Job Description:

Job Description and Responsibilities:

The position will be an integral part of Enterprise Valuation-Statutory team within Enterprise Stat Valuation & Projections. The Enterprise Valuation-Stat team is responsible for the overall process management of enterprise year end statutory reporting and filings, and enterprise stress testing for accuracy, consistency, completeness, and appropriateness across business units. The associate will be responsible for preparing Appointed Actuary AAT/RBC memoranda, completing Opinions/Certifications/Reliance Statements/Rep Letters/state specific supplements, Signing off actuarial items in annual statements of blue book and green book, all statutory regulatory and Board filings, and first line of respondent for all regulatory requests. The team cultivates strong collaborative relationship with enterprise wide function teams.

The candidate responsibilities include:

• Perform quarterly processes - enterprise reconciliations of reserve table and reserve trending analysis, enterprise reconciliations of asset table, and Rightsizing


• Perform preparation and review of year-end processes, but not limited to Actuarial Opinions, Certifications, Rep Letters, Reliance Statements, and other state specific supplements


• Perform year end actuarial items reconciliation in annual statements and support the sign off


• Support statutory regulatory filings, and coordinate other regulatory requests


• Support the board filings of Illustration Actuary Report, Action Taken Memo, Non-guaranteed element filing and delegation.


• Support Actuarial Oversight activities


• Expect to participate ongoing process improvements, and drive future initiatives


• Support business units by providing guidance, reviewing/commenting on BU submissions 


• Partner effectively and formulate solutions to support BU valuation, ALM projections, and other stakeholders


• Support new regulatory requirements implementation

Job Requirements:

• 4+ years of actuarial experience


• Associate of the Societies of Actuaries (ASA) or Fellow of the Society of Actuaries (FSA) is preferred but not required.


• Experience with Statutory financial reporting is a plus.


• Highly level of self-motivation, adaptable to changes, quick learning, and process improvement mindset


• Experience with O365 to support all applicable technical solutions, such as SharePoint, Teams, Power BI


• Strong collaboration and influence skills to partner with stakeholders


• Experience with Excel, Macro, and VBA


• Attention to details when reviewing and preparing documents

*Note: Prudential is required by Colorado law to include the salary range for this role when hiring a Colorado resident.

Salary range specific to Colorado: ($98,000 to $139,200) + discretionary incentive bonus + 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 www.prudential.com 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 staffingagencies@prudential.com for more information about doing business with Prudential.

PEOPLE WITH DISABILITIES:
If you need an accommodation to complete the application process, which may include an assessment, please call (800) 433-8960, prompt 4 or email accommodation.h&w@prudential.com.

Please note that the above number and email are solely for individuals with disabilities requesting an accommodation.  If you are experiencing a technical issue with your application or an assessment, please email careers@prudential.com to request assistance.