Job Classification:
Actuarial - ActuarialThe ILI End-to-End Modeling team is at a pivotal point in our transformation as an actuarial modeling team, taking advantage of opportunities to rethink how we approach building our models. Our overarching goals over the next several years will be to consolidate onto a single vendor modeling platform and to migrate from on-premises DB2/Oracle databases to an AWS platform.
This Senior Actuarial Associate role will join the agile team responsible for transforming and building new requirements for modeling of both interest sensitive and traditional life products in PolySystems for Statutory, Tax and GAAP valuation. This role offers a candidate the opportunity to support everything from implementation of regulatory updates, internal assumption methodology changes, reinsurance arrangements, model run automation and new product onboarding.
We are looking for driven, intellectually curious leaders with the technical aptitude to quickly grasp vendor systems to make significant contributions in a short timeframe. In this role you will have direct influence over both our development process and model architecture to create operational and foundational value through executing on critical model features and increasing automation around our development, testing and deployment process.
Areas of focus:
· Develop and test PolySystems for new individual life products and regulatory requirements (e.g. PBR, Targeted Improvements)
· Lean into agile best practices to drive culture of technical excellence, focus on value, and facilitate prioritization.
· Leverage new technology like Python, SQL, AWS and Power BI to develop and enhance processes to drive material operational efficiency and build foundational capabilities.
- Drive data quality standards and testing guidelines, and participate hands-on with development and testing of new AWS components using Glue, Redshift and other Data Science tools.
Qualifications:
Required
- Bachelor’s degree in computer science, mathematics, actuarial science, or related field
- Highly self-motivated individual that is adaptable to change and a quick learner
- Strong team player that is willing to perform in roles that assist as well as lead
Preferred
- Familiarity with actuarial / finance concepts
- Familiarity with Individual Life Admin Systems
- Familiarity with Agile Methodology, including JIRA
- Proficiency with writing and transforming SQL
- Experience with actuarial modeling (PolySystems, AXIS)
- Experience with AWS, Python, and Power BI
- Experience with performing Data Analysis and Validation tasks
- Excellent oral and written communication skill
- Open to remote/virtual location outside of commutable Newark, NJ locations.
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.