1+ months

Senior Actuarial Associate (Group Insurance Product Development) - GI 000HD

Prudential
Roseland, NJ 07068
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  • Job Code
    588180
  • Jobs Rated
    10th
Primary Location United States-New Jersey-Roseland
Job:Full-time
Travel:
Description
!*!

The Product Development team within Group Insurance Actuarial is seeking an Associate who will be responsible for developing pricing, assisting with product filing, and supporting underwriting within Group Insurance Voluntary Benefits. The successful candidate will demonstrate strong technical and communication skills, attention to detail, and will be responsible for collaborating with various business partners including Underwriting, Product, Assumptions, and Contract
 

Duties and Responsibilities:

 
  • Participate in the pricing development of newly issued Voluntary Group Insurance products such as Critical Illness, Accident and Hospital Indemnity

  • Provide support on projects related to market competitiveness and target market revenue and profitability projections

  • Develop rate adequacy analysis, risk adjustment analysis, trend studies, and population studies for the Voluntary business

  • Develop, maintain and review pricing models to the required standards

 

This position will report to the Director, Actuary of Voluntary Product Development, Group Insurance.  Preferred location in Roseland, NJ, with consideration for virtual locations.



Qualifications
@!*!

  • Bachelors Degree Required, preferably in a highly quantitative field such as Actuarial Science, Mathematics, Statistics, Economics or other

  • ASA or near-ASA preferred
  • 1 to 5 years of actuarial experience required

  • Strong communication skills to be able to explain complex concepts to non-actuarial business partners

  • Ability to multi-task
 

This position will report to the Director, Actuary of Voluntary Product Development, Group Insurance.  Preferred location in Roseland, NJ, with consideration for virtual locations.



@!*!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 companys 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. For more information please visit www.prudential.com.

Prudential is not accepting unsolicited resumes from search firms for this open position unless contracted with Staffing. Agencies must work with Staffing as the primary point of contact and follow the Prudential application process to be considered for business. All resumes submitted by search firms to any employee at Prudential via-email Internet or directly to hiring managers in any form without a valid written search agreement in place for that position will be deemed the sole property of Prudential and no fee will be paid in the event the candidate is hired by Prudential.
Note: Any search agreement entered into with Prudential before January 2004 is null and void. Search firms are essential to the recruitment and staffing efforts at Prudential and we value the partnerships we have built with our preferred vendors. Prudential has established and regularly maintains a preferred vendor list and even preferred vendors need to have a written search agreement signed by the Director Recruiting Programs Staffing at Prudential in place for the specific position in order for a fee to be paid for any candidate referrals.
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Posted: 2020-04-30 Expires: 2020-06-28
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Senior Actuarial Associate (Group Insurance Product Development) - GI 000HD

Prudential
Roseland, NJ 07068

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Actuary
10th2018 - Actuary
Overall Rating: 10/220
Median Salary: $100,610

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