Prudential Financial
Director, Actuary
Newark, NJ, USA · Director · Part-time
Sponsorship not specified$159k-$238kDetected 7 days ago
ValuationAuditingRecruitingLeadershipCommunicationCollaborationMicrosoft OfficeGAAPInternal AuditActuarial Science
About the role
- Prudential has, recently, formed a captive reinsurance company, Ironbound Re, to reinsure Pension Risk Transfer (PRT) deals.
- It is a role that requires collaboration with many internal functional teams, external auditors, and regulators.
- This is a critical and high visibility role for the PRT business which is a core element of Prudential's enterprise strategy.
Responsibilities
- Perform additional regulatory reporting/testing requirements
- Provide support to internal/external audit and oversight teams
- Collaborate with Valuation, Pricing, Finance, Treasury, IT, Portfolio Management, Product Management, and Government Affairs teams
- This role will support the Appointed Actuary, of the captive, in providing the Actuarial Opinion Memorandum (AOM), quarterly GAAP/Stat reporting, and overseeing the Pricing/Valuation assumptions and methodologies.
Requirements
- Experience with implementing any of the following regulatory changes: LDTI, VM-20, VM-21, and VM-22
- Experience with asset/liability models
- Some expertise in a programming language
- Experience working in a Valuation team
- If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.
Nice to have
- It'd be a plus if you had:
Compensation
- Provide support for quarterly/annual GAAP, Stat, and Economic liability reporting of PRT deals reinsured to Ironbound Re
Benefits
- 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.
- Company-funded pension plan.
- Wellness Programs 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.
- Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
- At Prudential, we believe talent is key to achieving our vision.
- To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers.
- Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.
Equal opportunity
- equal opportunity employer.
- If you need an accommodation to complete the
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This listing is sourced directly from Prudential Financial's careers page and normalized into a canonical job model.