Wednesday, November 16, 2016

Director Actuary Group Insurance Life Core Pricing Prudential Financial Roseland

Job Description: • 2-minute read •
Prudential Financial, Inc. is seeking a Director & Actuary, Core Products Pricing for the actuarial team supporting the Company’s Group Insurance business. Prudential's Group Insurance is a leading employee benefit provider with annual premiums approaching $5 billion, and is an integral part of the Prudential’s US operation. The successful candidate will demonstrate strong leadership, initiative, entrepreneurial spirit, innovation and sound judgment, strong communication and technical skills with an attention to detail and be able to collaborate successfully with other members of the actuarial staff, as well as with the Group Insurance Underwriting, Claim, Product, Finance, Sales, Reporting and IT areas to achieve optimum results.
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The primary responsibilities of this position include but are not limited to:
Directing Group Life pricing actuarial assumption and methodology reviews to improve risk selection and support substantial profitable growth while ensuring compliance with Enterprise Pricing Standards;
Directing data mining efforts to improve Group Life pricing accuracy and efficiency
Providing actuarial guidance in large case Underwriting to facilitate confident decision-making and to achieve business goals;
Providing actuarial support to new product development.
The incumbent must possess strong interpersonal and communication skills (both written and verbal) and be able to seamlessly collaborate with other members of the team and across functions. The successful candidate must demonstrate attention to detail, organization, and deliverables, including driving projects to completion in accordance with established timelines.
This position will report to the Vice President & Actuary, Core Pricing, Group Insurance and will be located in Roseland, New Jersey.

Qualifications

College Degree (BA / BS) required. Degree in Actuarial Science, mathematics, finance, computer science or other quantitative related fields are preferred;
Typically FSA required;
5+ years of actuarial experience, plus experience managing others;
Excellent communication skills, both written and verbal , particularly in presenting results to senior executives;
Highly motivated and creative problem solver; able to self-initiate and thrive in a fast-based, results-oriented environment;
Positive attitude;
Ability to convey sense of urgency and to work productively and cooperatively;
Collaborative and team-oriented; ability to lead and train others;
Market exposure in group benefits is a plus but not required.
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