Prudential Ins Co of America
Senior Actuarial Associate (Information Technology)
Job Classification:
Actuarial - ActuarialAt 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!
The US Funded PRT Pricing team operates in a fast-paced, highly collaborative, customer and deal focused environment. This position plays a primary role in the execution of transaction pricing and infrastructure development for Prudential's rapidly growing US Pension Risk Transfer business.
The current EWA for this position is Hybrid and requires your on-site presence on a reoccurring basis as determined by your business. Your manager will provide additional details relative to the specific number of days you are expected to be on-site.
What you can expect:
• Price complex Pension Risk Transfer transactions. This work would involve the creation of liability cashflows and reserves, ALM modeling, and financial statement analysis
• Analyze population and contract specific data to determine mortality and other demographic assumptions used in Funded transactions
• Execute modeling and generate analysis of financial projections to drive pricing recommendations
• Contribute to improving existing processes by leveraging best practices and various platforms including Excel, Python & SQL
• Work with a broad group of actuarial and business partners in a fast-paced, customer and deal-focused environment
What you'll need:
• Bachelor's degree required, preferably in Actuarial Science, Mathematics, Statistics, Computer Science, or other STEM field
• Minimum of 2 years of actuarial experience with a minimum of 3 actuarial exams passed, LTAM is preferred
• Strong technical skills to understand complex quantitative concepts and financial projection model
• Deep knowledge of Microsoft Excel and other Office-suite software
• Strong working knowledge of at least one programming language such as Python, C#, SQL, VBA preferred
• Understanding of Life/Annuity products, capital markets, and pension plans
• Highly motivated, innovative problem solver and conceptual thinker that excels in collaborative work environments
• Good verbal & written communication skills, particularly in explaining technical results to non-technical audiences
• Actuarial exam support provided.
Take charge of your career. We equip and empower our employees to expand their skills and experience by using powerful learning, gigs, and job opportunities. We offer a suite of services including 1:1 Career advice, on demand resources and networking to propel your career forward.
We're a global organization, full of outstandingly dedicated people who aren't afraid to think differently, challenge the status quo and take sensible risks along the way. You will enjoy pushing boundaries as we build innovative technology that helps clients, customers and employees live their best lives. You will have access to leadership and learning opportunities and the resources needed to take your career in any direction. We will help you do your best work, offering flexibility, while delivering on our Purpose.
To find out more about our Total Reward package, see our Total Rewards Brochure. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.
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 $97,300.00 to $144,900.00. 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.