About the role

  • 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.

Job title

Director, Fixed Annuity Pricing

Job type

Experience level

Lead

Salary

$158,800 - $238,200 per year

Degree requirement

Professional Certificate

Location requirements

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