Actuarial Associate at Ameriprise Financial in Minneapolis, Minnesota

Job Description:

Ameriprise Financial has an exciting opportunity for a skilled Actuarial Associate to join our team! The individual will perform actuarial tasks with limited manager assistance or supervision. Serve a critical role owning the production of the Statutory, Tax, and Capital (STC) Corporate Actuarial team's quarterly and annual reporting deliverables. Develop subject matter expertise in NAIC Risk-Based Capital, C3P1, and Statutory & Tax financial reporting. May provide leadership for actuarial intern(s). Come apply and join the team!

Key Responsibilities

• Own the readiness, execution, troubleshooting, controls, and documentation for the STC deliverables; with strong focus on process improvement / modernization.


• Prepare STC reports and summarize/communicate results to direct leaders and impacted business partners.


• Execute and/or support various assumptions unlocking, actuarial memorandums, rating agency surveys, annual statement deliverables, and other regulatory requirements for annual reporting.


• Provide support to RiverSource Life Corporate Risk modeling and reporting as required.


• Participates in ad-hoc projects within a well-defined scope and responsibility and performs actuarial modeling and analysis (e.g., Prophet implementation projects).


• Provide critical support to model owners for ongoing model governance requirements.


• Professional development to obtain and maintain Actuarial credentials.

Required Qualifications

• Bachelor's degree or equivalent (4 years).


• 3-5 years relevant experience.


• All Introductory ASA exams plus 1 Actuarial/Advanced ASA Exam or Requirement.


• Strong technical skill set (e.g., actuarial modeling software, VBA, excel & other MS office applications).


• Strong analytical, quantitative, and problem-solving skills.


• Strong written and verbal communication skills.


• Ability to build strong relationships, work independently, and efficiently multi-task.

Preferred Qualifications

• Bachelor's degree with focus on Actuarial Science, Mathematics, Statistics, Economics, Finance, Data Science, or related disciplines.


• Experience with actuarial modeling software (e.g., FIS Prophet).

About Our Company
We're a diversified financial services leader with more than $1 trillion in assets under management and administration. Our team of 20,000 people in more than 20 countries advise, manage and protect the assets and income of more than 2 million individual, small business and institutional clients. We are a long-standing 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 Services, 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.

Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.

Full-Time/Part-Time

Full time

Exempt/Non-Exempt

Exempt

Job Family Group

Finance

Line of Business

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