Jobs · Finance · New Jersey

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.

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