Manager – Actuarial
Company | Prudential Financial |
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Location | Newark, NJ, USA, Shelton, CT, USA, Ambler, PA, USA |
Salary | $107200 – $159500 |
Type | Full-Time |
Degrees | Bachelor’s |
Experience Level | Senior |
Requirements
- Bachelor’s Degree Required
- 5+ years of experience in financial services, product support, or product management, including Annuity Illustrations experience preferred
- Strong technical skills in Microsoft Excel including VBA and other programming. Microsoft Access experience preferred but not required
- Associate of the Society of Actuaries (ASA) preferred but not required
- Experience with Actuarial Regulatory support for contract filings (Actuarial Memos, Actuarial Certifications, Nonforfeiture Demonstrations) preferred but not required
- Approach work with intellectual curiosity and transparency with an openness to giving and receiving feedback
- Self‐motivated, proactive and visionary leadership, thinking beyond functional responsibilities to broader business strategy
- Highly organized, collaborative, creative, and adept at handling multiple, changing priorities where creative solutioning required
- Continuous Improvement, AGILE, or process optimization experience
- Skilled at resolving conflict and negotiating effectively and tactfully
- Proven strong attention to detail and follow‐through skills
- Excellent verbal and written communication/presentation skills
- Strength of convictions and ability to influence and champion product changes
- Ability to effectively manage several dissimilar projects and prioritize
- Ability to work independently and as part of a team.
Responsibilities
- Drive project execution by proactively identifying problems/issues and assuming responsibility for the work product.
- Manage and drive understanding of in-force projects with other associates
- Demonstrate product/rider and technical expertise across all Prudential annuity products
- Clearly communicate technical calculations and complex methodologies via oral and written methods
- Sound technical skills in tool building while continuing focus on long-term strategies
- Communicate concerns, inconsistencies, or clarifications needed within Product Specifications.
- Manage and provide subject matter expertise on complex algorithms
- Demonstrate knowledge in predictive analytics
- Manage and maintain the team’s tool inventory. Follow established controls for model governance
- Provide leading support in internal audits and other activities to reinforce the usage of sound processes and a control consciousness
- Review and clearly communicate necessary updates for all contract forms and prospectus information, if applicable, to determine readability and consistency with product specifications (customer focused)
- Assist with the development and training of other associates
- Collaborate with business partners to ensure thorough understanding and peer review of calculation in support of all regulations and processes
- Provide on-going actuarial knowledge and creative problem resolution within Product and to business partners across the organization
- Consistent focus on streamlining and enhancing existing processes and tools.
Preferred Qualifications
- 5+ years of experience in financial services, product support, or product management, including Annuity Illustrations experience preferred
- Associate of the Society of Actuaries (ASA) preferred but not required
- Experience with Actuarial Regulatory support for contract filings (Actuarial Memos, Actuarial Certifications, Nonforfeiture Demonstrations) preferred but not required