuarial experience * Experience with Life and/or Annuity Insurance is helpful * Strong Microsoft Word, Excel, PowerPoint skills.
December 01, 2019
Actuarial Fellow in Long Beach, CA
Fellows can sit on Institute committees, stand for Council and vote in Council elections and at Annual General Meetings.
February 10, 2020
Actuarial Fellow in Honolulu, HI
After finishing exams and becoming a fellow, what responsibilities or perks come with the title.
January 16, 2020