1+ months

Director, Actuary (Long Term Care Projection Director) - GRO000CJ

Roseland, NJ 07068
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Primary Location United States-New Jersey-Roseland
!*!TITLE: Director, Actuary (Long Term Care Projection Director) (The Prudential Insurance Company of America)

LOCATION: Roseland, NJ

DUTIES: Responsible for performing and overseeing quarterly and other periodic financial reporting, including Loss Recognition testing (LRT), Premium Deficiency Reserve (PDR) testing, underwriting and capital forecast, Asset Adequacy Testing (AAT) liability projections, and other reporting and adhoc requests related to Long Term Care (LTC) projections. Validate and maintain actuarial models, including the updates for new assumptions and regulatory requirements, regression testing, and coordination with vendors for projection software upgrade. Provides support for Project Springboard actuarial model system conversion to a first principles model. Perform and oversee routine documentation updates and User Acceptance Testing (UAT). Support the routine experience studies and assumption updates. Support external requests, including valuation, pricing, auditing, and finance. Must possess strong communication skills and the ability to explain complex technical matters to a variety of business partners. The Prudential Insurance Company of America is EOE.

@!*!REQTS: Bachelors degree or foreign equivalent in Actuarial Science or a related field plus five (5) years of progressively responsible experience in the position offered or as a Director, Actuary, Associate Actuary, Assistant Actuary, Senior Actuarial Analyst, or a related position. Must have five (5) years of progressively responsible experience with all of the following: modeling actuarial liabilities; Excel and VBA or other programming language; Long Term Care (LTC), life insurance, annuities or Long-Term Disability (LTD) products; model management including operating with actuarial calculation models, reviewing model process and model outputs, and maintaining related documentation; and actuarial software systems such as Polysystems. In addition, must have at least three (3) years of experience with all of the following: database software such as Access or SQL; actuarial valuation including GAAP and Statutory frameworks; liability assumptions setting, updating, analyzing or reviewing; analyzing or reporting financial results; and working with internal and external auditors. Must have Fellow of the Society of Actuaries designation.

HOURS: Full time; Mon- Fri (37.5 hrs/week)

APPLY: Apply by clicking Apply below and following instructions to submit resume.

@!*!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 companys 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. For more information please visit www.prudential.com.

Prudential is not accepting unsolicited resumes from search firms for this open position unless contracted with Staffing. Agencies must work with Staffing as the primary point of contact and follow the Prudential application process to be considered for business. All resumes submitted by search firms to any employee at Prudential via-email Internet or directly to hiring managers in any form without a valid written search agreement in place for that position will be deemed the sole property of Prudential and no fee will be paid in the event the candidate is hired by Prudential.
Note: Any search agreement entered into with Prudential before January 2004 is null and void. Search firms are essential to the recruitment and staffing efforts at Prudential and we value the partnerships we have built with our preferred vendors. Prudential has established and regularly maintains a preferred vendor list and even preferred vendors need to have a written search agreement signed by the Director Recruiting Programs Staffing at Prudential in place for the specific position in order for a fee to be paid for any candidate referrals.
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Posted: 2020-03-12 Expires: 2020-06-09

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Director, Actuary (Long Term Care Projection Director) - GRO000CJ

Roseland, NJ 07068

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10th2018 - Actuary
Overall Rating: 10/220
Median Salary: $100,610

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