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Prudential Financial, Inc

Director, Actuary (Individual Life~Valuation)

Prudential Financial, Inc - Newark, NJ

['Director, Actuary (Individual Life~Valuation)','VAL00052','!*!The Valuation Center of Excellence (COE) for the Individual Life business is seeking a Director, Actuary to support monthly, quarterly, and year-end GAAP financial reporting, including the amortization of DAC and related balances as well as growth in SOP 03-1 reserves.  We are looking for someone with strong leadership abilities who can help improve existing processes as well as influence and incorporate process changes, especially as we continue efforts to align downstream tools used by Legacy Hartford and Pru businesses.  The candidate needs to have strong analytical and communication skills in order to evaluate, understand, and communicate drivers of financial impacts to senior management.  The candidate will also have the opportunity to manage two actuarial associates. 

Responsibilities:

Ensure that all financial reporting deliverables are met in a timely fashion

Lead attribution analysis and preparation of monthly, quarterly, and year-end exhibits; explain financial drivers to management

Research any issues related to reported results or calculation procedures

Develop and/or improve documentation on processes

Maintain appropriate controls; address any control weaknesses; ensure compliance with standards set by Corporate Actuarial

Maintain and continue to improve procedures and tools, partnering with the Actuarial Modeling COE and other areas as appropriate

Influence the integration of Legacy Hartford and Prudential exhibits or processes

May have 1-2 direct reports','!*!

Associate or new Fellow of the Society of Actuaries designation (ASA or new FSA), with 4 years of actuarial experience

Strong quantitative and analytical skills

Ability to handle multiple assignments and meet deadlines

Excellent oral and written communication skills

Knowledge of individual life products preferred

Familiarity with GAAP reporting preferred

Ability to partner effectively with colleagues across multiple business groups and corporate areas

Highly motivated, conceptual thinker who is able to work independently or in a team and take a leadership role in a wide variety of assignments','!*!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, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status, or any other characteristic protected by law. 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.','Actuarial','United States-New Jersey-Newark','United States-Connecticut-Hartford','Full-time','','Director, Actuary (Individual Life~Valuation)

41 days 8 hours ago

Prudential Financial, Inc

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Location: Newark, NJ

Company Profile:
For more than 135 years, Prudential Financial, Inc., has helped individual and institutional customers grow and protect their wealth. Today, we are one of the world's largest financial services institutions with operations in the United States, Asia, Europe, and Latin America. We also have one of the most recognized and trusted brand symbols: The Rock ®, an icon of strength, stability, expertise, and innovation. We strive to create long-term value for our stakeholders through strong business fundamentals, consistent with our mission guided by our vision and directed by our company's core values. We are committed to keeping our promises and to doing business the right way.