- West Caldwell, NJ
TITLE : Director, Actuary (The Prudential Insurance Company of America)
LOCATION: Roseland, NJ
DUTIES: Develop and enhance stochastic models written in MATLAB and Excel for stable value wrap transactions in 401(k), 403b, 529 markets and BOLI contracts utilizing Object-Oriented Programming. Oversee the maintenance and enhancement of the Rocky Full Service pricing platform, an automated pricing system built with VBA and SQL in Microsoft Access. Provide modeling expertise and validation support for the General Account Stable Value pricing platform and the Traditional GIC pricing models that are built with Excel VBA. Partner with Corporate Actuarial, Model Risk (MRMG) and other stakeholders to ensure appropriate model governance, controls, and documentation are in place.
REQTS : Must have a Bachelor's degree or foreign equivalent in Actuarial Science, Operations Research, or a related field. Must have five (5) years of progressively responsible experience in the position offered as a Director, Actuary, Associate Actuary, Senior Actuarial Associate, Actuarial Associate or a related position. Must hold at least (1) of the following professional designations: Fellow of the Society of Actuaries (FSA); Associate of the Society of Actuaries (ASA); or Chartered Financial Analyst (CFA). Must have five (5) years of progressively responsible experience with: Excel VBA; Asset Liability Management (ALM) for long term insurance liabilities; Fixed Income Asset Modeling; Fixed Income Investment Strategies; Asset Allocation Modeling; Derivative Projections and Valuation; Credit risk modeling; Modeling and projection of actuarial reserves; and Capital modeling for long term insurance liabilities. In the alternative, the employer will accept a Master's degree in the stated fields and three (3) years of experience. The employer will accept pre- and post-Master's degree experience. Any combination of education and experience is acceptable.
HOURS: Full-Time; Mon-Fri (37.5 hrs/week)
APPLY: Apply by clicking "Apply" below and following instructions to submit resume.
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