Prudential Financial · 1 week ago
Associate Actuary (Global Capabilities Modeling)
Newark, NJ
Full-time
Hybrid
Mid Level
$119K/yr - $177K/yrPrudential Financial is one of the world’s leading financial services institutions, seeking an Associate Actuary to support the design and delivery of actuarial modeling solutions. The role involves expanding the in-house Python based actuarial modeling solution and collaborating with various teams to ensure effective project delivery.
Asset ManagementFinanceFinancial ExchangesFinancial ServicesHealth CareInsuranceRetirement
Responsibilities
Supporting the expansion of our in-house PyVal actuarial modeling solution, working closely with other members of the IE team to implement solutions to ensure delivery against business outcomes along with future scalability
Owning workstreams and partnering with other developers in designing, coding, and testing enhancements to financial projection models and related tools in Python
Supporting end users by providing rapid support to resolve model errors and answer user questions
Qualification
Required
Ability to implement solutions based on conceptual understanding of requirements, and to investigate, debug, and resolve issues and impediments
Superior time management skills and solid ability to own a project and prioritize and execute on a diverse array of tasks
Strong communication skills, specifically being able to partner with developers of diverse backgrounds, and able to summarize accomplishments, issues, statuses, etc. with manager in a clear and concise manner
Strong desire to learn and explore, and question the status quo
Preferred
At least 4 actuarial exams. ASA designation preferred
Knowledge of agile methodologies
Beginner to Intermediate level Python knowledge; experience with relevant Python libraries, including pandas, NumPy or PyTorch (emphasis here is on multi-dimensional arrays and parallel compute capabilities rather than machine learning capabilities)
Experience with VBA/Excel macro coding
Knowledge of variable annuities products
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.
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.
Founded in 1875
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