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Position: Director, Actuary (Annuity Calculation Management)
Institution: Prudential Financial, Inc.
Location: Newark, New Jersey, United States
Duties: Drive regulatory change with our legal, compliance, and government affairs areas to accommodate new product designs which may not have existing or adopted regulatory guidelines; Provide on-going actuarial and regulatory knowledge and creative problem resolution within Product and to business partners across the organization for new and proposed regulations and product designs; Represent Prudential Retirement Strategies in industry calls (ACLI, LICONY, CAI, and IRI), and lead coordination of responses to new and proposed regulations. Support ACLI Product committee member for Prudential; Act as subject matter expert for required actuarial regulatory documents including memorandum, certifications and exhibits as required by state and other regulatory bodies for new product development and in-force product management as part of Annuity Calculation Management
Requirements: Bachelor’s Degree; FSA preferred; Excellent verbal and written communication/presentation skills; 2+ years of experience in assessment of new regulations, working with industry groups; 3+ years of experience with Actuarial Regulatory support for contract filings (actuarial memos, nonforfeiture demonstrations); 5+ years of experience in financial services product support or product management
   
Text: Director, Actuary (Annuity Calculation Management) Drive regulatory change with our legal, compliance, and government affairs areas to accommodate new product designs which may not have existing or adopted regulatory guidelines; Provide on-going actuarial and regulatory knowledge and creative problem resolution within Product and to business partners across the organization for new and proposed regulations and product designs; Represent Prudential Retirement Strategies in industry calls (ACLI, LICONY, CAI, and IRI), and lead coordination of responses to new and proposed regulations. Support ACLI Product committee member for Prudential; Act as subject matter expert for required actuarial regulatory documents including memorandum, certifications and exhibits as required by state and other regulatory bodies for new product development and in-force product management as part of Annuity Calculation Management Bachelor’s Degree; FSA preferred; Excellent verbal and written communication/presentation skills; 2+ years of experience in assessment of new regulations, working with industry groups; 3+ years of experience with Actuarial Regulatory support for contract filings (actuarial memos, nonforfeiture demonstrations); 5+ years of experience in financial services product support or product management
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