Job Classification:
Actuarial - ActuarialThe associate will be an integral part of the GAAP Valuation team within the Individual Retirement Strategies Valuation team, which is responsible for reporting and analyzing the risks of the Annuities business. Some key aspects of the individual's role will include preparing GAAP deliverables, performing attribution and sensitivity analysis for GAAP actuarial balances, as well as explaining key drivers of results to team leaders and other business partners. This position also involves problem solving and coming up with solutions for ad-hoc requests. It is part of a very dynamic team whose functions are critical to the success of Individual Retirement business.
The individual’s responsibilities may include:
· Perform monthly/quarterly Annuities GAAP reporting and analysis
· Assist in preparing and presenting results to senior leaders and other business partners
· Work closely with Annuities Finance and Enterprise Valuation for GAAP related deliverables
· Contribute to and/or lead user acceptance testing of changes to the annuity actuarial model, including development of new reports to support the financial reporting process
· Work closely with Actuarial Modeling team and IT area to ensure timely model production runs are performed and to enhance existing capabilities
· Address requests from various corporate functions – Internal Audit, Risk Management, Treasurer, Portfolio Management, Chief Investment Office, etc.
· Enhance analytical tools and processes
· Ad hoc research and development
Qualifications:
· Bachelor’s degree or higher
· Must have at least 2 years of experience in the field of actuarial science
· Highly motivated, proactive, detail oriented, and well organized
· Actuarial exam progression is a strong plus
· Some experience in annuities is a plus
· Ability to work on multiple projects and help resolve conflicting priorities
· Strong verbal and documentation skills
· Ability to communicate actuarial results to non-actuaries
· Flexible to meet deliverables
· Strong technical skills (MS Excel, MS Access, SQL, etc.)
· Programming Experience in any computer language is preferred (e.g. Visual Basic, python, C++, etc.)
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.