Full-Time

Vice President of Actuarial Capabilities and Business Insight

Posted on 11/21/2024

Prudential Financial

Prudential Financial

10,001+ employees

Provides insurance, investment, and retirement solutions

Fintech
Financial Services

Compensation Overview

$195.1k - $263.9kAnnually

+ Bonus

Senior, Expert

Newark, NJ, USA

Hybrid work arrangement requiring on-site presence on a recurring basis.

Category
Financial Planning and Analysis (FP&A)
Insurance
Finance & Banking
Required Skills
Data Science
Data Analysis
Requirements
  • Bachelor’s or Master’s degree in Actuarial Science, Mathematics, Statistics, or a related field.
  • Relevant professional certifications such as FSA or ASA.
  • Strong analytical skills, attention to detail, and leadership abilities.
  • The ideal candidate will have a strong actuarial background, coupled with extensive experience in data management and modernization efforts.
Responsibilities
  • Oversee the development of accurate and reliable data sources, metrics and reporting.
  • Act as an advisor to the Group Insurance leadership, providing financial insights and recommendations for strategic decision-making.
  • Ensure we are fully utilizing and managing our data in an effective manner, maximizing our business performance.
  • Understand the impact of modern tools and techniques and lead development to bring efficiency and quality through technology.
  • Provide technical leadership on complex projects relating to our actuarial process while working in a cross-functional environment.
  • Work closely with our Data Science and Actuarial teams for the execution of advanced analytics strategy, fostering business relevant model development and management.
  • Stay up-to-date on industry trends and advancements in actuarial science.
  • Manage and lead a team of actuarial and other staff fostering a culture of continuous learning and development.

Prudential Financial provides a variety of financial services, including insurance, investment management, and retirement planning. Their products help individuals and institutions achieve financial security and growth. Prudential offers life insurance, annuities, mutual funds, pension services, and asset management. The company generates revenue through premiums, fees, and investment income. What sets Prudential apart from its competitors is its focus on building long-term relationships with clients and offering comprehensive financial planning to ensure they are prepared for the future.

Company Stage

IPO

Total Funding

N/A

Headquarters

Newark, United Kingdom

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • Prudential's leadership in the financial services industry is reinforced by its strategic investments and acquisitions, which can lead to enhanced growth opportunities.
  • The company's recognition as a top company for executive women highlights its commitment to diversity and inclusion, potentially attracting top talent.
  • Prudential's focus on outcome-based work and strategic workforce management can lead to increased productivity and employee satisfaction.

What critics are saying

  • The financial services industry is highly competitive, and Prudential must continuously innovate to maintain its market position.
  • Economic downturns or changes in regulatory environments could impact Prudential's revenue streams from premiums, fees, and investment income.

What makes Prudential Financial unique

  • Prudential Financial's global reach and comprehensive suite of financial services, including insurance, investment management, and retirement planning, set it apart from competitors who may focus on narrower market segments.
  • The company's focus on long-term relationships and comprehensive financial planning ensures a personalized approach that is often lacking in more transactional financial service providers.
  • Prudential's strategic investments, such as its stake in Qianhai Re and leadership in funding rounds like FIDx, demonstrate its commitment to innovation and market expansion.

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