Job Classification:

The Manager of Product Risk and Control will report to the Director of Product Risk and Control and is responsible for assisting in the management of product administration of the inforce block of annuity product and benefits by proactively and reactively researching and conducting self-audits to ensure integrity of ongoing administration.
This will include maintaining the integrity of administration, processes and product rules, and alignment with original design, pricing, and regulatory filings for 300+ fixed and variable annuity product & benefit combinations,

Responsibilities:

• Ensure administrative systems and processes are consistent with product & benefit rules and profitability guidelines; communicate findings and recommended action items to leadership and control group partners.




• Conduct robust self-audits of the product administration, maintain relevant documentation, prepare and present approach/findings, and develop plans for resolving any identified issues




• Assess contracts, prospectuses and system administration processes for accuracy. Create detailed requirements for discrepancies. Trace requirements and prioritize for implementation.




• Partner with Service on the development of corrective action strategy and remediation implementation




• Partner with technology partners to determine root cause of system defects and appropriate strategies for resolving them




• Support ad hoc assessments, project support and operational efforts requiring product subject matter expertise as either a project team member, individual contributor or team lead




• Provide and review product language to describe accurate description of product design, operations and features in the annual updates to prospectuses and ongoing marketing material creation




• Support Escalations Process in validating functionality/capabilities of our administrative systems

Qualifications:

• 3-4 years’ relevant experience required; Annuities or Variable Life Insurance experience required.




• Bachelor’s degree or equivalent experience




• Strong communication and presentation skills




• Exceptional collaboration skills and ability to partner with a wide variety of other functions and levels, including Sales, Service, IT, Control and Actuarial functions.




• Strength of convictions and ability to influence decisions and champion product administrative or operational changes




• Solution oriented with strong problem solving skills with a demonstrated ability to leverage resource materials to support decisions




• Must have solid organizational skills with the ability to develop and execute plans




• Ability to effectively manage several dissimilar deliverables and prioritize.




• Ability to work independently, as part of a team or lead a team




• Excellent technical financial services product knowledge




• Ability to collaborate effectively with multiple levels within the internal organization

#LI-RRJ

Note: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $108,000.00 to $160,700.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. 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. In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement.

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

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, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status , medical condition or any other characteristic protected by law. 

The Prudential Insurance Company of America, Newark, NJ and its affiliates.

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.

PEOPLE WITH DISABILITIES:
If you need an accommodation to complete the application process, which may include an assessment, please email accommodations.hw@prudential.com.

Please note that the above email is solely for individuals with disabilities requesting an accommodation.  If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.