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    Director, Actuary - Hartford, United States - Prudential Financial

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    Full time
    Description

    Job Classification:

    Actuarial - Actuarial

    At Prudential, we believe talent is key to achieving our vision. When you join Prudential, you'll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world's leading financial services institutions

    The Retirement Strategies Pricing team is a part of the Actuarial function directly supporting the Retirement Strategies business in achieving its objectives of investing in growth opportunities, delivering industry-leading experiences, and creating the next generation of solutions. The Pricing team serves an important role as strategic advisor to the Retirement Strategies business in driving pricing and product decisions by providing financial projections and insights into drivers of financial outcomes.

    The current EWA for this position is Hybrid and requires your on-site presence 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.

    What you can expect:

    Retirement Strategies Growth Initiative, Structured Settlements, and SPIA Pricing team is seeking a Director, Actuary to bring actuarial leadership to drive Annuity product innovation, as well as profitability, model, and process refinement for new and existing products. This position requires a highly collaborative individual with strong quantitative skills and business acumen who can quickly pick-up concepts to work on a wide-range of projects in a dynamic and fast-paced environment.

    • Provide pricing leadership on innovative solutions across the product development lifecycle throughout ideation, prioritization, viability, profitability and risk reviews, and launch/implementation support
    • Drive climate of collaboration, engagement, curiosity, talent development, innovation, and business leadership
    • Directly manage a small team
    • Effectively and transparently communicate key information and insights to a diverse set of stakeholders

    What you'll need:

    • Actuarial designation (ASA, FSA) with 5+ years of experience is required
    • Experience with pricing or annuity products is required. Annuity experience is preferred
    • Strong quantitative modeling, analytical, and problem-solving skills, including the ability to identify and create practical solutions to address complex business problems
    • Able to build and/or modify models to assess the viability of various product, reinsurance, or other initiatives, often with limited direction and/or imperfect information
    • Solid development skills and experience with programming languages (such as Matlab or Python and VBA) is preferred
    • Business acumen to translate quantitative analytics into insights that drive business results
    • Active listening skills to understand issues and effectively collaborate with business partners
    • Able to clearly explain complex topics to non-technical and executive audiences through verbal and written communication
    • Sound judgement to prioritize and, where necessary, find reasonable approximations to ensure time and resources are used most efficiently
    • Open to remote/virtual location outside of commutable Newark, NJ; Hartford, CT; or Shelton, CT location

    Prudential welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.

    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 including 1:1 Career advice, on demand resources and networking to propel your career forward.

    We're a global organization, full of outstandingly dedicated people who aren't 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:

    • Market competitive base salaries, with a yearly bonus potential at every level
    • Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave
    • Retirement plans:
    • 401(k) plan with company match (up to 4%)
    • Company-funded pension plan
    • Wellness Programs to help you achieve your wellbeing goals, 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.
    • Tuition Assistance to help finance traditional college enrollment toward obtaining an approved degree, many accredited certificate programs, and industry designations.
    • 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.


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