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Prudential Ins Co of America Manager, Actuarial in Newark, New Jersey

Job Classification:
Actuarial - Actuarial
At Prudential, we believe talent is key to achieving our vision. When you join Prudential, youll unlock a motivating and impactful career all while growing your skills and advancing your profession at one of the worlds leading financial services institutions!
The current employee work arrangement for this position is Hybrid and requires your on-site presence at one of the following locations, (Newark, NJ, Dresher, PA, Shelton, CT) on a reoccurring basis as determined by your business. Your manager will provide additional details relative to the specific number of days you are expected to be on-site.
As a member of the Annuity Calculation Management team, the individual will perform multiple functions within their area. These functions include the Methodology function, Tool Delivery function, Operations function, and Product Regulatory function. The Annuity Calculation Management team is responsible for all technical aspects of annuity product initiatives and ongoing management of the current annuity product portfolio. The team ensures actuarial & product integrity of the in-force block of business through all lifecycles of the 300+ products in force. This individual is recognized within the organization as a product and calculation expert. This individual has demonstrated the ability to collaborate effectively and train associates in different functions. This individual will also perform the functions outlined below.
What you can expect:

Duties and Responsibilities by Function:

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 teams 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.
What youll need:

Bachelors 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
Selfmotivated, 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 followthrough 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.
At Prudential, you can:
Take charge of your career. We equip and empower our employees to expand their skills and experience by using powerful learning, gigs, and job opportunities. We offer a suite of services such as on demand resources and networking to propel your career forward.
Were a global organization, full of outstandingly dedicated people who arent afraid to think differently, challenge the status quo and take sensible risks along the way. You will enjoy pushing boundaries as we build innovative technology that helps clients, customers and employees live their best lives. You will have access to leadership and learning opportunities and the resources needed to take your career in any direction. We will help you do your best work, offering flexibility, while delivering on our Purpose
What we offer you:
Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $107,200.00 to $159,500.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.
Market competitive base salaries, with a yearly bonus potential...

Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity

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