Staff Actuary

Ameriprise Financial Services, LLC; Minneapolis (MN); Hybrid; USD 107,000 - 148,000; Full time

Benefits offered by this job

Competitive benefits program

401(k)

Health, dental, and life insurance

Job summary

Ameriprise Financial Services, LLC is seeking a Staff Actuary to join the Corporate Actuarial Modeling team in Minneapolis, MN. This role focuses on developing and maintaining actuarial models that support financial and risk analysis across the organization, providing clear insights for cross-functional partners.

The ideal candidate will have relevant actuarial experience, strong analytical skills, and the ability to communicate effectively with stakeholders. The position includes a competitive salary and benefits package, along with opportunities for professional development.

Qualifications

• 5-7 years of relevant experience, including 4+ years of actuarial experience.
• Completion of all Introductory ASA exams and 3 Actuarial/Advanced ASA Exams.
• Validation by Educational Experience (VEE) coursework completion.

Responsibilities

• Develop and enhance actuarial models for financial and risk reporting.
• Support ongoing reporting processes and implement model updates.
• Contribute to model development initiatives and ensure models meet internal standards.

Skills

Analytical skills

Quantitative skills

Problem-solving skills

Communication skills

Education

Bachelor’s degree in Actuarial Science or related field

Tools

Prophet Professional

MS Excel

VBA

Python

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 is seeking a Staff Actuary to join our Corporate Actuarial Modeling team and help drive critical business insights. In this role, you’ll develop, enhance, and maintain advanced actuarial models that support financial and risk analysis across the organization. You’ll translate complex results into clear, actionable insights for cross‑functional partners. This position offers the opportunity to serve as a subject matter expert on key initiatives with growing scope and impact. It’s an ideal role for an actuary who enjoys combining technical modeling with real‑world business influence.

Key Responsibilities

• Develop, maintain, and enhance actuarial models used for financial and risk reporting, ensuring accuracy, efficiency, and alignment with business requirements.
• Support ongoing reporting processes by delivering timely and accurate results, performing peer reviews, and implementing model updates for assumption changes and other enhancements.
• Contribute to model development initiatives, including building new functionality, validating results, and ensuring models meet internal standards for testing, documentation, and governance.
• Drive continuous improvement in modeling processes through optimization, standardization, and increased automation of workflows and reporting outputs.
• Collaborate with cross‑functional teams to ensure models appropriately reflect product features and reporting needs, while communicating progress and results effectively to stakeholders.
• Professional development to maintain Actuarial credentials.

Required Qualifications

• 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.
• 5-7 years of relevant experience, 4+ years of actuarial experience.
• Positive relationship and communication skills in working with colleagues.
• Strong analytical, quantitative, and problem‑solving skills.

Preferred Qualifications

• Experience with Prophet Professional or Prophet Enterprise.
• Experience with MS Excel, VBA, Python, and database applications.

In‑Office Collaboration

Employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week.

Visa Sponsorship

Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States.

Base Pay Salary

The estimated base salary for this role is $107,000 - $147,100 / year.

Benefits

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.

Employment Status

Full time, Exempt. Line of Business: FIN Finance. Job Family Group: Finance.

Equal Opportunity

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.