[ Job Classification:
Actuarial - Actuarial

This position will be a part of the Retirement Strategies New Initiatives Research and Development Pricing team which works collaboratively across a variety of functional areas to drive Annuity product innovation. This position requires a highly collaborative individual with strong quantitative skills and business acumen who can quickly pick-up concepts to work on a wide-range of projects in a dynamic and fast-paced environment.

Primary Responsibilities:

• Collaborate with business partners, providing value-added pricing and analytics to help drive innovative and sustainable product development that generate customer and enterprise value
• Assess the viability of new product initiatives with appropriate analytical rigor to support prioritization and early decision making ensuring that the business is focused on valuable opportunities
• Evaluate profitability and risk profiles of viable product ideas and communicate key information to stakeholders
• Make enhancements to pricing models as necessary throughout the product development process and test production model updates related to new product features as necessary
• Ensure successful implementation/launch of new products/product enhancements

Qualifications:

• 4+ years of experience with pricing and/or Annuities products
• Experience with Fixed and/or Indexed Annuities is beneficial
• Strong quantitative modeling, analytical, and problem-solving skills, including the ability to identify and create
• Able to build models to assess the viability of various product, reinsurance, or other initiatives with often limited direction and/or imperfect information.
• Solid development skills, experience with Matlab and GGY is preferred.
• Business acumen to translate quantitative analytics into insights that drive business results.
• Active listening skills to understand issues and effectively collaborate with business partners.
• Able to clearly explain complex topics to non-technical and executive audiences.
• Sound judgement to prioritize and where necessary find reasonable approximations to ensure time and resources are used most efficiently.
• ASA or close to ASA preferred.
• Open to remote/virtual location outside of commutable Newark, NJ location.

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 $111,400.00 to $165,800.00. 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. ]