Senior Staff Actuary

We exist to help people achieve financial clarity. At Thrivent, we believe money is a tool, not a goal. Driven by a higher purpose at our core, we are committed to providing financial advice, investments, insurance, banking and generosity programs to help people make the most of all they’ve been given.
At our heart, we are a membership-owned fraternal organization, as well as a holistic financial services organization, dedicated to serving the unique needs of our clients. We focus on their goals and priorities, guiding them toward financial choices that will help them live the life they want today—and tomorrow.
Job Summary
Supports and often leads initiatives related to the development, pricing, ongoing management, valuation, and/or reporting of Thrivent’s products. Supports and often leads initiatives related to risk evaluation/management and other corporate reporting and analysis projects. Applies business acumen and extensive actuarial experience to the financial management and product management of Thrivent, helping to deliver competitive products while also keeping the company financially sound.
This role will be responsible for the product pricing functions of Thrivent’s Life or Annuity products. This includes actuarial modeling for both new product development and inforce product management. This role collaborates with other actuarial teams, such as corporate actuarial, to maintain pricing assumptions within the actuarial product models.

Job Responsibilities and Duties

• Supports and sometimes leads a range of complex and challenging initiatives related to the development, pricing, ongoing management, valuation, and/or reporting of Thrivent's products.
• Designs, develops, and maintains analytical models, using a variety of corporate software tools.
• Influences and leads development of appropriate assumptions and methods to use in models.
• Performs and/or leads testing, analysis, and evaluation of model results, and identifies additional analysis needed.
• Applies actuarial principles commensurate with the Fellow of Society of Actuaries certification.
• Occasionally provides guidance and direction to less experienced staff members on some assignments.
• Acts as a guardian of the company's financial strength while also striving to increase the value we are able to deliver to members.
• Supervise actuarial interns and students as necessary.
• Models Thrivent’s leadership competencies – Courage, collaboration, and commitment by demonstrating resiliency, working together to make the best decisions, and holding themselves and other accountable.
• Supports and/or develops an environment in which Thrivent employees and colleagues are focused on continuous improvement, exceptional employee engagement, and an unwavering commitment to our clients. Shapes and/or supports a culture that represents the Thrivent purpose, promise and values, ensuring that Thrivent’s trust and reputation remain strong with its clients.

Job Qualifications

Required:

• Bachelor's degree.
• FSA & MAAA.
• 4 years’ experience.
• Considerable industry and professional knowledge, extensive in areas of expertise.
• History of execution of successful actuarial projects.

Preferred:

• Life pricing or annuity pricing experience preferred. 

Additional Information

• This position allows a flexible work arrangement meaning you may work on-site and/or remotely from the Minneapolis, MN area.

Pay Transparency

Thrivent’s long-term growth depends on attracting, rewarding, and retaining people who are committed to helping others thrive with purpose. We accomplish this by offering a wide variety of market competitive compensation programs to attract, reward, and retain top talent. The applicable salary or hourly wage range for this full-time role is $133,386.00 - $180,464.00 per year, which factors in various geographic regions. The base pay actually offered will be determined by a variety of factors including, but not limited to, location, relevant experience, skills, and knowledge, business needs, market demand, and other factors Thrivent deems important.

Thrivent is unique in our commitment to helping people to be wise with money and live balanced and generous lives. That extends to our benefits.

The following benefits may be offered: various bonuses (including, for example, annual or long-term incentives); medical, dental, and vision insurance; health savings account; flexible spending account; 401k; pension; life and accidental death and dismemberment insurance; disability insurance; supplemental protection insurance; 20 days of Paid Time Off each year; Sick and Safe Time; 10 paid company holidays; Volunteer Time Off; paid parental leave; EAP; well-being benefits, and other employee benefits. Eligibility for receipt of these benefits is subject to the applicable plan/policy documents. Thrivent’s plans/policies are subject to change at any time at Thrivent’s discretion.

Thrivent provides Equal Employment Opportunity (EEO) without regard to race, religion, color, sex, gender identity, sexual orientation, pregnancy, national origin, age, disability, marital status, citizenship status, military or veteran status, genetic information, or any other status protected by applicable local, state, or federal law. This policy applies to all employees and job applicants.

Thrivent is committed to providing reasonable accommodation to individuals with disabilities. If you need a reasonable accommodation, please let us know by sending an email to [email protected] or call 800-847-4836 and request Human Resources.