Associate Actuary (Retirement Valuation)

Prudential Retirement is an industry leader in Stable Value, Pension Risk Transfer, Structured Settlements, and Full Service businesses. This is a position on the Retirement Valuation team in support of consolidated reporting and participating liability valuation, with the following primary responsibilities.

  • Analyze and prepare monthly reserve traces and other reporting requirements for Retirement participating products on GAAP and Statutory reporting bases
  • Perform research and analysis to explain changes in reserves, sources of earnings and drivers of results
  • Develop and enhance analytics for better communication of results to management and stakeholders
  • Perform consolidated reporting on GAAP, STAT and TAX balances covering all Retirement products to meet enterprise and regulatory reporting requirements
  • Support enterprise financial planning by completing quarterly reserve forecasts
  • Build tools to enhance/streamline existing processes and exhibits with a focus on controls and consistency
  • Collaborate with members across valuation, modeling, pricing and corporate teams to develop and enhance existing processes and analytics
  • Maintain adherence with appropriate corporate governance, controls, and documentation policies/procedures.
  • Be an active participant in Prudential's actuarial community
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.

  • Bachelor's degree required, preferably in Actuarial Science, Mathematics, Statistics, or other highly quantitative field.
  • ASA or near-ASA is preferred.
  • 3 years of business/actuarial experience. Knowledge of Retirement products and asset/liability management is preferred.
  • Ability to effectively prioritize multiple assignments under challenging time frames.
  • Highly motivated, innovative, and creative problem solver and conceptual thinker who can work independently and in a team.
  • Superior technical skills and ability to understand complex quantitative concepts and models
  • Advanced skills in Excel including VBA preferred.
  • Strong computer skills, including knowledge of Microsoft Word, Access, and PowerPoint.

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