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At Prudential we believe talent is key to achieving our vision. When you join Prudential youll unlock a motivating and impactful career all while growing your skills and advancing your profession at one of the worlds leading financial services institutions!

About Prudential Financial Inc

Prudential Financial Inc. 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. Prudentials 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 .

Corporate Development

Prudentials Corporate Mergers & Acquisitions Group is responsible for the acquisition and divestiture activities across all of Prudentials businesses including insurance and asset management in the United States and abroad. Since its inception in the late 1990s the group has closed more than 120 transactions with aggregate value in excess of $35 billion. The group is also responsible for sourcing acquisitions as well as various strategic analyses. The group reports directly to Prudentials Chief Financial Officer.

The Position

The position covers all M&A and inforce reinsurance block transactions across all of Prudentials domestic and international entities. The position will be devoted to the actuarial aspects of transactions including deal modelling due diligence and deal management. This is a highly visible role collaborating with team members working across multiple stakeholder groups. The position reports to the VP and Actuary Head of M&A Actuarial.

The current employee work arrangement for this position is hybrid and requires your on-site presence on a reoccurring basis as determined by your business. Your manager will provide additional details relative to the specific number of days you are expected to be on-site.

What you can expect:

• Deal Management

  • Independently lead transaction and actuarial due diligence including reserve adequacy product and pricing evaluations determination of appropriate assumptions reinsurance programs taxation evaluation of existing models actuarial appraisals etc.

  • Project management of actuarial workstreams and coordination with broader deal teams.

  • Influence and motivate various stakeholders to achieve Prudentials goals while balancing relationships.

• Modelling

  • Provide subject matter expertise on Embedded Value and Actuarial Appraisal reports to cross-functional deal teams and senior leadership.

  • Ownership of the day-to-day actuarial deal modelling process which is typically Excel based.

  • Independent development of valuation methods that feed into actuarial valuations.

  • Oversee work streams performed by external actuarial modelling consultants.

  • Engage with internal business unit actuarial finance and tax teams to validate modelling and its impacts.

• Communication

  • Work collaboratively & independently with various teams across Prudential and outside of the company.

  • Communicate key issues to fellow actuaries and other stakeholders.

  • Lead internal communication materials.

• Lead the production of quality work under time pressure.

• Occasional travel domestically and internationally.

What youll need:

• Bachelors Degree required.

• Fully qualified actuary with FSA or related designation with 10 years of experience required.

• Candidates with M&A transaction-related experience reinsurance and or new initiative modelling experience at a consulting firm insurance company or investment bank.

• Strong leadership skills and the ability to manage stakeholders with differing goals.

• Strong hands-on financial modeling skills with various modelling platforms. Excel skills are key.

• Strong quantitative problem solving and analytical skills under time pressure.

• Deep practical knowledge in some combination of the following areas:

  • US Statutory US GAAP Solvency II IFRS & offshore accounting methods

  • Valuation methods for insurance companies across wide set of Individual Life & Retirement Group Accident and Health and Pension products.

  • Major global insurance markets and regulatory frameworks.

• Proven track record of being creative innovative and execution focused turning ideas into measurable meaningful results.

• Strong written and verbal communication.

Prudential welcomes all applicants even if you dont meet every requirement. If your skills align with the role we encourage you to apply.

At Prudential you can:

Take charge of your career. We equip and empower our employees to expand their skills and experience by using powerful learning gigs and job opportunities. We offer a suite of services such as on demand resources and networking to propel your career forward.

Were a global organization full of outstandingly dedicated people who arent afraid to think differently challenge the status quo and take sensible risks along the way. You will enjoy pushing boundaries as we build innovative technology that helps clients customers and employees live their best lives. You will have access to leadership and learning opportunities and the resources needed to take your career in any direction. We will help you do your best work offering flexibility while delivering on our Purpose.

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What we offer you:

• 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 $1600 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.

Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program whereby an award if any depends on various factors including without limitation individual and organizational performance. To find out more about our Total Rewards package visit Work Life Balance Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.