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Senior Actuarial Associate

Prudential


Location:
Newark, NJ
Date:
03/28/2017
Job Code:
396818
Prudential
Apply on the Company Site
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Job Details

Position Title: Senior Actuarial Associate
Job Code: 396818
Job Location: New Jersey-Newark
Description:
Prudential Financial, Inc. 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. For more information, please visit www.prudential.com.
Prudential Retirement delivers retirement plan solutions for public, private, and non-profit organizations. Services include state-of-the-art record keeping, administrative services, investment management, comprehensive employee investment education and communications, and trustee services. For more information, please visit http://www.prudential.com/retire/.

The Senior Actuarial Associate, Pricing & Product Development, is a position on the pricing team within our Pension Risk Transfer area that plays a key role in the overall pricing execution and infrastructure development of Prudential’s Funded PRT Business.
 
 
Primary responsibilities include:
  • Price complex Pension Risk Transfer deals involving the creation of cashflows and the interaction of reserves, liabilities and assets.
  • Analyze population and pension plan specific experience data to determine mortality and other demographic assumptions used in Funded transactions.
  • Assist actuarial pricing team members in generating assumptions and financial projections
  • Work with a broad group of actuarial and business partners in a fast-paced, customer and deal-focused environment.
 
 

•1 years of business / actuarial experience.

•Completion of some actuary exams desired; ASA a plus

•Deep knowledge of Microsoft Excel

•Knowledge of, or exposure to, VBA macros

•Familiarity with Life/Annuity pricing for an insurance company a plus

•Pension Consulting experience a plus

•Highly motivated, innovative, and creative problem solver and conceptual thinker

•Proven collaboration skills required

•Superior technical skills and ability to understand complex quantitative concepts and models.

 

Actuarial exam support provided.

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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