Senior Life & Annuity Product Accountant

Securian Financial Group; Minnesota; Hybrid; USD 92,000 - 170,000; Full time

Benefits offered by this job

Health insurance

Pension plan and 401(k)

Paid time off

Holidays

Job summary

Securian Financial Group is seeking a Senior Consultant to serve as the primary accounting expert for life, annuity, and reinsurance products. You will interpret statutory, GAAP, and Bermuda requirements, manage multi-entity reporting, and establish new accounting policies.

You’ll partner with finance, actuarial, risk, and audit teams to improve controls and governance while delivering strategic insights. The role blends technical accounting with business influence, supporting key decisions and

Qualifications

• Bachelor’s degree in Accounting, Finance, Business, Mathematics, or a related field.
• 7+ years experience in reinsurance and/or product, insurance, financial reporting accounting.
• Strong knowledge of statutory and GAAP accounting and reporting requirements.
• Demonstrated ability to resolve complex accounting issues independently.
• Experience leading projects and influencing outcomes without direct authority.
• Strong analytical, communication, and stakeholder-management skills.

Responsibilities

• Serve as the primary accounting expert for life, annuity, and affiliated reinsurance transactions.
• Lead interpretation and application of statutory, GAAP, and Bermuda accounting requirements.
• Manage preparation, review, and delivery of financial reporting across multiple entities and bases.
• Establish and implement accounting policies for new products and structures.
• Provide technical direction to accountants, actuaries, and contributors.
• Analyze financial results for leadership and advise on profitability and forecasting.
• Translate complex financial data into actionable insights and partner on reporting issues.
• Lead projects with significant financial reporting impact.

Skills

Analytical skills

Communication skills

Stakeholder management

Project leadership

Education

Bachelor's degree in Accounting, Finance, Business, Mathematics, or related field

CPA or equivalent certification

Tools

SAP or general-ledger systems

Job description

Overview: Bring your accounting expertise to a role that directly supports the growth of Securian’s Individual Life and Individual Annuity businesses. As a Senior Consultant, you’ll solve complex accounting challenges, establish accounting solutions, and help shape reporting and governance capabilities for sophisticated products, transactions, and legal entities. You’ll partner across finance, actuarial, risk, audit, technology, and business teams while working across statutory, GAAP, and Bermuda economic accounting frameworks. This is an opportunity to combine deep technical expertise with strategic influence, helping strengthen financial reporting, improve processes and controls, and provide insights that support key business decisions. We are open to considering both local and remote talent for this opportunity. If you live within a commutable distance of our St. Paul Home Office, this position follows a hybrid work schedule. If you live outside of a commutable distance, you may be eligible to work as a virtual employee.

Responsibilities

• Accounting and Financial Reporting
  • Serve as the primary accounting expert for assigned life, annuity, and affiliated reinsurance products and transactions.
  • Lead the interpretation and application of statutory, GAAP, and Bermuda accounting requirements.
  • Manage the preparation, review, and delivery of financial reporting across multiple legal entities and accounting bases.
  • Establish and implement accounting policies and reporting practices for new products, transactions, and reinsurance structures.
  • Provide technical direction to accountants, actuaries, and other contributors.
• Financial Analysis and Business Partnership
  • Independently analyze and interpret financial results for senior leadership.
  • Serve as a trusted advisor on profitability, capital efficiency, accounting, financial forecasting and reporting implications.
  • Translate complex financial information into actionable insights and recommendations.
  • Partner across the organization to solve complex reporting issues and influence business decisions.
  • Lead projects with significant financial reporting or business impact.
• Systems, Controls and Process Leadership
  • Lead the development and improvement of financial reporting processes, controls, and governance.
  • Define and approve accounting requirements for system feeds, reporting solutions, and new transactions.
  • Direct testing and implementation of accounting and financial-system changes.
  • Improve the efficiency, scalability, accuracy, and control of reporting processes.
• Audit, Regulatory and Technical Leadership
  • 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

• Bachelor’s degree in Accounting, Finance, Business, Mathematics, or a related field.
• 7+ years experience in reinsurance and/or product, insurance, financial reporting accounting.
• Strong knowledge of statutory and GAAP accounting and reporting requirements.
• Demonstrated ability to resolve complex accounting issues independently.
• Experience leading projects and influencing outcomes without direct authority.
• Strong analytical, communication, and stakeholder-management skills.

Preferred Qualifications

• CPA or equivalent professional certification.
• Familiarity with Bermuda accounting and reporting.
• Experience implementing new products, legal entities, accounting processes, or reporting solutions.
• Experience with SAP or another enterprise general-ledger platform.

Salary and Compensation

The salary range listed below reflects the P4 (Financial Reporting Sr. Consultant) level. If hired at the P3 (Financial Reporting Consultant) level, the estimated base salary range for this job is $73,700 to $136,800.

The estimated base pay range for this job is: $91,700.00 - $169,600.00 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.

Benefits

• 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: Environmental Health & Sustainability, Mental Wellness and Disability Pride at Securian Financial, Securian Young Professionals Network, Securian Multicultural Network, Securian Women and Allies Network, Servicemember Associate Resource Group.

Equal Opportunity Statement

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 [e-mail], by telephone [phone] (voice), or 711 (Relay/TTY).

Additional Company Information

Securian Financial is a drug-free workplace.

We also recommend that you periodically check our job postings and apply directly for positions that interest you. Securian Financial roles are listed with Job Category beginning SF.

Be you. With us. We’re a bright-thinking, hard-working team focused on growth with purpose. And with large company resources and a small company feel, it means each of us is a name, not a number. Here, every voice matters — bring us your ideas and curiosity. Discover the best you — with us. We are a Great Place to Work‑Certified company for the eighth year in a row, based on company-provided data and the results of the Great Place to Work Trust Index survey administered to our employees.