Investment Analyst, Quantitative Investment Strategy

Job Classification:
Investment Management - Investments

The Chief Investment Office (CIO) is responsible for portfolio construction and asset/liability management on behalf of Prudential's insurance businesses. The Quantitative Analysis team within CIO plays a critical role in supporting Asset-Liability Management (ALM) and Capital Markets Hedging activities. As a member of this team, you will work in a fast-paced environment, directly supporting Traders and Portfolio Managers with quantitative analysis and model implementation.

This position follows a hybrid work arrangement, requiring three days per week in the office.

What you can expect:

• Collaborate with senior team members to implement pricing, risk, P&L, and attribution methodologies.
• Develop and implement interest rate, equity, credit, foreign exchange, and inflation models for valuation of domestic and international products and ALM solutions.
• Support research and analysis related to hedging strategy implementation.
• Partner with CIO's technology team to build market data and trade databases, automate data feeds, and streamline processes.

• Demonstrated ability to independently lead quantitative strategy and analysis initiatives.
• Strong understanding of derivative pricing theory and practice.
• Proficiency in Python development within collaborative environments; experience with PyTorch or parallel computation frameworks is a plus.
• Familiarity with Matlab, C++, or C# is a plus but not required.
• Professional or academic experience in rates or equity derivatives modeling preferred.
• Bachelor's degree in financial engineering, mathematics, computer science, statistics, or other quantitative fields; advanced degrees or professional certifications are a plus.
• Knowledge of variable and fixed indexed annuities desirable; familiarity with asset classes such as fixed income, equities, credit, and foreign exchange is a plus.

• 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 Programsincluding 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.