Product Management Specialist

About Pru

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

Job Summary

Prudential’s Stable Value In-force Product Management team is looking for a Product Management Specialist with strong analytical and quantitative skills. Prudential is a top Stable Value provider serving the Defined Contribution Retirement, 529 College Savings, Bank Owned Life Insurance, and Health Savings Account markets. The in-force book of business totals over $70 billion across 400+ contracts.

Key Responsibilities

• Support the maintenance and management of the in-force business.
• 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.
• 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 various departments within and supporting Retirement Strategies.
• Identify, quantify, monitor, mitigate and report risks that impact the Stable Value business.

Requirements

• Four-year degree required; major in mathematics, actuarial science, finance, or economics 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 work independently in a deadline-oriented environment.
• Effective oral and written communication skills.
• Strong collaboration skills to work across Retirement Strategies and other Prudential divisions.
• Proficient in Microsoft Office; Excel, PowerPoint, and Word.
• Ability to learn and adopt new technology to streamline workload.

Benefits & Perks

Prudential welcomes all applicants, even if you don’t meet every requirement. If your skills align with the role, we encourage you to apply. At Prudential, you can take charge of your career.