Actuarial Professional

1 day ago

Hartford, Connecticut, United States Prudential Financial Full time
About the Role

We are seeking a highly skilled Actuarial Professional to join our Individual Life Insurance (ILI) Pricing area within the US Business Actuarial team at Prudential Financial. As a key member of our team, you will be responsible for supporting the pricing, repricing, and profitability reporting of ILI products.

Key Responsibilities
  • Manage a centralized pricing model under a controlled environment
  • Develop and maintain dedicated pricing models that cater to pricing-specific attributes and promote efficient interaction
  • Reduce external processes, standardize modeling practices, and enhance End-to-End (E2E) process automation
  • Test new functionality or updates made to pricing models
  • Perform quarterly modeling and reporting of the profitability of new business
  • Conduct regulatory testing and prepare materials for state filings
  • Comply with risk and control frameworks, especially around model management
  • Support ad-hoc requests
Requirements
  • Enthusiastic, curious, and self-motivated individual
  • Ability to own/drive deliverables, manage time, and collaborate are required
  • Ability to independently design innovative solutions
  • Ability to grasp complex concepts and provide insightful analytics
  • Strong experience in AXIS, Python, or other programming languages preferred
  • ASA designation preferred
  • Experience with life insurance a plus
  • Excellent oral and written communication skills
About Prudential Financial

At Prudential Financial, we believe in empowering our employees to expand their skills and experience. We offer a suite of services, including on-demand resources and networking, to propel your career forward. Our global organization is full of dedicated people who aren't afraid to think differently and challenge the status quo. You will enjoy pushing boundaries as we build innovative technology that helps clients, customers, and employees live their best lives.

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%), 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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