Senior Actuarial Associate (PRT Pricing)
HybridPension DBPricing & RatingAsset-Liability ManagementExperience Studies
Role Summary
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Senior actuarial associate role on Prudential's US Funded PRT Pricing team in Newark, NJ. You will price pension risk transfer (DB) transactions, build liability cashflows, run ALM and financial projection models, and analyze population data for mortality assumptions. Hybrid role with recurring on-site presence.
JOB DESCRIPTION SUMMARY
- Price complex Pension Risk Transfer (PRT) transactions for US funded business
- Build liability cashflows, reserves and run ALM/financial projection models
- Analyze population and contract data to set mortality and demographic assumptions
- Leverage Excel and scripting (Python, SQL) to improve pricing infrastructure
- Hybrid role based in Newark, NJ with recurring on-site presence
DOMAIN EXPERTISE
- pension risk transfer pricing
- liability cashflow and reserve modelling
- asset-liability (ALM) modelling and cash-flow testing
- financial projection modelling for pricing
- analysis of population/contract data for mortality assumptions
KEY REQUIREMENTS
- Bachelor's degree required
- Minimum 2 years of actuarial experience
- Minimum of 3 actuarial exams passed
- Deep knowledge of Microsoft Excel and Office-suite software
- Understanding of life/annuity products, capital markets, and pension plans
TECH STACK
- Excel
- PowerPoint