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!
Prudential has, recently, formed a captive reinsurance company, Ironbound Re, to reinsure Pension Risk Transfer (PRT) deals. 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. 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. Success within this role would provide opportunities for leadership roles in Finance and Actuarial functions.
The current EWA for this position is Hybrid and requires your on-site presence 3 days per week.
What you can expect:
Provide support for quarterly/annual GAAP, Stat, and Economic liability reporting of PRT deals reinsured to Ironbound Re
At least two years of GAAP or Stat reporting experience
Strong communication (both written and verbal) skills
At least five years of experience with Annuities, Pensions, or Life Insurance products
Expert user of the Microsoft Office suite
It’d be a plus if you had:
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
LI-Hybrid
What we offer you:
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 $158,800.00 to $238,200.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.
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.
401(k) plan with company match (up to 4%).
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.
Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period).
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. 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.
Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.
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.
If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com.
If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.
Similar roles you might like
More openings like this one — take a look before you go.
