Director, Actuary Group Disability at 001 Prudential Ins Co of America — Newark, NJ
Full job description
Job Classification:
Actuarial - Actuarial
At Prudential, we believe talent is key to achieving our vision. When you join Prudential, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading financial services institutions!
The Director, Actuary Group Disability role is a senior individual contributor position supporting the growth and profitability of Prudential’s group disability products. This role will have ownership for analyzing disability claim experience, developing insights that directly inform pricing decisions, and advancing analytical approaches to better understand emerging trends and drivers of results. This position requires strong actuarial judgment, collaborative technical work, data-driven storytelling, and analytical leadership to answer complex business problems.
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. Your manager will provide additional details relative to the specific number of days you are expected to be on-site.
What you can expect:
- Lead analysis of disability experience trends to identify key drivers, emerging patterns, and business implications, with a focus on recommended pricing decisions.
- Develop, maintain, and enhance pricing methodologies, models, and analytical tools used to evaluate disability experience, with a focus on process improvement and efficiency.
- Partner with cross-functional stakeholders to connect findings to business actions and strategic priorities.
- Provide thoughtful recommendations supported by sound actuarial analysis and clear rationale.
- Monitor results and explain drivers of financials through ongoing analysis and reporting, collaborating with other finance professionals.
- Serve as a technical resource and subject matter expert, supporting other areas like underwriting, product teams and operations.
What you’ll need:
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related quantitative field.
- 7+ years of actuarial experience.
- Associate or Fellow of the Society of Actuaries designation.
- Strong analytical, quantitative, and problem-solving skills.
- Experience analyzing disability insurance experience data and translating findings into actionable business insight.
- Experience working independently and managing multiple priorities.
- Strong communication skills, with the ability to explain complex actuarial concepts to technical and non-technical audiences.
It’d be a plus if you had:
- Experience with predictive analytics, statistical modeling, or other advanced analytical methods.
- Proficiency in tools such as Excel, SQL, R, Python, Power BI, or other relevant actuarial and analytical tools.
- Experience presenting findings and recommendations to senior leaders.
Prudential welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.
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.
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What we offer you:
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 $158,800.00 to $238,200.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.
- Market competitive base salaries, with a yearly bonus potential at every level.
- 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).