Actuarial Pricing Lead

4 weeks ago


Newark, New Jersey, United States PGIM Full time
Job Summary

Prudential is seeking an experienced Actuarial Pricing Lead to join our PGIM team. As a key member of our Pricing team, you will be responsible for ensuring the cross-functional teams are aligned towards the overarching goal of improving the value of new business and transforming the way Prudential prices insurance risks.

Key Responsibilities

• Collaborate with data science experts to develop machine learning-based risk assessment tools optimized for our product offerings and target markets.
• Work with assumption experts to develop targeted mortality assumptions for different use cases.
• Ensure that our products are priced appropriately and competitively in the market.
• Educate key stakeholders, manage risk/audit reviews, and navigate governance paths as part of the Empower Team.

Requirements

• Ability to own/drive deliverables, manage time, and collaborate effectively.
• Experience developing mortality/longevity assumptions, using traditional actual/expected methodology, GLM, or data science methods.
• Excellent oral and written communication skills.
• Fellowship in the Society of Actuaries or similar designation/experience.
• Experience with actuarial projection software (e.g., AXIS) preferred.

What We Offer

• 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%) and 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 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.

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