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Director, Association Actuarial Pricing

Prudential Financial, Inc.Newark, United States4mo ago
HybridGroup LifeGroup DisabilityLong Term CareStop LossPricing & RatingProduct Development & Plan DesignExperience Studies

Role Summary

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HIGHLIGHTS

Director-level actuarial pricing role on Prudential's Group Insurance Association team in Newark, NJ. Lead pricing, product development, state filing and experience studies for association and non-employer group products (group life, GVUL, LTC, disability, stop-loss). Own the GGY AXIS model, provide technical guidance on assumptions, reserves and capital, and collaborate across sales, underwriting, product and finance.

JOB DESCRIPTION SUMMARY

  • Lead pricing and product development for association/non-employer group products
  • Own and maintain GGY AXIS model for Group Life Insurance
  • Prepare actuarial memoranda and support state filings for non-employer groups
  • Drive experience studies, assumption setting and pricing strategy
  • Hybrid/virtual work arrangement with on-site presence as required

DOMAIN EXPERTISE

  • group insurance pricing and product development
  • experience studies methodology and execution
  • state filing and actuarial memoranda preparation
  • pricing for associations and non-employer groups

KEY REQUIREMENTS

  • FSA, FIA, or equivalent professional actuarial designation required
  • 7+ years of experience including Group Insurance pricing and product work
  • Proven experience in product development, pricing and financial projections
  • Excellent written and verbal communication skills for senior stakeholders
  • Data-driven mindset with strong quantitative and analytical skills

TECH STACK

  • No tech stack specified