[ Job Classification:
Actuarial - Actuarial

Senior Actuarial Associate
Assumptions Management Team - Retirement Strategies Assumptions Team

Description
This role is part of the Retirement Strategies team, focusing on assumption development, specifically longevity assumptions for the Pension Risk Transfer, International Reinsurance and Structured Settlement products, as well as investment and policyholder behavior assumptions for Stable Value plans. The longevity assumptions include material and high-visibility assumptions such as mortality improvement and base mortality. Assumption development includes performing experience studies and actuarial analysis to determine final assumptions proposals. There is also opportunity to collaborate on process improvement projects using Python, SQL, PBI, and assist in assumption development for other products such as Annuities and ILI.

Responsibilities include:
• Support the development of Inforce & Pricing assumptions and experience studies used for financial reporting (Stat/GAAP), pricing, Capital and Forecasting for various insurance products.
• Working with Valuation/Pricing/Other Stakeholders to communicate assumption updates and determine impacts
• Maintenance of Base Mortality Review process using SQL, Python, Power BI.
• Collaborate across the Assumption Management Team to enhance/streamline our data analytics tools and capabilities by leveraging emerging technology and best practices.
• Support establishing assumptions required for new product development and business strategic initiatives
• Participate in enterprise-wide assumption groups to share knowledge and be an active participant in Prudential's Actuarial Community.

Qualifications:
• College Degree (BA / BS) required. Degree in Actuarial Science, mathematics, finance, computer science or other quantitative related fields is preferred.
• Near ASA with 2+ years of actuarial experience or equivalent experience in a similar quantitative financial field; annuity and/or retirement product knowledge is desirable
• Understanding of how mortality related assumptions impacts Pension calculations
• Knowledge of or exposure to SQL, VBA macros, Python, Power BI and Git/Bitbucket preferred
• Strong analytical mind and the ability to produce insights that bring business value
• 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 high quality standards.
• Fast learner and ability to work in a multi-functional team environment.

Preferred location is Newark, NJ. Secondary locations are Hartford, CT and Dresher, PA, with consideration for virtual locations.

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 $93,200.00 to $138,600.00. 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. ]