Director of Fixed Annuity Pricing leading crediting rate actions for Prudential's Annuities Product Pricing team. Collaborating with stakeholders and advising on risks and business strategies to achieve pricing targets.
Responsibilities
Collaborating with stakeholders to propose price levels that achieve stated pricing targets, using various management levers
Securing necessary approvals for pricing updates
Ensuring recommendations are accurate and adhere to regulatory frameworks
Monitoring emerging profitability and reporting results to Finance and Business leaders
Proactively evaluating, recommending, and implementing management action solutions (e.g., asset strategies, reinsurance, hedging) to meet business objectives
Implementing, understanding, and communicating assumption & methodology changes
Advising business partners on risks and tradeoffs associated with proposed business strategies
Requirements
Actuarial designation (CERA, ASA, FSA) is required
High-energy individual who brings positivity and optimism to their work
Strong project management skills with proven ability to prioritize and lead execution of multiple tasks coupled with a high degree of curiosity on current processes and systems
Continuous Improvement mindset with desire to inspire and lead team through change
Passion for challenging status quo delivering creative yet practical solutions to complex problems
Ability to partner with and influence peers and leaders across business and corporate functions
Excellent oral and written communication skills, especially the ability to communicate complex technical subject matter to various audiences
Experience leading a team is a plus.
Benefits
Medical, dental, vision, life insurance, disability insurance
Paid Time Off (PTO), and leave of absences, such as parental and military leave
401(k) plan with company match (up to 4%)
Company-funded pension plan
Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs
Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development
Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs
Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service
Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance.
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