Prudential Financial · 2 days ago
VP & Actuary, Corporate Development (Hybrid)
Newark, NJ
Full-time
Hybrid
Senior Level, Lead/Staff
$193K/yr - $289K/yr
10+ years expPrudential Financial, Inc. is a multinational financial services leader focused on helping individual and institutional customers grow and protect their wealth. The VP & Actuary in Corporate Development will manage M&A and reinsurance transactions, providing actuarial expertise and leading deal management processes.
Asset ManagementFinanceFinancial ExchangesFinancial ServicesHealth CareInsuranceRetirement
Responsibilities
Independently lead transaction and actuarial due diligence, including reserve adequacy, product and pricing evaluations, determination of appropriate assumptions, reinsurance programs, taxation, evaluation of existing models, actuarial appraisals, etc
Project management of actuarial workstreams, and coordination with broader deal teams
Influence and motivate various stakeholders to achieve Prudential’s goals while balancing relationships
Provide subject matter expertise on Embedded Value and Actuarial Appraisal reports to cross-functional deal teams and senior leadership
Ownership of the day-to-day actuarial deal modelling process, which is typically Excel based
Independent development of valuation methods that feed into actuarial valuations
Oversee work streams performed by external actuarial modelling consultants
Engage with internal business unit actuarial, finance, and tax teams to validate modelling and its impacts
Work collaboratively & independently with various teams across Prudential and outside of the company
Communicate key issues to fellow actuaries and other stakeholders
Lead internal communication materials
Lead the production of quality work under time pressure
Occasional travel domestically and internationally
Qualification
Required
Bachelor's Degree required
Fully qualified actuary with FSA or related designation with 10+ years of experience required
Candidates with M&A transaction-related experience, reinsurance and or new initiative modelling experience at a consulting firm, insurance company, or investment bank
Strong leadership skills and the ability to manage stakeholders with differing goals
Strong hands-on financial modeling skills with various modelling platforms. Excel skills are key
Strong quantitative, problem solving and analytical skills under time pressure
Deep practical knowledge in some combination of the following areas: US Statutory, US GAAP, Solvency II, IFRS & offshore accounting methods
Valuation methods for insurance companies across wide set of Individual Life & Retirement, Group, Accident and Health, and Pension products
Major global insurance markets and regulatory frameworks
Proven track record of being creative, innovative, and execution focused, turning ideas into measurable meaningful results
Strong written and verbal communication
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.
Company
Prudential Financial
Prudential Financial specializes in the fields of investment management, life insurance, and retirement benefits. It is a sub-organization of Prudential Financial.
10001+ employees
H1B Sponsorship
Prudential Financial has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2024 (1)
2023 (1)
Funding
Current Stage
Public CompanyTotal Funding
$1.25BKey Investors
AM Best
2025-03-13Post Ipo Debt· $750M
2024-02-14Post Ipo Debt· $500M
2001-12-13IPO
Leadership Team
Andrew Sullivan
Chief Executive Officer
Yanela Frias
Executive Vice President & Chief Financial Officer
Recent News
2026-01-03
MarketScreener
2025-12-18
Company data provided by crunchbase