Prudential Financial · 1 week ago
Senior Actuarial Associate (PRT Pricing)
Newark, NJ
Full-time
Hybrid
Mid, Senior Level
$100K/yr - $148K/yr
2+ years expPrudential Financial is a leading financial services institution that values talent as key to achieving its vision. The Senior Actuarial Associate will play a primary role in transaction pricing and infrastructure development for the US Pension Risk Transfer business, working collaboratively in a fast-paced environment.
Asset ManagementFinanceFinancial ExchangesFinancial ServicesHealth CareInsuranceRetirement
Responsibilities
Price complex Pension Risk Transfer transactions. This work would involve the creation of liability cashflows and reserves, ALM modeling, and financial statement analysis
Analyze population and contract specific data to determine mortality and other demographic assumptions used in Funded transactions
Execute modeling and generate analysis of financial projections to drive pricing recommendations
Contribute to improving existing processes by leveraging best practices and various platforms including Excel, Python & SQL
Work with a broad group of actuarial and business partners in a fast-paced, customer and deal-focused environment
Qualification
Required
Bachelor's degree required
Minimum of 2 years of actuarial experience with a minimum of 3 actuarial exams passed
Strong technical skills to understand complex quantitative concepts and financial projection model
Deep knowledge of Microsoft Excel and other Office-suite software
Understanding of Life/Annuity products, capital markets, and pension plans
Highly motivated, innovative problem solver and conceptual thinker that excels in collaborative work environments
Good verbal & written communication skills, particularly in explaining technical results to non-technical audiences
Preferred
Degree in Actuarial Science, Mathematics, Statistics, Computer Science, or other STEM field preferred
LTAM is preferred
Strong working knowledge of at least one programming language such as Python, C#, SQL, VBA preferred
Benefits
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.
Company
Prudential Financial
Prudential Financial specializes in the fields of investment management, life insurance, and retirement benefits. It is a sub-organization of Prudential Financial.
10001+ employees
H1B Sponsorship
Prudential Financial has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2024 (1)
2023 (1)
Funding
Current Stage
Public CompanyTotal Funding
$1.25BKey Investors
AM Best
2025-03-13Post Ipo Debt· $750M
2024-02-14Post Ipo Debt· $500M
2001-12-13IPO
Leadership Team
Andrew Sullivan
Chief Executive Officer
Yanela Frias
Executive Vice President & Chief Financial Officer
Recent News
2026-01-03
MarketScreener
2025-12-18
Company data provided by crunchbase