Vice President & Actuary, Group Insurance Valuation & Capital
Prudential Financial · Newark, NJ · 2 wk ago
HybridFinance$193k–$289k/yrFull-time
About the role
The Vice President & Actuary, Group Insurance Valuation & Capital will lead the central actuarial valuation team and capital management functions for Prudential Group Insurance, ensuring reserves, capital adequacy, and financial results compliance.
Responsibilities
- Lead quarterly and annual valuation processes, including reserve analysis, earnings drivers, sensitivities, and clear communication of results to senior management.
- Provide actuarial leadership in regulatory interactions, audits, and internal controls, including support for examinations and governance committees.
- Translate complex actuarial conclusions into clear, decision-ready insights for executive leadership.
- Represent Group Insurance in enterprise and industry valuation and capital forums.
Requirements
- 10+ years of actuarial experience with significant exposure to Group Insurance valuation, including GAAP and Statutory reserving and capital considerations.
- Deep knowledge of valuation methodologies, assumption setting, experience analysis, and financial reporting (STAT, GAAP and regulatory solvency).
- Proven leadership experience managing and developing high-performing actuarial teams.
- Strong collaboration skills with Finance, Risk, and Corporate Actuarial stakeholders.
- Executive presence in delivering complex messages to senior audiences in a clear and simple manner that inspires confidence and promotes deliberate decision-making.
- Partnership and influencing skills, and the ability to face off with both internal and external subject matter experts.
- Strong analytical mindset with experience driving insights from complex data and models.
- Ability to exercise sound actuarial judgment within robust governance frameworks.
- Professional actuarial designation: ASA, FSA, FIA, or equivalent.
Qualifications
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 $192,900.00 to $289,300.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.
Skills
- Technical expertise in Group Insurance valuation and capital management.
- Strong analytical and problem-solving skills.
- Excellent communication and presentation skills.
- Experience with regulatory requirements and compliance.
- Leadership and team management skills.
Benefits
- 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), after one year of service.
Pay
$192,900.00 to $289,300.00
Schedule
Hybrid schedule with on-site presence 3 days per week. Fully remote candidates will also be considered.