Senior Actuarial Associate (Hybrid)

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profile Job Location:

Newark, DE - USA

profile Monthly Salary: $ 99700 - 148500
Posted on: 30+ days ago
Vacancies: 1 Vacancy

Job Summary

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!

As part of the Institutional Assumption and Analytics team within Prudential Retirement Strategies you will be responsible for developing assumptions for the annual assumption update maintaining periodic assumption monitoring dashboards supporting experience study submissions and enhancing tools/infrastructure. This role offers a unique opportunity to combine technical expertise with strategic communication to directly impact organizational objectives.

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:

  • Prepare and present assumption proposals to the Assumption Review Committee with a focus on mortality policyholder behavior and asset management related 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 ad-hoc projects and collaborate with internal and external teams to fulfill requests.

  • Enhance and maintain existing tools in Excel Power BI SQL and Python.

What youll need:

  • College Degree (BA / BS) required.

  • Minimum 2 years of actuarial or related work experience.

  • Progression towards ASA Designation with at least 2 actuarial exams passed.

  • Working knowledge of Python and/or SQL.

  • Excellent oral and written communication skills.

  • 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.

Itd be a plus if you had:

  • Degree in Actuarial Science mathematics finance computer science or other quantitative related fields is preferred.

  • Related work experience preferably in retirement and/or insurance.

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 $99700.00 to $148500.00. 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.

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.

If you need an accommodation to complete the application process please email .

If you are experiencing a technical issue with your application or an assessment please email to request assistance.


Required Experience:

Senior IC

Job Classification:Actuarial - ActuarialAt 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!As...
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