Job Classification:
Actuarial - Actuarial
At Prudential, we believe talent is key to achieving our vision. When you join Prudential, you'll unlock a motivating and impactful career - all while growing your skills and advancing your profession at one of the world's leading financial services institutions!
Prudential Retirement develops, markets, and services an array of fixed and variable retirement products designed to help investors accumulate wealth and generate guaranteed income that they cannot outlive. It is a leading provider of innovative retirement products.
The
Associate Actuary position on the Capital Management & Stress Testing team, within Retirement, will be a critical member of an agile team that supports the development, execution, and monitoring of various stress-testing analyses and deliverables designed to proactively manage risk in capital generation and deployment.
The current employee work arrangement for this position is hybrid and requires your on-site presence on a reoccurring basis as determined by your business. Your manager will provide additional details relative to the specific number of days you are expected to be on-site.
What you can expect:- Complete stress-testing deliverables and analyses focused on impacts to Prudential's solvency and liquidity positions.
- Perform replicating portfolio analysis of liability cash-flow profiles to inform asset management strategies.
- Proactively drive innovation and provide insights to enable business decision-making and deliver positive financial outcomes.
- Implement and maintain analytical tools or processes for understanding and explaining our business.
- Communicate key insights to Retirement and Corporate stakeholders.
What you'll need:- Actuarial exam progress (ASA preferred but not required) with a degree in mathematics, actuarial science, finance, computer science, or other related quantitative fields.
- Min. 4 years of actuarial experience.
- Experience with Statutory reserve and risk-based capital requirements.
- Experience with Python and Excel/VBA.
- Strong quantitative and analytical skills; understands the "why" behind the work.
- Good oral and written communication skills; can effectively highlight key insights in a clear concise manner; can explain technical issues in understandable terms.
- Strong ownership of deliverables and independently see them to completion.
- Ability to effectively prioritizes multiple initiatives.
It'd be a plus if you had:- Actuarial experience with insurance products, variable and fixed annuities experience preferred.
- Experience with actuarial projection systems, SQL, and Power BI a plus.
Prudential welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.
At Prudential, you can:Take charge of your career. We equip and empower our employees to expand their skills and experience by using powerful learning, gigs, and job opportunities. We offer a suite of services such as on demand resources and networking to propel your career forward.
We're a global organization, full of outstandingly dedicated people who aren't afraid to think differently, challenge the status quo and take sensible risks along the way. You will enjoy pushing boundaries as we build innovative technology that helps clients, customers and employees live their best lives. You will have access to leadership and learning opportunities and the resources needed to take your career in any direction. We will help you do your best work, offering flexibility, while delivering on our Purpose.
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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).
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.
To maintain the integrity and security of our hiring process, Prudential may use identity verification technologies. Your consent will be obtained before any verification takes place.
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.
