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Job Details

Manager Actuarial Process Controls and Governance Model Steward Organization

Company name
Prudential Financial, Inc

Location
, CT, United States

Employment Type
Full-Time

Industry
Actuarial, Manager

Posted on
Jan 07,2019

Valid Through
Apr 22,2019

Profile

Manager, Actuarial ( Process, Controls, and Governance ~ Model Steward Organization)','MOD00048','!*!Prudential Financial has helped individual and institutional customers grow and protect their wealth for 140 years. With operations in the United States, Asia, Europe and Latin America, we provide customers with a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, and investment management. As a part of the Actuarial Center of Excellence (COE), the Modeling COE is responsible for governance, development, and testing of the valuation and projections end-to-end models within the domestic lines of Prudential businesses. The Modeling COE partners with the model owners located within various functional areas of the Actuarial organization to deliver innovative and creative modeling solutions to meet critical business needs. The Model Steward team within the Modeling COE manages the model governance program across all domestic Actuarial models for all uses, including pricing, valuation, forecasting, and capital management. This role will report to one of the Directors on the Model Steward team. Duties and Responsibilities: The Manager or Associate Actuary will engage with model developers, users, and testers to ensure effective integration of model governance, process, and controls in to the model development life cycle (MDLC). The individual will ensure that roles and responsibilities are clear and that all required phases are covered in project planning work. The individual will work directly with subject-matter-experts and model owners on the process to develop, test, and use actuarial models. The specific responsibilities include: • Support the communication, training, and maintenance of actuarial model governance standards and MDLC processes and associated principles; including standards for business requirements, model specifications, and test strategies and plans. • Develop expertise on model governance and EUCS policies, process, and controls for actuarial models. Be able to explain the significance and importance of these policies to users. • Share best practices to adhere to model governance policies, establish and improve processes, and ensure modeling teams meet model testing and documentation standards. · Position location can be Hartford, CT, Newark, NJ, or Dresher, PA. ','!*!• Bachelor’s Degree

• Actuarial credentials useful but not required

• 2 years of relevant experience, including but not limited to actuarial model development, model governance, risk and controls, or process improvement • Strong communication and collaboration skills, with the ability to influence others and build strong relationships across a variety of functions and levels • Strong presentation skills and executive presence • Highly organized, collaborative, creative, and adept at handling multiple, changing priorities. Willing to constantly re-evaluate priorities to determine value-add Ability to think proactively and a persistent work ethic • Proven leadership skills, and ability to influence and change culture in the organization. • The ability to think strategically with an entrepreneurial mindset and work within a matrixed organization ','!*!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 company's 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. We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand. Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status, or any other characteristic protected by law. Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at staffingagencies@prudential.com for more information about doing business with Prudential.','Actuarial','United States-Connecticut-Hartford','United States-Pennsylvania-Dresher, United States-New Jersey-Newark','Full-time','','Manager, Actuarial ( Process, Controls, and Governance ~ Model Steward Organization)

Company info

Prudential Financial, Inc
Website : http://www.prudential.com

Company Profile
For more than 135 years, Prudential Financial, Inc., has helped individual and institutional customers grow and protect their wealth. Today, we are one of the world's largest financial services institutions with operations in the United States, Asia, Europe, and Latin America. We also have one of the most recognized and trusted brand symbols: The Rock ®, an icon of strength, stability, expertise, and innovation. We strive to create long-term value for our stakeholders through strong business fundamentals, consistent with our mission guided by our vision and directed by our company's core values. We are committed to keeping our promises and to doing business the right way.

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