33 applicants

Company

Prudential Financial · 15 hours ago

Associate Actuary

Newark, NJ

Full-time

Remote

Entry, Mid Level

$116K/yr - $172K/yr

4+ years exp

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Responsibilities

Collaborate with business partners, providing value-added pricing and analytics to help drive innovative and sustainable product development that generate customer and enterprise value

Assess the viability of new product initiatives with appropriate analytical rigor to support prioritization and early decision making ensuring that the business is focused on valuable opportunities

Evaluate profitability and risk profiles of viable product ideas and communicate key information to stakeholders

Make enhancements to pricing models as necessary throughout the product development process and test production model updates related to new product features as necessary

Ensure successful implementation/launch of new products/product enhancements

Qualification

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Pricing experienceAnnuities productsQuantitative modelingMatlabGGYBusiness acumenSound judgementASA certification

Required

4+ years of experience with pricing and/or Annuities products

Strong quantitative modeling, analytical, and problem-solving skills, including the ability to identify and create

Able to build models to assess the viability of various product, reinsurance, or other initiatives with often limited direction and/or imperfect information

Business acumen to translate quantitative analytics into insights that drive business results

Active listening skills to understand issues and effectively collaborate with business partners

Able to clearly explain complex topics to non-technical and executive audiences

Sound judgement to prioritize and where necessary find reasonable approximations to ensure time and resources are used most efficiently

Preferred

Experience with Fixed and/or Indexed Annuities is beneficial

Solid development skills, experience with Matlab and GGY is preferred

ASA or close to ASA 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.

Founded in 1875

Newark, New Jersey, USA

10,001+ employees