Job details

Actuarial Associate (Hybrid)

Job Classification:

Actuarial - Actuarial

Prudential Financial, Inc. is seeking an Actuarial Associate for the Actuarial team supporting the Company’s Group Insurance business. The successful candidate will demonstrate strong technical and communication skills with an attention to detail and be able to collaborate successfully with other members of the Actuarial staff, as well as with the Group Insurance Underwriting, Product Development, and Claims areas to achieve optimum results. The successful candidate will also be able to drive process improvements and transformation of technology to gain efficiency and accuracy.

The primary responsibilities of this position include:

Support and review both Valuation and Pricing assumptions for Group Insurance products, specifically for Long Term Disability
Perform experience studies and identify key driver of changes
Communicate and present results to gain alignment from various stakeholders
Drive process improvements and changes from technology perspective for Group Insurance Actuarial team
Collaborate with business partners to improve understanding of assumptions produced by Actuarial team
Comply with internal and external regulatory requirements

Qualifications:

Demonstrated interest in actuarial science and insurance.
Background in actuarial science, math/sciences, computer science, or other quantitative field.
Curiosity, motivation, and ability to self-teach.
Problem-solving team player.
Strong oral and written communication skills.
Hard-working, detail-oriented person who takes pride in owning their work and is committed to quality of thought and accuracy.
Productive in MS Excel, Word, Access and PowerPoint.
VBA, SQL, Python or other database/programming skills preferred.
Open to remote/virtual location outside of commutable Newark, NJ location.

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 http://www.prudential.com/

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 $64,900.00 to $96,700.00. 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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CEO of Prudential

Charles Lowrey

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By Prudential

Our mission is to help our customers achieve financial prosperity and peace of mind. How we conduct our business is just as important as what we do. Our core values are the principles that guide us daily in helping our customers achieve financial ...

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FUNDING

Public

INDUSTRY

Investment & Asset Management

TEAM SIZE

10000+

LOCATION

Hybrid, based in Newark, NJ

DATE POSTED