Prudential
Vice President & Actuary, Retirement Product ~ Capital & ALM Initiatives (Information Technology)
Partner with business and pricing teams on Pension Risk Transfer (PRT) product structure innovation that balances client/market objectives and effective internal risk understanding and management. This broad scope includes product design and pricing for new markets and product variations as well as innovation with regards to Asset Liability Management (ALM) risks such as design and risk evaluation/mitigation for premium rollforwards, price lock features and surrender provisions.
• Drive analysis, recommendation and process execution to improve pricing competitiveness during PRT bidding process as well as inforce financial results through both ALM and capital strategies.
• Work with corporate Center of Excellence partners to drive analysis to understand, improve and communicate trade-offs between financial measures and ultimately improve results in the management of ALM strategies. Influence enterprise-wide frameworks for evaluating and communicating these trade-offs to ensure Retirement business concerns are addressed.
• Drive the analysis, communication and recommendation of changes to frameworks for measuring capital and risk exposures across Retirement products, including management of cross-product synergies and their strategic use in pricing.
• Engage and influence key partners and stakeholders in a matrix organization, including Finance, GPM, Treasury, ERM and Actuarial COE.
• Strong leadership of extended team of 10-12. Ability to coach direct reports to lead small project teams including resources from other groups.