Prudential Financial · 2 days ago
Associate Manager, Actuarial
Fort Washington, PA
Full-time
Hybrid
Mid Level
$89K/yr - $147K/yr
3+ years expPrudential Financial is seeking an Associate Manager, Actuarial to join their Annuity Calculation Management team. This role involves managing technical aspects of annuity product initiatives and ensuring the integrity of the product portfolio while collaborating with cross-functional teams.
Asset ManagementFinanceFinancial ExchangesFinancial ServicesHealth CareInsuranceRetirement
Responsibilities
Provide on-going actuarial knowledge and creative problem resolution within Product and to business partners across the organization
Partner with cross-functional actuarial representatives and annuities cross-functional business partners (including product and control functions) to ensure thorough understanding and peer review of calculation in support of all regulations and processes
Demonstrate product/rider and technical expertise across all Prudential Annuity products
Manage and drive understanding of in-force products through a centralized mailbox
Clearly communicate technical calculations and complex methodologies via oral and written methods
Create detailed calculation mechanics, assumptions, and methodologies for new product development, changes to existing products, and in-force product escalations
Create, enhance, or peer review actuarial tools, to be used for testing administrative or illustration system functionality or to support a manual calculation in the absence of full system functionality
Manage and provide subject matter expertise on complex algorithms
Manage and maintain the team’s tool inventory. Maintain controls on new and modified tools in accordance with established controls
Prepare user guides and training for users such as the Technology and Service teams
Prepare SOPs for ongoing maintenance of the tools
Sign off on test strategy for new product development, changes to existing products, or illustration and admin systems
Review test results and resolve any testing fallout for administrative and illustration updates
Support internal audits and other oversight activities to reinforce the usage of sound processes and a control consciousness
Validate in-force business with business-as-usual testing to maintain product integrity and compliance with established standards
Review and clearly communicate necessary updates for all contract forms and prospectus information, if applicable, to determine readability and consistency with product specifications
Consistent focus on streamlining and enhancing existing processes and tools. Develop and execute opportunities to replace manual administrative calculation tools with automated processes and/or expanded administrative system functionality
Oversee ongoing support of our immediate annuity products
Qualification
Required
Bachelor's Degree
3+ years of experience in financial services, product support, or product management, including Annuity Illustrations experience preferred
Strong technical skills in Microsoft Excel including VBA, Power Query and/or other programming
Familiarity with emerging AI technologies and their application in actuarial or financial services environments to improve efficiency
Strong communication skills with the ability to translate technical calculations into clear, understandable language for diverse audiences both verbally and in writing using tools such as PowerPoint, Excel, Outlook, and other collaboration platforms
Self-motivated, proactive, and able to think beyond functional responsibilities to align with broader business strategy
Highly organized with the ability to manage multiple, diverse projects and adapt to changing priorities while delivering creative solutions
Demonstrate a strong attention to detail, follow-through, and ability to work independently and as part of a team
Preferred
Previous actuarial experience
Progress towards ASA (for example, having passed 2-3 exams)
Proficiency in data management and database tools
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
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2026-01-19
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2025-12-18
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