Hybrid Manager, Actuarial

at Prudential Financial

• Job title: Manager, Actuarial
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: $107,300 - $166,400 per year
• Degree requirement: Bachelor's Degree
• Tech skills: VBA
• Location requirements: Hybrid, United States

About the role

• Manager, Actuarial role for Prudential responsible for annuity product initiatives and management. Collaborating with technical teams while ensuring product integrity and compliance.

Responsibilities

• Drive project execution by proactively identifying problems/issues and assuming responsibility for the work product
• Manage and drive understanding of in-force products through a centralized mailbox
• 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
• Validate in-force business with business-as-usual testing to maintain product integrity and compliance with established standards
• Provide leading support in internal audits and other activities to reinforce the usage of sound processes and 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
• Oversee ongoing support of our immediate annuity products.

Requirements

• Bachelor’s Degree Required
• 5+ years of experience in financial services, product support, or product management
• Strong technical skills in Microsoft Excel including VBA, Power Query and other programming
• Associate of the Society of Actuaries (ASA) 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.

Benefits

• Medical, dental, vision, life insurance, disability insurance
• Paid Time Off (PTO)
• 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