drjobs Actuarial Associate (Group Insurance) (Hybrid)

Actuarial Associate (Group Insurance) (Hybrid)

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1 Vacancy
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Job Location drjobs

Newark - USA

Monthly Salary drjobs

$ 69200 - 103000

Vacancy

1 Vacancy

Job Description

Job Classification:

Actuarial - Actuarial

At Prudential we believe talent is key to achieving our vision. When you join Prudential youll unlock a motivating and impactful career all while growing your skills and advancing your profession at one of the worlds leading financial services institutions!

The Group Insurance Actuarial team is looking for a proactive and adaptable Actuarial Associate who is eager to learn and leverage their technical skills to make meaningful contributions to our disability product line. This position focuses on supporting the group disability product offering hands-on experience in pricing valuation assumption setting and financial forecasting. This role offers the exciting opportunity to work closely with other business areas including the finance claim operations underwriting and product teams enhancing your understanding and impact across business areas.

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:

  • Develop analysis to identify underlying business trends supporting sound decision making

  • Create innovative solutions that streamline routine business processes and improve efficiency

  • Collaborate within a small team of actuaries gaining experience in several actuarial functions

  • Leverage technical skills and judgment to set actuarial assumptions with the opportunity to communicate results to business leaders

  • Learn and implement best practices for model documentation testing and governance

What youll need:

  • Bachelors degree in actuarial science mathematics computer science or related field

  • Strong technical and analytical skills essential for developing accurate actuarial analyses

  • Self-motivated individual with desire to learn independently and from others

  • Ability to be flexible and manage several requests at once

  • Strong communication and collaboration skills that complement technical abilities

Itd be a plus if you had:

  • Strong understanding of Microsoft Excel Python SQL

  • Successful completion of at least 1 actuarial exam with desire to attain credentials

  • Relevant internship experience

What we offer:

  • Support for actuarial exam progression including paid time off to study and exam cost coverage.

Prudential welcomes all applicants even if you dont 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.

Were a global organization full of outstandingly dedicated people who arent 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.

#LI-RRJ

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 $69200.00 to $103000.00. 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 $1600 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.

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.


Required Experience:

IC

Employment Type

Full-Time

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