Senior Staff Actuary

Company: Thrivent Financial
Location: Minneapolis
Posted on: November 13, 2024

Job Description:

We exist to help people achieve financial clarity. At Thrivent, we believe money is a tool, not a goal. Driven by a higher purpose at our core, we are committed to providing financial advice, investments, insurance, banking and generosity programs to help people make the most of all they've been given.At our heart, we are a membership-owned fraternal organization, as well as a holistic financial services organization, dedicated to serving the unique needs of our clients. We focus on their goals and priorities, guiding them toward financial choices that will help them live the life they want today-and tomorrow.Job SummarySupports and often leads initiatives related to the development, pricing, ongoing management, valuation, and/or reporting of Thrivent's products. Supports and often leads initiatives related to risk evaluation/management and other corporate reporting and analysis projects. Applies business acumen and extensive actuarial experience to the financial management and product management of Thrivent, helping to deliver competitive products while also keeping the company financially sound.This role will be responsible for the product pricing functions of Thrivent's Life or Annuity products. This includes actuarial modeling for both new product development and inforce product management. This role collaborates with other actuarial teams, such as corporate actuarial, to maintain pricing assumptions within the actuarial product models.Job Responsibilities and Duties

• Supports and sometimes leads a range of complex and challenging initiatives related to the development, pricing, ongoing management, valuation, and/or reporting of Thrivent's products.
• Designs, develops, and maintains analytical models, using a variety of corporate software tools.
• Influences and leads development of appropriate assumptions and methods to use in models.
• Performs and/or leads testing, analysis, and evaluation of model results, and identifies additional analysis needed.
• Applies actuarial principles commensurate with the Fellow of Society of Actuaries certification.
• Occasionally provides guidance and direction to less experienced staff members on some assignments.
• Acts as a guardian of the company's financial strength while also striving to increase the value we are able to deliver to members.
• Supervise actuarial interns and students as necessary.
• Models Thrivent's leadership competencies - Courage, collaboration, and commitment by demonstrating resiliency, working together to make the best decisions, and holding themselves and other accountable.
• Supports and/or develops an environment in which Thrivent employees and colleagues are focused on continuous improvement, exceptional employee engagement, and an unwavering commitment to our clients. Shapes and/or supports a culture that represents the Thrivent purpose, promise and values, ensuring that Thrivent's trust and reputation remain strong with its clients.Job QualificationsRequired:
  • Bachelor's degree.
  • FSA & MAAA.
  • 4 years' experience.
  • Considerable industry and professional knowledge, extensive in areas of expertise.
  • History of execution of successful actuarial projects.Preferred:
    • Life pricing or annuity pricing experience preferred.Additional Information
      • This position allows a flexible work arrangement meaning you may work on-site and/or remotely from the Minneapolis, MN area.Pay TransparencyThrivent's long-term growth depends on attracting, rewarding, and retaining people who are committed to helping others thrive with purpose. We accomplish this by offering a wide variety of market competitive compensation programs to attract, reward, and retain top talent. The applicable salary or hourly wage range for this full-time role is $133,386.00 - $180,464.00 per year, which factors in various geographic regions. The base pay actually offered will be determined by a variety of factors including, but not limited to, location, relevant experience, skills, and knowledge, business needs, market demand, and other factors Thrivent deems important.Equal Employment OpportunityThrivent provides Equal Employment Opportunity (EEO) without regard to race, religion, color, sex, gender identity, sexual orientation, pregnancy, national origin, age, disability, marital status, citizenship status, military or veteran status, genetic information, or any other status protected by applicable local, state, or federal law. This policy applies to all employees and job applicants.Reasonable AccommodationThrivent is committed to providing reasonable accommodation to individuals with disabilities. If you need a reasonable accommodation, please let us know by sending an email to human.resources@thrivent.com or call 800-847-4836 and request Human Resources.About UsAt Thrivent, we believe money is a tool, not a goal. Driven by a higher purpose at our core, we are committed to providing financial advice, investments, insurance, banking and generosity programs to help people make the most of all they've been given. At our heart, we are a membership-owned fraternal organization, as well as a holistic financial services organization, dedicated to serving the unique needs of our customers. We focus on their goals and priorities, guiding them toward financial choices that will help them live the life they want today-and tomorrow.For over 100 years, Thrivent has been helping people build their financial futures and live more generous lives. Today, it's a Fortune 500 company that offers a full range of expert financial solutions, serving more than 2 million customers, as well as the communities in which they live and work.Thrivent fosters a diverse workforce to serve our diverse clientele, reflecting a wide range of backgrounds and experiences. If you're intrigued about our work and the possibility of becoming part of it, we invite you to visit Thrivent.com to learn more. You won't just build a career; you'll be part of an organization focused on growing, innovating, and serving.
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Keywords: Thrivent Financial, Saint Louis Park , Senior Staff Actuary, Accounting, Auditing , Minneapolis, Minnesota