Associate Actuary jobs in United States
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Prudential Financial · 1 day ago

Associate Actuary

Prudential Financial is seeking an Associate Actuary to join their Individual Life Insurance Pricing team. The role involves supporting the pricing, repricing, and profitability reporting of ILI products, while collaborating with various teams to enhance pricing models and processes.

Asset ManagementFinanceFinancial ExchangesFinancial ServicesHealth CareInsuranceRetirement
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H1B Sponsor Likelynote

Responsibilities

Build dedicated pricing model that caters to pricing specific attributes and promotes nimble and efficient interaction
Reduce external processes, standardize modeling practices, and enhance End to End (E2E) process automation
Management of a centralized pricing model under a controlled environment
Testing of new functionality or updates made to pricing model
Quarterly modeling and reporting of the profitability of new business
Performance of regulatory testing and preparing materials for state filings
Comply with risk and control frameworks, especially around model management
Ad-hoc requests

Qualification

Actuarial ScienceAXISPythonMathematicsStatisticsInnovative SolutionsAnalytical SkillsLife Insurance ExperienceCommunication SkillsCollaborationTime Management

Required

4+ years of related work experience
Bachelor's degree required, preferably in Actuarial Science, Mathematics, Statistics, or other highly quantitative field
Ability to own/drive deliverables, manage time, and collaborate are required
Ability to independently designed innovative solutions
Ability to grasp complex concepts and provide insightful analytics
Excellent oral and written communication skills

Preferred

Strong experience in AXIS, Python or other programming languages and Power
Actuarial exams progress
Experience with life insurance

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

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Prudential Financial specializes in the fields of investment management, life insurance, and retirement benefits. It is a sub-organization of Prudential Financial.

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 Company
Total Funding
$1.25B
Key Investors
AM Best
2025-03-13Post Ipo Debt· $750M
2024-02-14Post Ipo Debt· $500M
2001-12-13IPO

Leadership Team

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Andrew Sullivan
Chief Executive Officer
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Yanela Frias
Executive Vice President & Chief Financial Officer
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Company data provided by crunchbase