Job Classification:

• Actuarial
• Actuarial

At 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!

As a Senior Actuarial Associate, your primary responsibility will be Asset Adequacy Testing (AAT) production for Individual Life Insurance within the Global Valuation – ALM Projections team within the broader Finance and Actuarial Organization. In this role, the associate will have the opportunity to develop a blend of technical and business knowledge. Primary location for position is in the Newark, NJ or Hartford, CT office, but may be open to remote as well for the right candidate.

What you'll do:

• Primary focus is STAT ALM production for Individual Life Insurance AAT, which includes baseline testing, sensitivities testing, stress testing and required capital calculation. Perform ALM modeling in GGY AXIS and input database staging in SQL Management studio. The associate will develop a strong understanding of ALM modeling as well as projection output analysis and identify drivers of results.
• Test and validate modeling changes, ensure reasonability of overall model results, and comply with model governance, controls, and documentation policies/procedures.
• Support preparing Appointed Actuary’s memoranda, result exhibits, regulatory reporting, and other supplements.
• Engage in projects to support business initiatives, new products, and modeling/methodology improvements.
• Provide actuarial analysis for ad hoc requests involving regulatory requirements.

What you'll need:

• Actuarial, ALM and/or investment experience preferably in an insurance company context.
• Strong technical skills with programming experience in SQL and Python.
• Strong project management skills with attention to details. Ability to prioritize, plan, and execute across multiple work efforts simultaneously to meet production related items for STAT reporting.
• Strong verbal & written communication skills, particularly in explaining technical challenges & writing documentation.
• Bachelor’s degree in Actuarial Science, Mathematics, Quantitative Finance or a related field.
• Actuarial exams are required.

It would be a plus if you had:

• Experience in AXIS or similar actuarial modeling platform.
• ASA or close to ASA.

What we offer you:

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 $96,200.00 to $158,800.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.-

Market competitive base salaries, with a yearly bonus potential at every level.

• Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave.

• 401(k) plan with company match (up to 4%).

• Company-funded pension plan.

• Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.

• Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.

• Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.

• Employee Stock Purchase Plan:Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.

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. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

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.

If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com.

If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.