From our chairman, president, and chief executive officer, Bob Senkler, to key roles within our strategic business units, we invest in actuaries throughout Securian Financial Group who bring their ingenuity, hard work, integrity and dedication, each and every day.

Actuaries are instrumental in the construction and pricing of the products sold by our Company. Working closely with professionals from sales and marketing, underwriting, investments and accounting, our actuaries – utilizing mathematical knowledge to define and analyze complex problems – develop financially sound insurance and pension programs to satisfy our policyholders' needs.

What to expect
Our five actuarial departments – Individual Financial Security, Group Insurance, Financial Services, Retirement Savings and Corporate Services – provide a wide range of products to satisfy the needs of clients in a variety of markets.

Actuarial job responsibilities vary by department but include the following:

• Developing and pricing products
• Conducting experience studies comparing Securian’s mortality, morbidity, expense and investment experience with industry statistics
• Communicating plan designs and financial results to our sales force and our policyholders
• Preparing financial reports and projections
• Contributing to corporate planning and providing tax-planning information
• Developing marketing agreements with institutional clients
• Preparing annual statements and assisting with long-term business planning

Career development
Advancement opportunities abound at Securian with actuarial exams and on-the-job training providing a solid foundation for increased responsibility.

You'll start your career by passing a series of rigorous actuarial exams to earn your Fellowship in Society of Actuaries – comparable to a doctorate in mathematics. We supply the necessary study time, educational materials, facilities and tutorial classes, if desired, so associates can prepare for the exams that require five or more years of diligent study to complete.

Opportunities are also available for those interested in positions that do not require completing exams. Actuarial assistants typically work on tasks similar in style to actuaries, yet with less direct accountability in product development and pricing.

Actuarial Science career path
Associate  Actuary and  Actuary	-	Fellowship in Society of Actuaries (FSA)
	-	Project independence and diversity increase
Assistant  Actuary	-	Fellowship in Society of Actuaries (FSA)
	-	Manages unit
	-	Developed expertise in product line or area
	-	Product development and management functions are essential
Senior  Actuarial  Associate	-	Associates in Society of Actuaries (ASA)
	-	Completion of SOA courses 6,7,8
	-	Requires work direction of analyst
	-	More responsibility than actuarial associate
Actuarial  Associate	-	Completion of SOA courses M and C(courses 3,4,5)
	-	Responsible for completing projects
	-	Involved in creative planning and decision-making
	-	May work direct actuarial analyst
Actuarial  Analyst	-	Completion of SOA courses P-MF (courses 1, 2)
	-	More responsibility, less supervision than assistant actuarial analyst
Assistant  Actuarial  Analyst	-	No exam experience
	-	Technical and project oriented
	-	Works with close supervision

Internship opportunities
In addition to full-time positions, Securian also offers internships in Actuarial Science. Our internships offer qualified candidates hands-on experience and the opportunity to preview actuarial job responsibilities, learn about the Company, its culture and the responsibilities that accompany full-time work at Securian. It also helps the Company ensure that candidates we hire for full-time positions are a good fit.

» Find out more about our Internship Program

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Meet some of our Actuarial Science associates

Kristi Director and Associate Actuary, Securian Financial Services St. Olaf College; Northfield, MN Majors: Mathematics and Economics

Joining Securian in June 1987, Kristi worked in the actuarial department of Securian Retirement Savings for 18 years, performing actuarial functions that included expense management, project management, managing Investment Operations, pricing and financial reporting. Kristi obtained her Fellowship in the Society of Actuaries in 1995, and in July 2005, Kristi moved to Financial Services to direct the division’s actuarial resources.

Kristi is vice chair of the Society of Actuaries Examination Committee for exam Course 8ILA, and is responsible for the product development and marketing sections of the examination.

“It is a privilege to work at Securian. I not only work for a company with strong values, I work with a group of talented individuals. And through a wide array of opportunities, projects and challenges, the Company has supported and encouraged my growth and career development.”

Angela Actuarial Analyst, Individual Actuarial University of Minnesota – Duluth Major: Mathematics - Statistics and Actuarial Science Minors: Chemistry and Economics

Angela began working at Securian in June 2004 in the Individual Annuities division. Although a recent hire by the Company, Angela has had the opportunity to expand her knowledge of Securian's annuity products and has become more involved in the research and product development that goes into designing each new annuity product. Additionally, she has been given the time, resources and support while at Securian to study for actuarial exams, already passing her first two courses.

"The thing that impresses me most about Securian is the number of associates who have spent the majority of their careers here. When there is such high retention of associates, that's when you know you have found a quality company that takes care of its associates."

David Second Vice President and Actuary, Financial Services University of Minnesota – Carlson School of Management Major: Business Administration

During college, David was a Minnesota Presidential Scholar and 1986 recipient of the 1752 Club Scholarship awarded by the University of Minnesota's Department of Insurance.

David joined Securian in 1988 as an actuarial analyst in Group Actuarial Services. By August 1990, he was promoted to supervisor of Group Actuarial Services and then to supervisor of our Group Payments and Dividends unit. David moved to our Financial Services unit when he was promoted to director of Bonus Administration, Licensing and Sales Reporting in 1991. A year later in September 1992, he earned his Fellowship in Society of Actuaries. From 1995 – 1998, David served as director of Product Development and Consumer Marketing, and in 1998 he was promoted to director of Corporate Relations. David was again promoted, this time to second vice president, first of Mortgage and Bank Sales in 2001 and then to his current position in 2002.

“I feel I have been given tremendous opportunity to contribute to the Company's success, both now and for the future. I have been given an excellent balance of mentoring and freedom to act, allowing me to take prudent risks and learn new ways of accomplishing a project.”

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