I grew up in a suburb of Minneapolis in a family of entrepreneurs. My grandparents, father, in-laws and husband are all small-business owners. Being around those influences and this legacy of hard work has given me so much perspective on the importance of understanding my role in the overall business context.
At one time, I considered following entrepreneurship, and although I didn’t pursue it, the exposure to small businesses has given me the ability to understand and provide accurate predictability and risk evaluation which is a big part of my current job as an actuary.
My husband and I and our golden retriever live in St. Paul. Anecdotally, and even though the cities are adjoining, the move from Minneapolis to St. Paul— “crossing the river”—is seen as a cultural shift from the more transient environment of Minneapolis to the more suburban, old-school St. Paul. One location is not better than the other, simply different, so we’ve arrived!
A love for animals inspired me to declare veterinarian science as my first major when I began college at the University of St. Thomas – Minnesota. Most people aren’t aware that the study of veterinary science also includes the study of human anatomy and how animals and humans share biology. As it turned out, biology and chemistry were not my strengths. Finally, I came across actuarial science, a major at the University of St. Thomas, and found my niche in the combination of mathematics and business concentration the degree offered.
I attended an internship job fair at the University of Minnesota during my junior year of college and Securian Financial was the first booth I visited that day! At the time, I had never heard of Securian, but my mentor and the actuarial program director at St. Thomas thought I would be a good cultural fit. I interned between my junior and senior years, where I was given guidance, training and experience, making the decision to come to Securian Financial after graduation an easy one. The rest, as they say, is history!
I began my career as an actuarial analyst with Securian Financial in 2015. I have held several actuarial roles within Securian as well as a nontraditional role and all my experiences have helped give me additional perspective and business acumen. I am currently the Director of the Valuation Center of Excellence. In that capacity, I have six direct reports and 18 total members on my team. We examine liabilities to determine how much money Securian should have in reserve to cover our policies. We are responsible for creating the assumptions and understanding the methodology to develop those calculations. Those calculations then go into the overall financial picture for Securian Financial. Managing and preparing for risk and uncertainty is, at its crux, the role of an actuary. Historical events serve as a helpful source of information; however, risks to consider should include the unknown or unlikelier. Thus, having debates and conversations with many different actuaries at the table are essential components of how we manage risk.
It sounds cliché, but my favorite part about my job is the people. I feel quite fortunate to work with such an impressive team of people (both now and in prior roles) who deeply care about their work and those we serve. Getting the right people in the right place is an important part of my role. Helping the team find where they shine and matching that up to the company's business needs is an incredibly rewarding part of my job. Doing so can also be the most challenging aspect, as it means having honest conversations in pursuit of helping the team succeed.