About the role

Product Management Specialist supporting the maintenance and management of in-force business at Prudential. Involves crediting rates, portfolio data management, and risk assessment.

Responsibilities

Calculate crediting rates that Prudential guarantees on all in-force contracts.
Review requested transaction activity by Stable Value managers and assess what contractual terms apply.
Assess and specify the conditions under which Prudential is willing to accept risk on Stable Value business, for both prospective and in-force accounts.
Organize and manage data including security-level investment data and underwriting data.
Understand and actively monitor the fixed income and stable value markets.
Communicate and partner with the Distribution, Actuarial, Client Services, Contracts, Law, and Risk areas within and supporting Retirement Strategies.
Identify, quantify, monitor, mitigate and report risks that impact the Stable Value business.

Four-year degree required.
Major in mathematics, actuarial science, finance, or economics is preferred.
Strong analytical and quantitative skills.
Financial services experience preferred.
Experience with, or a strong interest in learning about, the stable value marketplace, fixed income investments, and risk management.
Ability to prioritize tasks and to work independently in a deadline-oriented environment.
Effective oral and written communication skills and ability to successfully engage across all levels of the organization.
Strong collaboration skills to work across Retirement Strategies and other Prudential divisions.
Excellent decision-making skills and driven to achieve results.
Proficient in Microsoft Office; Excel, PowerPoint and Word.
Ability to learn and adopt new technology to streamline workload.

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 $1,600 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.