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Prudential

Prudential

Senior Actuarial Associate (International Reinsurance Pricing)

Senior Actuarial Associate (International Reinsurance Pricing)

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Job Details
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Uploaded On
June 29, 2023
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Location
Newark, United States
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Remote?
No
Salary
$
93
k-$
139
k
Glassdoor Ratings
""
Recommend to a Friend
69%
""
Overall Score
3.8 / 5
[ Job Classification:
Actuarial - Actuarial

Prudential Financial, Inc. 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. For more information, please visit www.prudential.com.

Prudential Retirement delivers retirement plan solutions for public, private, and non-profit organizations. Services include state-of-the-art record keeping, administrative services, investment management, comprehensive employee investment education and communications, and trustee services. For more information, please visit http://www.prudential.com/retire/.

The Senior Actuarial Associate, Pricing & Product Development, is a position on the International Reinsurance Pricing team within our Retirement Strategies business unit. The Sr. Actuarial Associate will play a key role in leading overall pricing execution for Prudential's rapidly growing multi-billion-dollar pension/longevity risk International Reinsurance Business. This individual will be instrumental in navigating new deal opportunities, from analyzing a deal's liability characteristics and mortality experience, to collaborating with various stakeholders across the business.

Primary responsibilities include:
• Analyzing plan specific experience data to determine mortality and other demographic assumptions
• Generate assumptions, financial projections and evaluate global longevity reinsurance transactions.
• Providing timely, accurate and insightful pricing analytics to facilitate confident decision-making and to achieve business goals
• Mine and scrub complex pension plan datasets.
• Improving tools, analytics, or processes used within the team
• Collaborating with a broad group of actuarial and business partners in a fast-paced, deal-focused environment

Qualifications
• Bachelor's degree required, preferably in Actuarial Science, Mathematics, Statistics, or other highly quantitative field (i.e. Engineering)
• Progress towards attainment of the Associate of the Society of Actuaries designation (ASA)
• 2+ years of strong actuarial experience (product development, pricing, valuation, GAAP/Stat reporting, financial modeling, etc).
• Superior technical skills (Excel, Python, SQL) and ability to understand and explain complex quantitative concepts and models.
• Good communication skills, particularly in presenting results to senior executives.
• Strong project management skills and ability to handle multiple urgent priorities.
• Highly motivated, innovative, and creative problem solver.
• Fast learner and ability to work in a multi-functional, dynamic team environment.

Actuarial exam support provided.

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. ]
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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.