Staff Actuary

00001 Ameriprise Financial Inc; Minneapolis (MN); On-site; USD 107,000 - 147,000; Full time

Job summary

Ameriprise Financial Inc. is seeking a Staff Actuary to join our Corporate Actuarial valuation team. You will develop, improve, operate and document complex actuarial models, perform actuarial analyses, and present results to leadership across the company.

The role emphasizes leading GAAP reserve work for UL/VUL, automating processes, and maintaining analytical tools, with professional development to sustain actuarial credentials.

Qualifications

• 5-7 years of actuarial experience.
• All Introductory ASA exams plus 3 Actuarial/Advanced ASA Exams or VEE coursework.
• Bachelor’s degree or equivalent in Actuarial Science, Mathematics, Statistics, Data Science, or related fields.
• Positive relationship and communication skills in working with colleagues.
• Strong analytical, quantitative, and problem‑solving skills.

Responsibilities

• Oversee the UL/VUL GAAP reserve process by performing reserve calculations and communicating insights to leadership.
• Automate production and post‑production processes and maintain analytical tools supporting monthly reporting.
• Develop and communicate analysis to stakeholders across functions.

Skills

Actuarial experience

Communication skills

Analytical thinking

Education

Bachelor's degree in Actuarial Science, Mathematics, Statistics, Data Science, or related fields

Tools

Excel

Python

Power BI

SQL

Job description

About Our Company

We’re a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. Our team of 22,000 people across 19 countries, serves more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses – Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

Job Description

Ameriprise Financial has an exciting opportunity for a Staff Actuary to join the team! In this role you'll be part of our Corporate Actuarial valuation team responsible for developing, improving, operating, and documenting a variety of complex actuarial models. You'll perform actuarial, financial, and risk analysis, and communicate the results to others across the company. The Staff Actuary will serve as the subject matter expert in assigned projects and may have an expanded scope and responsibility within a project.

Key Responsibilities

Play a major role on the team overseeing the UL/VUL GAAP reserve process by performing reserve calculations, conducting detailed analyses, and effectively communicating insights to leadership and stakeholders across multiple functions. Automating production and post‑production processes, including developing and maintaining analytical tools that support monthly reporting and explanations. Professional development to maintain Actuarial credentials.

Required Qualifications

• 5-7 years of actuarial experience
• All Introductory ASA exams plus 3 Actuarial/Advanced ASA Exams or Requirements Validation by Educational Experience (VEE) coursework completion
• Bachelor’s degree or equivalent (4-years) in Actuarial Science, Mathematics, Statistics, Data Science, or related fields.
• Positive relationship and communication skills in working with colleagues.
• Strong analytical, quantitative, and problem‑solving skills

Preferred Qualifications

• Experience with Excel, Python, Power BI, SQL and other database applications.

Base Pay Salary

The estimated base salary for this role is $107,000 - $147,100/ year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long‑term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.

Full-Time/Part-Time

Full time Exempt/Non-Exempt Exempt Job Family Group Finance Line of Business FIN Finance Ameriprise Financial is an equal opportunity employer.

Equal Opportunity Statement

We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, military status, veteran status, genetic information, citizenship, disability status, marital status, family status or any other basis prohibited by law. We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.

Company Overview

Since 1894, Ameriprise Financial has helped people feel more confident about their financial future. Guided by strong values and a deep commitment to clients, we've remained a trusted leader in financial planning and advice for more than 130 years. Through our businesses, Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance & Annuities, we deliver advice, investment and protection solutions designed for long-term success. While each business brings distinct capabilities and expertise, all are united by our unwavering focus on clients and a strong financial foundation. For you, that means the opportunity to build a meaningful career in a high-performing, collaborative culture where your expertise can grow, your contributions are valued and your work can make a real impact. As a global financial services company with three complementary businesses, the breadth of our capabilities sets us apart. It also creates unique opportunities for employees to learn, collaborate and grow their careers: Ameriprise Financial: Financial planning, advice and wealth management. Columbia Threadneedle Investments: Global asset management serving individual, institutional and corporate clients. RiverSource Insurance & Annuities: Products and solutions designed to help clients protect and grow their wealth.

Explore Opportunities Within Each Business and Region

Ameriprise US | Careers
Ameriprise India | Careers
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