Financial Reporting Consultant - Life & Annuity Product Accounting

Overview:

The Financial Reporting Consultant supports the growth of Securian's Individual Life and Individual Annuity businesses through their leadership in financial reporting. As Individual Solutions expands its affiliate reinsurance strategy through Securian Re, this position will help shape and support the financial infrastructure needed to manage increasingly complex products, entities, and accounting frameworks.

This role will is responsible for the reinsurance and product accounting across statutory, GAAP, and Bermuda economic accounting bases. This role will partner across finance, actuarial, and business teams to deliver accurate reporting, meaningful financial insights, and strong operational governance. The position offers a unique opportunity to build for our future growth and inform business management.

Responsibilities include but are not limited to:

Accounting & Financial Reporting

• Determine accounting treatment for Individual Solutions products and reinsurance structures, including statutory, GAAP, and Bermuda accounting bases.

• Prepare journal entries, reconciliations, financial statements, and supporting schedules for monthly and quarterly reporting.

• Validate and test accounting system results; develop procedures and controls to ensure accurate financial reporting.

• Support reporting across multiple legal entities, including Minnesota Life, Securian Life, and Securian Re.

Financial Analysis & Planning

• Analyze financial results and key business drivers across products, entities, and accounting lenses.

• Support goals and plans activities for Individual Solutions and Securian Re.

• Provide insights to leadership on profitability, capital efficiency, and business performance.

Audit, Governance & Process Improvement

• Support audits, regulatory reviews, and communications with auditors, examiners, and rating agencies.

• Maintain strong documentation, controls, and accounting governance practices.

• Identify and implement process improvements to enhance reporting efficiency and effectiveness.

• Participate in strategic projects and initiatives related to Securian Re, including future deals.

Qualifications:

• Accounting experience with exposure to statutory, management-based, tax and GAAP for financial reporting and budgeting.

• Bachelor's degree (preferably in Accounting, Finance, or Math).

• Demonstrated analytical skills to review and analyze financial statements.

• Ability to communicate and work with a variety of stakeholders.

• Excellent attention to detail.

Preferred Qualifications:

• Knowledge of insurance accounting concepts and products, including individual life and individual annuities.

• Reinsurance accounting experience.

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 3 days each week in our offices to collaborate and build relationships. Our policy allows flexibility for the reality of business and personal schedules.

Preferred Skills:

Analytical Thinking, Cash Flow Management, Collaboration, Critical Thinking, Data Analysis, Detail-Oriented, Financial Forecasting, Problem Solving, Statement Analysis

The estimated base pay range for this job is:

$73,700.00 - $136,800.00

Pay may vary depending on job-related factors and individual experience, skills, knowledge, etc. More information on base pay and incentive pay (if applicable) can be discussed with a member of the Securian Financial Talent Acquisition team.

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. Our PTO program provides flexibility for associates to take meaningful time away from work to relax, recharge and spend time doing what's important to them. And Securian Financial rewards associates for their service by providing additional PTO the longer you stay at Securian.

• Leave programs: Securian's flexible leave programs allow time off from work for parental leave, caregiver leave for family members, bereavement and military leave.

• Holidays: Securian provides nine company paid holidays.

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).

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