Staff Actuary

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

Job summary

Ameriprise Financial is seeking a Staff Actuary to join its Corporate Actuarial valuation team. You will develop, operate, and document complex actuarial models and communicate results to stakeholders across the company.

The Staff Actuary serves as a subject matter expert on assigned projects and may expand responsibilities over time. Key duties include overseeing the UL/VUL GAAP reserve process, automating production and post-production workflows, and maintaining analytical tools for monthly

Qualifications

• 5–7 years of actuarial experience.
• All Introductory ASA exams plus 3 Actuarial/Advanced ASA Exams or requirements.
• VEE coursework completion.
• Bachelor’s degree or equivalent in Actuarial Science, Mathematics, Statistics, Data Science, or related fields.

Responsibilities

• Oversee the UL/VUL GAAP reserve process, performing reserve calculations and analyses.
• Automate production and post-production processes with analytical tools for monthly reporting.
• Pursue professional development to maintain actuarial credentials.

Skills

Actuarial experience

Communication skills

Analytical thinking

Education

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

VEE coursework completion

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. 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.