Director, Actuary

2 months ago

Newark, United States Prudential Financial, Inc. Full time
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 Director, Supplemental Health Pricing will primarily be responsible for working with product, pricing and underwriting teams promoting new product and pricing initiatives to improve the growth and profitability within Prudential Group Insurance's Supplemental Health products, including Critical Illness, Hospital Indemnity and Accident Insurance. Specific activities will include development of pricing methods, support for product development, case level pricing and underwriting consultation, and thought leadership for pricing and product strategies.

The individual in this role will have to be a strong collaborator and relationship builder as this role interacts with Group Insurance Finance and Actuarial leadership, Product leadership, Underwriting, Distribution, and enterprise functions.

The current employee work arrangement 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:

This position will report to the Vice President of Finance and Actuarial responsible for Supplemental Health.
  • This position will take a lead role in Prudential Group Insurance's strategy to grow Voluntary products, working closely with Distribution, Underwriting, Product, and Operations partners to drive profitable growth in Supplemental Health.
  • Function as the lead expert in the development and execution of pricing strategies, including extensive collaboration with other functions in the business to ensure a disciplined implementation of strategies, training in the use of pricing tools, etc.
  • Provide technical guidance in the development and/or enhancement of new products, including assumption development, understanding reserve and capital requirements, modeling, and pricing, etc.
  • Pricing and filing of manual rates, as well as developing experience rating methodology for products as experience is built over time.
  • Build out data analytics and actionable insights as the business grows over time
  • Opportunity to expand into other products within Prudential Group Insurance including Life, Disability and Medical Stop-Loss


What you'll need:
  • 7+ years of experience, including Voluntary Benefits and Supplemental Health product experience with product development, pricing, actuarial and financial projections.
  • Collaborative and inclusive team player.
  • Strong quantitative and analytics skills.
  • Excellent written and verbal communication skills to communicate pricing results, profitability metrics, risks to senior leaders and key stakeholders.
  • Data driven mindset with the ability to make decisions informed by reliable data and insights.
  • Strong external focus with the ability to navigate internal teams and processes to deliver on objectives and goals.
  • Professional actuarial designation FSA, FIA or equivalent a plus


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 such as 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.


To find out more about our Total Reward package, see our Total Rewards Brochure. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.

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 www.prudential.com 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 staffingagencies@prudential.com 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 accommodations.hw@prudential.com.

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 careers.technicalsupport@prudential.com to request assistance.

  • Director, Actuary

    3 months ago

    Newark, United States Prudential Financial, Inc. Full time

    Job Classification:Actuarial - ActuarialDirector, Actuary, The Prudential Insurance Company of America, Newark, NJ: Enhance actuarial processes to improve efficiency and productivity by following actuarial models' validation, maintenance and risk management requirements. Work with the team lead and non-actuarial partners to complete annual Bermuda filing...

  • Director, Actuary

    2 weeks ago

    Newark, United States Prudential Financial Full time

    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!Global Capabilities is responsible for the design,...

  • Director, Actuary

    6 days ago

    Newark, United States Prudential Financial Full time

    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!For more than 140 years, Prudential Financial Inc....

  • Director, Actuary

    1 month ago

    Newark, United States Prudential Financial Full time

    Job Classification:Actuarial - ActuarialDirectory, Actuary RoleEnterprise Capabilities TeamAt 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...

  • Director, Actuary

    4 months ago

    Newark, United States Prudential Financial, Inc. Full time

    Job Classification:Actuarial - ActuarialThe PolySystems Modeling team is responsible for the design, development, testing and delivery of PolySystems modeling capabilities supporting various inforce blocks of business, including Individual Life, Institutional Retirement and Long Term care, as well as International businesses reinsured to Bermuda. This...

  • Director, Actuary

    3 months ago

    Newark, United States Prudential Financial, Inc. Full time

    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!Global Capabilities is responsible for the design,...

  • Director, Actuary

    1 month ago

    Newark, United States Prudential Financial, Inc. Full time

    Job Classification:Actuarial - ActuarialDirectory, Actuary RoleEnterprise Capabilities TeamAt 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...

  • Director, Actuary

    2 weeks ago

    Newark, United States Prudential Financial Full time

    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!The current employee work arrangement for this...

  • Director, Actuary

    2 weeks ago

    Newark, United States Prudential Financial, Inc. Full time

    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!The current employee work arrangement for this position...

  • Director, Actuary

    3 months ago

    Newark, United States Prudential Financial, Inc. Full time

    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!The PolySystems Modeling team is responsible for the...

  • Director, Data Scientist

    7 days ago

    Newark, United States Prudential Financial Full time

    Job Classification:Technology - Data Analytics & ManagementAre you interested in building capabilities that enable the organization with innovation, speed, agility, scalability and efficiency? The Global Technology team takes great pride in our culture where digital transformation is built into our DNA! When you join our organization at Prudential, you’ll...

  • Director, Data Scientist

    1 month ago

    Newark, United States Prudential Financial Full time

    Job Classification:Technology - Data Analytics & Management Are you interested in building capabilities that enable the organization with innovation, speed, agility, scalability and efficiency? The Global Technology team takes great pride in our culture where digital transformation is built into our DNA! When you join our organization at Prudential, you’ll...

  • Director, Data Scientist

    6 days ago

    Newark, New Jersey, United States Prudential Financial Full time

    About the RoleWe are seeking a highly skilled and experienced Director, Data Scientist to join our team at Prudential Financial. As a key member of our organization, you will play a critical role in driving innovation and transformation across our financial and actuarial processes.Key ResponsibilitiesProvide technical leadership to a portfolio of high-impact...

  • Director, Tech Lead

    2 weeks ago

    Newark, United States Prudential Financial, Inc. Full time

    Job Classification:Technology - Engineering & CloudAre you interested in building capabilities that enable the organization with innovation, speed, agility, scalability, and efficiency? The Global Technology team takes great pride in our culture where digital transformation is built into our DNA! When you join our organization at Prudential, you'll unlock an...

  • Director, Release Train Engineer

    2 weeks ago

    Newark, United States Prudential Financial, Inc. Full time

    Job Classification:Technology - Agile, Delivery, & ProductAre you interested in building capabilities that enable the organization with innovation, speed, agility, scalability, and efficiency? The Global Technology team takes great pride in our culture where digital transformation is built into our DNA! When you join our organization at Prudential, you'll...

  • Global Head of External Reporting

    1 month ago

    Newark, United States Prudential Financial Full time

    Job Classification:Finance & Accounting - Finance & AccountingThe VP, External Reporting is a direct report of the Senior Vice President, Corporate Controller and is a member of his leadership team. This role has oversight for four units, and is comprised of a total of approximately 80 associates plus 35 offshore resources, with key responsibilities noted...