Actuarial Product Manager
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!
Are you an effective communicator able to collaborate with multiple business partners? Prudential's Retirement Strategies Individual Platform team is seeking a solutions driven product manager to join their team. The Retirement Strategies Individual Platform team collaborates cross-functionally with business partners across Prudential Retirement Strategies to deliver Annuity product solutions to market. The product manager will be responsible for the technical implementation of all new and existing Annuities products. They will work with Product, Calculation Management, Operations, Distribution, Control Functions and Partner Firms to drive annuity product development solutions that align with our business strategy, modernize our offerings in traditional markets, and support expansion into new markets. They will also represent within the agile journey and Product organization as a product and calculation expert. This individual will demonstrate the ability to collaborate effectively and train/lead associates in different business and technology functions.
The current EWA 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.
What you can expect:
Participating in, including PI/ sprint planning and refinement, contributing to team goals and progress.
Communicating technical calculations and complex methodologies via oral and written methods.
Demonstrating sound technical skills along with expertise in complex calculations and algorithms.
Demonstrating strong product and product calculation knowledge along with technological acumen to help drive understanding across associates.
Translating the business and technical requirements to technology and streamlining and improving existing processes and tools.
Drive all initiative execution through understanding and proactively identifying and addressing issues that arise.
Assist product owner with the development and training of other associates in coding of calculation methodologies.
Provide input on business scenarios and use cases and support QA processes for new products, new capabilities, and enhancements to existing products.
What you’ll need:
Bachelor’s degree or equivalent experience.
4-7 years’ product management experience; Annuities or retirement equivalent experience required.
Ability to optimally manage several dissimilar deliverables and prioritize.
Excellent technical financial services product knowledge with experience in developing and implementing plans/solutions.
It’d be a plus if you had:
Associate of the Society of Actuaries (ASA) preferred.
Experience with Actuarial Regulatory support for contract filings (Actuarial Memos, Actuarial Certifications, Nonforfeiture Demonstrations)
Agile or other iterative Product implementation methodology experience
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. People who have successfully developed their skills in this role have taken leadership responsibilities across the team and business.
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 including 1:1 Career advice, 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.
What we offer you:
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 to help you achieve your wellbeing goals, 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.
Tuition Assistance to help finance traditional college enrollment toward obtaining an approved degree, many accredited certificate programs, and industry designations.
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.
To find out more about our Total Reward package, visit [Register to View] Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.
Note: 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 $103,100.00 to $153,500.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement.
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 [Register to View] 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 [Register to View] .
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