Director, Actuary

Prudential Financial

  • Newark, NJ
  • Permanent
  • Full-time
  • 2 months ago
Job Classification: Actuarial - ActuarialAt 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!Directory, Actuary Role: Global Capabilities - EurekaThis role will support Enterprise Capabilities to design, develop, test, and deliver actuarial modeling solutions for use in valuation, pricing, forecasting, capital optimization, and M&A.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:ResponsibilitiesCollaborate with business partners (Valuation, Forecasting, Risk, etc) to implement solutions
  • Reach agreement with business partners on minimally viable solution
  • Enhance solutions based on feedback from business partners
  • Implement an actuarially sound solution to a production-ready application
  • Ensure solutions meet model governance standards and best practices
Develop solutions to meet business requirements
  • Actuarial methodology, simplifications, approximations
  • Follow model governance standards and best practices as needed
  • Python code for modeling or transformations
Collaborate with technology partners to implement scalable architecture for business solutions
  • Solutions are scalable to new use-cases
  • Solutions are flexible to support future changes
  • Solutions are stable and reliable in Production
  • Solutions are transparently documented
What you’ll need:
  • ASA or higher actuarial credentials
  • 3+ years of experience in actuarial work (valuation, forecasting, capital management)
  • 3+ years of experience with actuarial regulatory frameworks (US Statutory, US GAAP, ICS)
  • Understanding of Asset and Liability Management
  • Familiarity with agile methodologies
  • Bachelor’s Degree
It’d be a plus if you had:
  • Experience with software engineering or constructing/evaluating actuarial models
  • Knowledge of Bermuda insurance financial reporting and regulatory framework
  • Knowledge of Japan insurance financial reporting and regulatory framework
  • Open to remote/virtual 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.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.
Note: 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 $160,700.00 to $217,300.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or 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.

Prudential Financial