Job Classification:
Actuarial - Actuarial

Director, Actuary, The Prudential Insurance Company of America, Newark, NJ:

Enhance actuarial processes to improve efficiency and productivity by following actuarial models' validation, maintenance and risk management requirements. Work with the team lead and non-actuarial partners to complete annual Bermuda filing (EBS, BSCR) and support the approved actuary's opinion and audited financial statements. Provide technical expertise and guidance to the team responsible for the performance of Bermuda reporting function in accordance with BMA regulatory rules and Bermuda accounting frameworks, leveraging existing processes for Bermuda reporting. Refine existing models and build up tools for reserves and capital for annual statements, capital calculations and management reports. Review and validate the liability cash flows for EBS/ BSCR/US GAAP Fair Value. Manage and review creation of quarterly valuation results for GibRe. Manage generation of forecasting and stress testing results for GibRe. Manage preparation of documents and testing for model registration and model affirmations. Manage creation, documentation and registration of assumptions in collaboration with the Assumptions Team. Administer cash settlement review processes. Collaborate and engage with key stakeholders: Lotus Re actuarial team, BU actuarial teams, Finance and Controllers, Modelling, Treasury, Global Portfolio Management, Audit (internal and external), Risk Management, and Assumptions Team. Support future Bermuda reinsurance transaction related projects.

Telecommuting permitted up to 3 days a week.

Full time employment, Monday - Friday, 40 hours per week.

MINIMUM REQUIREMENTS:

Must have a Bachelor's degree in Actuarial Science, Engineering, or a related quantitative field, and 5 years of progressive, post-baccalaureate actuarial related work experience; OR a Master's degree in Actuarial Science, Engineering, or a related quantitative field and 3 years of actuarial related work experience.

Of the required experience, must have 3 years of experience in each of the following:

• International accounting frameworks and reinsurance, including IFRS and Solvency II;
• Valuation and financial reporting;
• Pricing;
• Risk Management, including ALM and Stress Testing.

Telecommuting permitted up to 3 days a week.

TO APPLY: Please click "Apply Now" Button. Should you have any difficulty in applying for this position through our website, please contact Ramona.wallace@prudential.com for assistance in the application process.

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.

We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status , medical condition or any other characteristic protected by law.

The Prudential Insurance Company of America, Newark, NJ and its affiliates.

Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at staffingagencies@prudential.com for more information about doing business with Prudential.

PEOPLE WITH DISABILITIES:
If you need an accommodation to complete the application process, which may include an assessment, please email accommodations.hw@prudential.com.

Please note that the above email is solely for individuals with disabilities requesting an accommodation. If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.