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Manager – Actuarial

Manager – Actuarial

CompanyPrudential Financial
LocationNewark, NJ, USA, Shelton, CT, USA, Ambler, PA, USA
Salary$107200 – $159500
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior

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