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 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.

The Vice President & Actuary, Supplemental Health will primarily be responsible for leading the finance and actuarial team working with product, pricing and underwriting in developing 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 leading the development of pricing methods, support for product development, case level pricing and underwriting consultation, and engagement with Group and Corporate Finance on financial planning and analysis of emerging results.

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

What you can expect:

This position will report to the Vice President of Group Insurance Pricing & CFO for Disability, Supplemental Health and Medical Stop Loss.

This position will take the lead actuarial and finance 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 design and 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.Lead and provide technical guidance in the development and/or enhancement of new products, including assumption development, understanding reserve and capital requirements, modeling, and pricing, etc.Design and lead the development of data analytics and actionable insights as the business grows over time.Lead and develop a team of actuarial and finance professionals supporting the Supplemental Health business.Represent Supplemental Health and Group Insurance in enterprise and industry forums.Opportunity to collaborate and 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.Proven experience in team leadership, and leadership within a business environment.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 ASA, FSA, FIA or equivalent.

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 levelMedical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leaveRetirement plans:401(k) plan with company match (up to 4%)Company-funded pension planWellness Programs to help you achieve your wellbeing goals, including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needsWork/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 $195,100.00 to $263,900.00. 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.