Actuarial Associate | PGIM Ireland

This role is based in Letterkenny (Hybrid 2-3 days onsite)

Come join us in our state of the art office in Letterkenny as we are expanding. We are hiring an Actuary Associate focusing on Retirement Strategies Mortaltity & Underwriting to join our Actuary Team.

As part of the Retirement Strategies Mortaltity & Underwriting team within Prudential Retirement Strategies, the Actuarial Associate will be responsible for monitoring and developing mortality trends as part of the annual assumption process, maintaining monitoring dashboards, supporting Pension Risk Transfer and Longevity Risk Transfer Underwriting methodologies, and enhancing tools/infrastructure. This role offers a unique opportunity to combine technical expertise with strategic communication to directly impact organizational objectives.

What you can expect:

• Prepare and present assumption proposals to the Assumption Review Committee, with a focus on mortality and marital assumptions.
• Assess impacts of assumption proposals for pricing of new business and valuation of inforce products.
• Collaborate with Product Management, Pricing, Finance, Valuation, and ERM to manage assumption risk and deliver insights into related deliverables.
• Coordinate distribution of periodic assumption monitoring reports, including summarizing emerging experience and drivers of assumption performance for senior leadership.
• Support pricing specific mortality table development and reviews, partnering closely with pricing teams to understand their market and underwriting process.
• Enhance and maintain existing tools in Excel, Power BI, SQL, and Python.

• Minimum 2+ years of actuarial experience or equivalent experience in a similar quantitative financial field.
• Actuarial exams in progress
• Working knowledge of Python, SQL, and/or Power BI.
• Strong oral and written communication skills with the ability to explain technical concepts to a non-technical audience
• Creative problem-solver, particularly in areas with little clarity or precedence.
• Highly motivated and ability to thrive in a fast-paced, results-oriented environment with a high quality of standards.
• Fast learner and ability to work in a multi-functional team environment.

• Knowledge of institutional retirement products
• Knowledge of experience studies and/or mortality tables

• Health Insurance: PGIM Ireland partner with Laya and BUPA to provide health insurance schemes that cover eligible employees day to day medical and hospital expenses.
• Annual Leave of 23 days at full pay.
• Pension Scheme: Members of the scheme can contribute up to 8% of salary per annum and PGIM Ireland matches contributions up to 8% of salary. Members can also make voluntary contributions to the scheme.
• Annual Bonus Programme & Shop LK Vouchers / CleverCards (subject to eligibility): Along with an annual bonus employees are rewarded with Shop LK Vouchers/ CleverCards which are paid tax free.
• Life Assurance: fully paid by PGIM Ireland, employees are covered from their start date and beneficiaries are provided with a lump sum of four times an employee's salary.
• Education Assistance: PGIM Ireland have an Education Assistance Programme that reimburses eligible employees for furthering their education.