Director, Fixed Annuity Pricing
About the role
The Annuities Product Pricing team is excited to post a leadership role, Director of Fixed Annuity Pricing. The role will lead pricing activities for our Fixed product suite, collaborating with stakeholders to propose price levels, ensuring accuracy, and monitoring profitability.
Responsibilities
Collaborate with stakeholders to propose price levels that achieve stated pricing targets, using various management levers.
Secure necessary approvals for pricing updates.
Ensure recommendations are accurate and adhere to regulatory frameworks.
Monitor emerging profitability and report results to Finance and Business leaders.
Proactively evaluate, recommend, and implement management action solutions (e.g., asset strategies, reinsurance, hedging) to meet business objectives.
Implement, understand, and communicate assumption & methodology changes.
Advises business partners on risks and tradeoffs associated with proposed business strategies.
Requirements
Actuarial designation (CERA, ASA, FSA) is required.
High-energy individual who brings positivity and optimism to their work.
Strong project management skills with proven ability to prioritize and lead execution of multiple tasks coupled with a high degree of curiosity on current processes and systems.
Continuous Improvement mindset with desire to inspire and lead team through change.
Passion for challenging status quo delivering creative yet practical solutions to complex problems.
Ability to partner with and influence peers and leaders across business and corporate functions.
Excellent oral and written communication skills, especially the ability to communicate complex technical subject matter to various audiences.
Qualifications
If you had experience leading a team, it would be a plus.
Skills
Strong analytical and problem-solving skills.
Excellent communication and interpersonal skills.
Experience with actuarial software and pricing models.
Knowledge of financial regulations and compliance requirements.
Benefits
Prudential offers a comprehensive benefits package including medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave. Additionally, there is a 401(k) plan with company match (up to 4%), a company-funded pension plan, wellness programs, an Employee Stock Purchase Plan, and educational benefits.
Pay
$158,800.00 to $238,200.00 annually.
Schedule
The current employee work arrangement for this position is hybrid or virtual and may require your on-site presence on a reoccurring basis as determined by your business, dependent on the candidate's location.