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Director, Actuary (Virtual)

Company: Prudential Financial, Inc.
Location: Newark
Posted on: September 22, 2022

Job Description:

Job Classification:Actuarial - ActuarialThis pricing role is responsible for pricing supplemental health products, specifically Accident, Critical Illness, and Hospital Indemnity. This role directs a small team of junior actuaries in maintaining pricing methodology and underwriting tools, guiding the assumption setting process, and supporting/signing rate filings for these products. The role is ultimately responsible for the accurate pricing and filing of manual rates, as well as developing experience rating methodology for these products as experience is built over the course of time. This role is a key stakeholder in Prudential Group Insurance's strategy to grow Voluntary products, working closely and collaborating constantly with Distribution, Underwriting, Product, and Operations partners to drive profitable growth in the Voluntary marketplace.This person will manage 1-2 associates and interface constantly with business partners and stakeholders in other areas of Group Insurance and Corporate Actuarial.Requirements---ASA required; FSA preferred---5-10 years of experience; Group product experience preferred---Strong communication and storytelling skills, focusing on explaining technical concepts to non-actuarial audiences---A passion for change and transformation of processes, models, and tools---Python & SQL understanding preferred; at a minimum, a passion to learn new languages and implement process improvements using them---Open to remote/virtual outside of commutable Newark, NJ location.*Note: Prudential is required by Colorado law to include the salary range for this role when hiring a Colorado resident.Salary range specific to Colorado: ($134,700 to $182,300)+ discretionary incentive bonus + benefits. 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. In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement.-Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit to learn more about our values, our history and our brand.Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status , medical condition or any other characteristic protected by law.The Prudential Insurance Company of America, Newark, NJ and its affiliates.Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at for more information about doing business with Prudential.PEOPLE WITH DISABILITIES:If you need an accommodation to complete the application process, which may include an assessment, please email .Please note that the above email is solely for individuals with disabilities requesting an accommodation. If you are experiencing a technical issue with your application or an assessment, please email to request assistance.

Keywords: Prudential Financial, Inc., Newark , Director, Actuary (Virtual), Executive , Newark, New Jersey

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