Role Summary

HIGHLIGHTS

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

Role Summary

HIGHLIGHTS

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