Job openings/Apply onlineActuarial
Meet new associates in all career pathsFrom our chairman 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 to work 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, Securian Financial Institution Group, 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 product
- 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
Assistant Actuarial Analyst
No exam experience
Technical and project oriented
Works with close supervision
Actuarial Analyst
Completion of SOA courses P-MF (courses 1, 2)
More responsibility, less supervision than assistant actuarial analyst
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
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
Assistant Actuary
Fellowship in Society of Actuaries (FSA)
Manages unit
Developed expertise in product line or area
Product development and management functions are essential
Associate Actuary and Actuary
Fellowship in Society of Actuaries (FSA)
Project independence and diversity increase
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
