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Senior Actuarial Associate

3 months ago

Newark, New Jersey, United States Prudential Ins Co of America Full time
Prudential Ins Co of America

Senior Actuarial Associate

Newark ,

New Jersey

Apply Now

Job Classification:
Actuarial - Actuarial
At Prudential, we believe talent is key to achieving our vision. When you join Prudential, youll unlock a motivating and impactful career all while growing your skills and advancing your profession at one of the worlds leading financial services institutions

Are you an actuary looking to utilize your coding skills? Prudential Retirement Strategies has an opportunity for a Senior Actuarial Associate to join their End-to-End Modeling team within Prudential's Global Capabilities Organization.

The associate will work with other developers to expand and refine an in-house python model ("PyVal") valuing actively sold Fixed and Indexed Annuity products.

The current EWA for this position is Hybrid and requires your on-site presence on a reoccurring basis as determined by your business.

Your manager will provide additional details relative to the specific number of days you are expected to be on-site.

What you can expect:
Design, build and test model enhancements (refinements, new features, automation, optimization)
Develop deep expertise in FlexGuard's (and other annuity products') material results drivers
Work alongside other developers on a small Agile team
Collaborate with other actuarial teams (Valuation, Assumptions, Pricing) and CIO
Continuously upskill in python, understanding of PyVal model, and actuarial concepts and annuities product knowledge

What youll need:
Python coding expert, or 2+ years' python coding experience with strong interest in becoming a technical expert
Bachelor's degree in mathematics or related quantitative field
On an actuarial track (actively taking exams towards ASA designation) or is a credentialed actuary
Experience with object-oriented programming and knowledge of basic software engineering concepts
Creative problem solver with an aptitude for complex technical work
Excellent technical communication skills- can summarize for non-technical/senior audiences and dive into sufficient detail when needed

Itd be a plus if you had:
Knowledge of retail annuity products
Prudential welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.

At Prudential, you can:


Take charge of your career People who have successfully developed their skills in this role have gone on to be promoted within our businesses or have moved into other actuarial roles.

We equip and empower our employees to expand their skills and experience by using powerful learning, gigs, and job opportunities We offer a suite of services including 1:1 Career advice, on demand resources and networking to propel your career forward.

Were a global organization, full of outstandingly dedicated people who arent afraid to think differently, challenge the status quo and take sensible risks along the way.

You will enjoy pushing boundaries as we build innovative technology that helps clients, customers and employees live their best lives.

You will have access to leadership and learning opportunities and the resources needed to take your career in any direction.

We will help you do your best work, offering flexibility, while delivering on our Purpose.

What we offer you:
Market competitive base salaries, with a yearly bonus potential at every level
Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave

Retirement plans:
401(k) plan with company match (up to 4%)
Company-funded pension plan
Wellness Programs to help you achieve your wellbeing goals, including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs

Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.

Tuition Assistance to help finance traditional college enrollment toward obtaining an approved degree, many accredited certificate programs, and industry designations.


Employee Stock Purchase Plan:

Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.

To find out more about our Total Reward package, see our Total Rewards Brochure.

Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.

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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 $97,300.00 to $144, 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...

Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity

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