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Associate Manager, Actuarial Financial Reporting

Prudential


Location:
Newark, NJ
Date:
04/28/2017
Job Code:
396458
Prudential
Apply on the Company Site
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Job Details

Position Title: Associate Manager, Actuarial Financial Reporting
Job Code: 396458
Job Location: New Jersey-Newark
Description:
The Individual Life Assumption Analysis Group has an opening for a highly motivated Associate Manager to contribute to the success of our team. The primary responsibility of our group is the development of financial and actuarial assumptions used for a variety of business purposes including the pricing of new products, financial reporting and forecasting, asset adequacy testing and meeting other regulatory and reporting requirements. The Group is also responsible for the establishment of interest related non-guaranteed elements such as interest crediting rates for interest sensitive life insurance products.  In addition, the group performs analyses to support special projects.
 
This position may be located in Newark, New Jersey or Hartford, Connecticut.
 
Primary responsibilities of this position may include:
  • Development of assumptions for new business expenses such as underwriting, medical testing and commissions
  • Development of assumptions related to inforce policies such as overhead and maintenance costs
  • Determination of expense allocation rules to product and legal entity for financial reporting purposes
  • Calculation and forecasting of interest crediting rates and loan interest rates
  • Development of policy count projections
  • Development of policyholder behavior assumptions
  • Significant collaboration with Finance and Actuarial


 


  • B.A. / B.S. required - preferably in mathematics, business, finance, or related field
  • Excellent analytical and problem solving skills
  • Strong oral and writing communication skills
  • Strong Microsoft Excel and Word skills
  • Strong attention to detail and organizational skills
  • Self-motivated and flexible
  • Demonstrated interpersonal and partnering skills
  • Knowledge of life insurance products is a plus
  • Knowledge of Smart View or MS Access is a plus

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, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status, or any other characteristic protected by law.

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.
Job Function: Actuarial
Schedule: Full-time
Apply on the Company Site

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