The current employee work arrangement for this position is Hybrid and requires your on-site presence on a reoccurring basis as determined by your business. Your manager will provide additional details relative to the specific number of days you are expected to be on-site.

The Annuities Product Pricing team is excited to post a leadership role, Annuity Pricing Director. The Annuity Pricing team is responsible for executing crediting rate actions across the entire individual annuity suite of products employing product management levers to meet risk/return objectives. The team is also responsible for developing and implementing strategies to balance profit targets with sales goals while considering impacts to customer experiences.

The Annuity Pricing Director leads a team of 7 and reports to the Annuity Product Pricing VP. This is a visible role, with opportunities to interact with senior leaders across the annuities business and to influence decision-making.
 

What you can expect:

The Annuity Pricing Director will be responsible for:

• Collaborating with stakeholders to propose price levels that achieve stated pricing targets, using various management levers
• Securing necessary approvals for pricing updates
• Ensuring recommendations are accurate and adhere to regulatory frameworks
• Monitoring emerging profitability and reporting results to Finance and Business leaders
• Proactively evaluating, recommending, and implementing management action solutions (e.g., asset strategies, reinsurance, hedging) to meet business objectives
• Implementing, understanding, and communicating assumption & methodology changes
• Advising business partners on risks and tradeoffs associated with proposed business strategies

What you’ll need:
• 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
• Experience leading a team is preferred
• Actuarial designation (CERA, ASA, FSA) is required

Open to remote/virtual location outside of commutable Newark, NJ location.

At Prudential, you can:

Take charge of your career. We equip and empower our employees to expand their skills and experience by using powerful learning, gigs, and job opportunities. We offer a suite of services such as on demand resources and networking to propel your career forward.

We’re a global organization, full of outstandingly dedicated people who aren’t afraid to think differently, challenge the status quo and take sensible risks along the way. You will enjoy pushing boundaries as we build innovative technology that helps clients, customers and employees live their best lives. You will have access to leadership and learning opportunities and the resources needed to take your career in any direction. We will help you do your best work, offering flexibility, while delivering on our Purpose.