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Prudential plc · 1 month ago

Investment Analyst, Quantitative Investment Strategy

Newark, NJ

Full-time

Hybrid

Mid Level

$95K/yr - $115K/yr

Prudential is a leading financial services company, and they are seeking an Investment Analyst for their Quantitative Investment Strategy team. The role involves collaborating with senior team members to implement quantitative analysis and model implementation, supporting Traders and Portfolio Managers with asset-liability management and hedging activities.

Asset ManagementConsultingFinancial ServicesHealth CareInsurance

Responsibilities

Collaborate with senior team members to implement pricing, risk, P&L, and attribution methodologies

Develop and implement interest rate, equity, credit, foreign exchange, and inflation models for valuation of domestic and international products and ALM solutions

Support research and analysis related to hedging strategy implementation

Partner with CIO’s technology team to build market data and trade databases, automate data feeds, and streamline processes

Qualification

Quantitative analysisDerivative pricingPython developmentInterest rate modelingEquity derivatives modelingFinancial engineeringMatlabC++C#Soft skills

Required

Demonstrated ability to independently lead quantitative strategy and analysis initiatives

Strong understanding of derivative pricing theory and practice

Proficiency in Python development within collaborative environments; experience with PyTorch or parallel computation frameworks is a plus

Bachelor's degree in financial engineering, mathematics, computer science, statistics, or other quantitative fields; advanced degrees or professional certifications are a plus

Preferred

Professional or academic experience in rates or equity derivatives modeling preferred

Familiarity with Matlab, C++, or C# is a plus but not required

Knowledge of variable and fixed indexed annuities desirable; familiarity with asset classes such as fixed income, equities, credit, and foreign exchange is a plus

Benefits

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.

401(k) plan with company match (up to 4%).

Company-funded pension plan.

Wellness Programs 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.

Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.

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.