Enterprise Risk Management Actuary

3 days ago


New Middletown, Ohio, United States Securian Financial Group Full time
About the Role

This highly visible position within the ERM Actuarial Team offers a unique opportunity to broaden your skillset across all aspects of our Enterprise Risk Management program. As an integral part of a collaborative team, you will have the chance to serve on enterprise governance committees and initiatives, support ALM strategy, and drive enhancements to our overall enterprise risk framework.

Key Responsibilities

- Provide leadership in ALM Governance and Risk Management, ensuring the effective management of Securian's liability-based investment portfolios and establishing appropriate risk tolerances.
- Lead analysis of ALM-related risk frameworks (liquidity, credit, and interest rate risk) and develop recommendations for management actions.
- Engage with the ALM Group, presenting and generating topics as needed, and executing policies set forth by the group.
- Offer thought leadership to ALM reporting, assumption-setting, and financial projections.
- Collaborate on cross-functional projects to enhance ALM risk frameworks.

Strategic Asset Allocation and General Account Strategy

- Support the 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 a 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 (Risk Council, etc.).
- Serve as ERM representative on enterprise projects.
- Contribute expertise to ERM initiatives including ORSA, Embedded Value, and capital management.

Requirements

- ASA or near-FSA actuarial designation.
- 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.

Salary Information

The estimated base pay range for this role is $84,000 - $155,000 annually, depending on job-related factors and individual experience, skills, knowledge, etc. More information can be discussed with a member of the Securian Financial Talent Acquisition team.

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