Job Classification:

• Actuarial
• Actuarial

Are you an experienced actuary looking to expand your career? Prudential has an opportunity for an Associate Actuary. This position will be a member of the Individual Life Insurance (ILI) Pricing area within US Business Actuarial team and focus on Pricing model development, modeling capabilities and risk analytics. The associate actuary will work closely with other members of the Pricing team as well as other functions, including Chief Investment Office (CIO), Assumptions, Valuation, Projections and Modeling Capabilities. The role will be a key member in supporting the pricing, repricing and profitability reporting of ILI products.

The current employee work arrangement for this position is hybrid or fully virtual and may require your on-site presence on a reoccurring basis as determined by your business, dependent on the candidate's location. Your manager will provide additional details relative to the specific number of days you are expected to be on-site.

What you can expect:

• Build dedicated pricing model that caters to pricing specific attributes and promotes nimble and efficient interaction

• Build new pricing functionalities and advanced risk analytics

• Evaluate/Build the integration of advanced ALM and hedging modeling capabilities

• Continuously monitor regulatory environment, methodology and perform impact analysis

• Evaluation of future state pricing modeling platforms

• Reduce external processes, standardize modeling practices, and enhance End to End (E2E) process automation

• Comply with risk and control frameworks, especially around model management

• Ad-hoc requests

What you’ll need:

• 4+ years of related work experience

• Bachelor's degree required, preferably in Actuarial Science, Mathematics, Statistics, or other highly quantitative field

• 2+ years of model development experience in AXIS, Prophet, Poly Systems or other open-source actuarial platforms

• Proficient in software development languages, such as Python, VBA, C#

• Strong curiosity to learn and comfortable with new technology and AI tools

• Strong problem solving and creative thinking skills

• Ability to independently design practical and innovative solutions

• Ability to grasp complex concepts and comfortable working with ambiguity

• Ability to own/drive deliverables, manage time, and collaborate are required

• Excellent oral and written communication skills

It’d be a plus if you had:

• Actuarial exams progress

• Experience with life insurance

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 $114,500.00 to $188,900.00. 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.