Director, Actuary (Medical Stop Loss Pricing)

Director, Actuary (Medical Stop Loss Pricing) The Director, Actuary (Medical Stop Loss Pricing) will lead pricing and actuarial initiatives for Prudential Group Insurance's Medical Stop Loss products, supporting growth and profitability of this rapidly expanding market segment. The role collaborates closely with product, underwriting, claims, and distribution teams to develop and implement manual rates, network discount assumptions, pricing strategies, risk management practices, and drive innovation in Medical Stop Loss offerings. The position reports to the Vice President of Finance and Actuarial responsible for our growth products: Supplemental Health and Medical Stop Loss. Working arrangement Hybrid or virtual, with recurring on‑site presence as determined by business needs. What you can expect: Serve as a key stakeholder in strategy to grow Medical Stop Loss products. Develop and execute pricing strategies, including training for pricing tools. Provide technical guidance for new products, assumptions, reserves, capital, modeling, and pricing. Lead pricing and filing of manual rates, and develop experience rating methodologies. Analyze claims data, market trends, and regulatory changes to inform decisions. Collaborate with external partners and vendors to enhance underwriting and claims capabilities; evaluate opportunities for automation. Opportunity to expand into other Group Insurance products. What you'll need: 7+ years of actuarial experience; direct experience with Medical Stop Loss or health insurance product development. Deep understanding of Medical Stop Loss market dynamics and employer self‑funding strategies. Strong quantitative and analytical skills; expertise in healthcare data analysis, actuarial modeling, and risk assessment. Excellent written and verbal communication skills to convey pricing results to senior leaders. Data‑driven mindset with reliable data insights. Collaborative and inclusive team player able to build relationships across teams. Professional actuarial designation (FSA, ASA, MAAA, or equivalent) required. Experience with regulatory filings, compliance, and market monitoring for Medical Stop Loss. Familiarity with actuarial software such as Excel, Access, SAS, SQL and advanced modeling techniques. Salary range $158,800.00 to $238,200.00 annually. Benefits Market competitive base salaries and yearly bonus potential. Medical, dental, vision, life insurance, disability insurance, PTO, and leave of absence. 401(k) plan with company match up to 4%. Company‑funded pension plan. Wellness Programs, up to $1,600 per year for wellbeing items. Work/Life Resources supporting parenting, housing, senior care, finances, mental health, and career development. Education Benefit to help finance college and certificate programs. Employee Stock Purchase Plan with shares at 85% of lower of purchase period prices after one year. Equal Opportunity 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, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition, or any other characteristic protected by law. #J-18808-Ljbffr Prudential Financial, Inc.