Director, Fixed Annuity Pricing

Prudential Financial • Hartford, CT

20h • Hybrid

About The Position

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 Annuities Product Pricing team is excited to post a leadership role, Director of Fixed Annuity Pricing. 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. This role will lead those activities for our Fixed product suite. The Director of Fixed Annuity Pricing has 2 direct reports 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. 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.

Requirements

• Actuarial designation (CERA, ASA, FSA) is required.
• 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.

Nice To Haves

• Experience leading a team.

Responsibilities

• 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.

Benefits

• 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), after one year of service.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Education Level: No Education Listed