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Senior Actuarial Associate – Actuarial Projections Capabilities Team

Prudential


Location:
Newark, NJ
Date:
02/16/2018
2018-02-162018-03-17
Job Code:
453998
Prudential
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Job Details

Position Title: Senior Actuarial Associate – Actuarial Projections Capabilities Team
Job Code: 453998
Job Location: New Jersey-Newark
Description:
Projections Capabilities Team is a newly created area as part of the Actuarial Projections Center of Excellence.  The Capabilities team is responsible for working with multiple business partners such as Modeling CoE and Finance to:
  • Drive the development of capabilities to support full financial projections (including balance sheets  and income statements) for the Actuarial domestic BUs
  • Enable the Projections CoE to utilize those projections to proactively develop insights and analysis to influence and drive business decisions, and,
  • Support the Deterministic Projections Capabilities (DPC) Program to ensure actuarial projection capabilities can support stress testing requirements.
The Senior Actuarial Associate – Projections COE Capabilities, is a position that will play a key role in the development of fixed product modeling capabilities in support of reporting, forecasting and decision making.
Responsibilities
  • Research and develop new business modeling capabilities available in GGY
  • Partner with Modeling COE to expand nested projection functionality in GGY
  • Collaborate with Modeling COE to convert LTC AAT models from MG-ALFA to GGY Axis
  • Perform User Acceptance Testing of GGY Axis fixed product related modeling solutions developed by the Modeling COE
  • Provide accurate and insightful model validation to facilitate forecasting and decision making
  • Ensure adherence to appropriate corporate governance, controls, and documentation policies/procedures.
  • Be an active participant of Prudential’s actuarial community

  • Bachelor’s degree is required
  • Minimum of 2 years of actuarial experience required
  • Experience in model development and validation is a plus
  • Experience with GGY AXIS is a plus
  • Superior technical skills (Excel, SQL, VBA)
  • Knowledge of long term care and retirement products is a plus
  • Strong oral and communication skills
  • Strong organizational and teamwork skills

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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