What are the responsibilities and job description for the Staff Actuary position at Ameriprise Financial Services, LLC?
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
We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders — clients, advisors, employees and shareholders. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.
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 (e.g., H-1B, F-1 CPT, F-1 OPT, TN).
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.
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
We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders — clients, advisors, employees and shareholders. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.
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 (e.g., H-1B, F-1 CPT, F-1 OPT, TN).
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.
Salary : $107,000 - $147,100