Prudential Group Insurance Names Eric Lin Chief Actuary
NEWARK, N.J. Eric Lin has been appointed chief actuary and chief risk selection and pricing officer for Prudential Group Insurance, a business of Prudential Financial, Inc (NYSE:PRU.) Lin will be responsible for optimizing risk selection and pricing, and improving the economic value and long-term profitability of new and in-force business. This includes accountability and oversight for Group Insurance pricing strategy, processes, and methodology as well as collaboration with other business units across the company to identify new opportunities for the benefit of the enterprise.
"It is a great pleasure to welcome Eric to our executive team," says Stephen Pelletier, President, Prudential Group Insurance. "Having worked with him in Annuities and observed his strong leadership skills, analytical strength, and impressive business results, I am delighted to have him lend his expertise and support for our group product portfolio.
Lin most recently was a vice president and actuary for Prudential Annuities where he led the valuation, forecasting, and economic capital team with oversight for all the financial-related actuarial items.
Before joining Prudential, Lin was vice president and actuary with Merrill Lynch Insurance Group. He began his career at CPS Actuaries.
Lin has a Bachelors degree in applied mathematics from National Chiao-Tung University in Taiwan, and a Masters degree in mathematics from the University of Connecticut. He is also a fellow of the Society of Actuaries, and a member of the American Academy of Actuaries.
Lin reports to Pelletier and is based in Roseland, NJ.
Prudential Group Insurance manufactures and distributes a full range of group life, long-term and short-term disability, and corporate and trust-owned life insurance in the U.S. to institutional clients primarily for use in connection with employee and membership benefits plans. The business also sells accidental death and dismemberment, and other ancillary coverages and provides plan administrative services in connection with its insurance coverages.
Prudential Financial, Inc. (NYSE: PRU), a financial services leader, has operations in the United States, Asia, Europe, and Latin America. Prudential's diverse and talented employees are committed to helping individual and institutional customers grow and protect their wealth through a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management. In the U.S., Prudential's iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit http://www.news.prudential.com/.
Prudential, the Prudential logo and the Rock symbol are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide. Group coverages issued by The Prudential Insurance Company of America, 751 Broad Street, Newark, NJ 07102.