[ Job Classification:
Actuarial - Actuarial

Prudential Financial is a life insurance & asset management industry leader that provides innovative solutions to a variety of markets. This position's primary focus is Economic Scenarios (with a secondary focus on GAAP Accounting requirements) as part of the Enterprise Capabilities - ALM Modeling team within the Finance and Actuarial Organization. In this role, the associate will drive projects that have a significant impact across Actuarial while interacting with a variety of Financial Management partners.

Job Responsibilities:
• Technical expertise on economic scenario usage for actuarial purposes across the Enterprise (GAAP, STAT, economic, etc.), driving/implementing changes where appropriate and maintaining and enhancing scenario generators.
• Serves as a key resource in performing the monthly, quarterly & annual production processes for GAAP & STAT valuation purposes related to economic scenarios, accounting requirements and simplified investment modeling.
• Support in implementing and validating ALM modeling changes in support of Asset Adequacy Testing, capital, PBR, GAAP modeling, and other ALM related purposes. This mainly involves development of in-house solutions that are primarily based on Python.
• Assist in the development of proposals for assumptions & methodologies for topics related to GAAP accounting requirements and economic scenarios. Requires close collaboration within Actuarial and with other key Financial Management groups (Risk, Finance/Treasurers, Investments).
• Partners closely with others on the Governance, Technology, and Valuation teams to ensure adherence to appropriate corporate governance, controls, and documentation policies/procedures.
• Support ad-hoc scenario and discount curve generation requests, internal audit reviews, etc

Requirements:
• Actuarial, ALM and/or investment experience preferably in an insurance company context.
• (Highly proficient) knowledge of ESGs (Economic Scenario Generators) and their usage within financial industry context (preferably insurance). Exposure to economic scenarios development, and familiarity with GAAP & STAT reporting would be a plus.
• 3+ years of actuarial, ALM, and/or modeling experience preferably in an insurance company context
• Strong technical skills with programming experience in VBA, Python and SQL, (experience in AXIS and C# a plus).
• Ability to prioritize, plan, and execute across multiple work efforts simultaneously in order to meet both production related items for GAAP and STAT reporting and drive new initiatives
• Strong verbal & written communication skills, particularly in explaining technical challenges & writing documentation
• Bachelor's degree in Actuarial Science, Mathematics, Quantitative Finance or a related field
• Primary location for position is in the Newark, NJ or Hartford, CT office, but open to remote as well
• ASA/ FSA or close to FSA preferred

Note: 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 $111,400.00 to $165,800.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. 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. In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement.

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. ]