Job Classification:
Actuarial - ActuarialPrudential Financial, Inc. is seeking an Actuarial Associate for the Pricing and Rating Tools team supporting the Company’s Group Insurance business. The successful candidate will demonstrate strong technical and communication skills with an attention to detail and be able to collaborate successfully with other members of the actuarial staff, as well as with the Group Insurance Underwriting, Finance, Reporting and Corporate actuarial areas to achieve optimum results.
Duties and Responsibilities:
• Partnering with Underwriting and Pricing Actuaries to support existing rating tools while developing an understanding of pricing methodologies
• Perform regression and baseline testing of existing rating tools
• Support ad-hoc requests for data analysis and pricing sensitivity
• Provide QA testing of enterprise rating system (PRIME)
Qualifications
• Bachelor’s degree is required, preferably in Actuarial Science, Mathematics, Statistics, Information Technology, or other highly quantitative field
• Superior technical skills and ability to understand complex quantitative concepts and models
• Strong technical skills in Microsoft Excel including VBA, SQL and MS Access
• 1 or more years of actuarial experience preferred
• Proven strong attention to detail and follow‐through skills
• Strong communication skills to be able to explain complex concepts to non-actuarial business partners
• Strong team player, willing to perform in roles that assist as well as lead
This position is based in Newark, NJ/hybrid.
Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.
Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.
We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.
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.
The Prudential Insurance Company of America, Newark, NJ and its affiliates.
Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at staffingagencies@prudential.com for more information about doing business with Prudential.
PEOPLE WITH DISABILITIES:
If you need an accommodation to complete the application process, which may include an assessment, please email accommodations.hw@prudential.com.
Please note that the above email is solely for individuals with disabilities requesting an accommodation. If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.
Working at
Prudential
Prudential Financial, Inc. is a global financial services company headquartered in Newark, New Jersey. Founded in 1875, Prudential has a rich history of providing financial solutions to individuals, families, and businesses. The company offers a wide range of products and services including life insurance, annuities, retirement solutions, mutual funds, and investment management. Working at Prudential means being part of a diverse and inclusive team that is dedicated to helping people grow and protect their wealth. The company values its employees and provides them with opportunities for professional growth and career development. Prudential offers competitive compensation and benefits packages, including health and dental insurance, 401(k) matching, and paid time off. Prudential is committed to making a positive impact on society and the environment. The company has a strong corporate social responsibility program that focuses on community involvement, sustainability, and diversity and inclusion. Prudential also encourages its employees to volunteer and get involved in community service projects. If you are looking for a challenging and rewarding career in the financial services industry, Prudential is a great place to start. The company values teamwork, innovation, and integrity, and is always looking for motivated individuals who are passionate about helping others achieve their financial goals. Whether you are an experienced professional or just starting your career, Prudential provides a dynamic and supportive environment where you can grow and succeed. Overall, Prudential is a company that is dedicated to its customers and employees, and is committed to making a positive impact on the world.