10 days old

Manager, Actuarial (Annuities Finance Reporting)

Newark, NJ
  • Job Code

Prudential Annuities is seeking a motivated individual to assist with risk management for our actuarial valuation processes and systems. This individual will also interact with our end-to-end actuarial modeling process, and will be a key contributor, enforcing strong practices for process risk management and control.

The successful candidate will be comfortable interacting with a variety of business partners, including systems, actuarial, risk management, and internal audit. This individual will help introduce efficiencies for our new control structure and valuation process, which was introduced during our recent transition to the GGY-AXIS modeling platform. The role will require a candidate to demonstrate strength in the areas of Technical Writing, Process Oversight, and Project Management.

Key Responsibilities

Identify efficiency opportunities within the new control structure and risk management procedures, for valuation processes associated with our new GGY-AXIS based models.

Help steer a coordinated initiative to enhance analytical exhibits to facilitate managements review, thereby improving the effectiveness of existing controls.

Oversee a direct report to ensure model-related processes and controls are successfully implemented and maintained, through effective model governance and change control practices.

Act as a point person for supporting control-related audit procedures.

Coordinate issue management and work with outside groups to resolve issues in a timely manner.

Oversee interaction with Model Governance and Model Steward organizations.

Create or review documentation and flow charts related to controls and process risk.

Bachelor or higher degree in one of the following: Mathematics, Statistics, Economics, Actuarial Science, Computer Science, Finance, Accounting, Business Administration.

Candidates background could include one or more of the following:

Risk Management of Financial Processes,

Auditing of Actuarial or Financial Processes,

Actuarial or Financial Valuation,

Model Development,

Systems Development,

Change Control Processes.

A suitable candidate will demonstrate confidence in the skillsets they bring. Our team is looking for someone who demonstrates:

Strong problem solving skills both quantitative and logical. Demonstrates creativity and flexibility in problem solving.

Comfortable reading and writing technical documents which describe models or processes.

Ability to identify risks in a financial process and propose practices which mitigate those risks.

Ability to explain technical concepts in plain language to non-technical stakeholders both verbally and in writing.

Excels in collaborating with others of different strengths and backgrounds, as part of a varied but cohesive team.

Experience in the following are a plus, but not required:

Comfortable explaining risk control activity to auditors and other control partners,

Familiarity with Sarbanes-Oxley processes,

Variable Annuities and VA guarantee riders,

Experience with MS Visio,

GGY-AXIS or other actuarial system.

Sponsored by:
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Sponsored by:
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Manager, Actuarial (Annuities Finance Reporting)

Newark, NJ

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Newark, NJ

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