Job Classification:
Actuarial - Actuarial

At Prudential, we believe talent is key to achieving our vision. When you join Prudential, you'll unlock a motivating and impactful career - all while growing your skills and advancing your profession at one of the world's leading financial services institutions!

Prudential's LTC(Long Term Care) Architecture team is seeking talented applicants for actuarial positions located in Newark, NJ. The primary focus of this position is to design, build, test and deliver the end-to-end automated architecture model process that meets the reporting needs for our valuation and projection business partners.

The current EWA for this position is Hybrid and requires your on-site presence on a reoccurring basis as determined by your business. Your manager will provide additional details relative to the specific number of days you are expected to be on-site.

What you can expect:

The individual will collaborate across functional teams (Actuarial, Valuation, Technology (AFT)) to support and execute on multiple large-scale projects to deliver best-in-class technology solutions to support input automation, reporting and analytics across modeling systems.

Primary Responsibilities:

• Support the integration of the reporting process into the Input Data Warehouse Infrastructure by developing automatic input data feed, streamlined valuation and projection run, automated output to ledger system with PVP(post valuation process) adjustment.
• Develop and drive test plans and perform unit testing on actuarial data management solutions such as inforce data warehouse, assumptions data warehouse and run automation.
• Own and maintain detailed documentation for the inforce data warehouse, including data dictionary, business glossary, data enrichment logic and user guide.
• Collaborate with LTC Valuation Team and AFT Team on a high visibility actuarial infrastructure project to modernize the end-to-end valuation model for LTC.
• Provide data and reporting analytics consulting services to the LTC Valuation Team and other business users.
• Support model development, model testing and/or independent model review for enhanced modeling into PolySystems Health Suite for valuation and projection.
• Develop and maintain model documentation, including functional requirements, defect logs, test plans and release memos. Ensure that the model development life cycle is properly followed.
• Research and recommend process improvements to enhance model stability, capability and efficiency.

There is an expectation that applicants will pursue the actuarial exam track with the goal of becoming qualified actuaries. Exam support provided.

What you'll need:

• Degree in Actuarial Science, Mathematics, Financial Engineering, Economics, Business, Computer Science, Science-base, or analytical Field.
• Know of LTC product and data is highly preferred.
• 3+ years of model testing experience, preferably with data warehouse solutions.
• Experience with Agile operation model is a plus
• Preferred knowledge of end to end modeling process and model inputs/outputs
• Knowledge of Oracle Business Intelligence suite and data warehousing concepts is preferred.
• Strong technical skills preferred: proficient in Excel, VBA, Access, SQL, Oracle BI and Python
• Strong project and process management skills with the ability to manage multiple initiatives, competing priorities, and drive projects to completion in a fast paced, dynamic environment
• Excellent written and oral communication skills.
• Actuarial exams are required.

It'd be a plus if you had:

• Experience in model development, implementation and/or validation is a plus
• Experience with PolySystems/GGY AXIS/modeling system or insurance administrative system is a plus

At Prudential, you can:

We equip and empower our employees to expand their skills and experience by using powerful learning, gigs, and job opportunities. We offer a suite of services including 1:1 Career advice, on demand resources and networking to propel your career forward.

We're a global organization, full of outstandingly dedicated people who aren't afraid to think differently, challenge the status quo and take sensible risks along the way. You will enjoy pushing boundaries as we build innovative technology that helps clients, customers and employees live their best lives. You will have access to leadership and learning opportunities and the resources needed to take your career in any direction. We will help you do your best work, offering flexibility, while delivering on our Purpose.

What we offer you:

• 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
• Retirement plans:
• 401(k) plan with company match (up to 4%)
• Company-funded pension plan
• Wellness Programs to help you achieve your wellbeing goals, 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.
• Tuition Assistance to help finance traditional college enrollment toward obtaining an approved degree, many accredited certificate programs, and industry designations.
• 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.

To find out more about our Total Reward package, see our Total Rewards Brochure. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.

Note: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $97,300.00 to $144,900.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement.

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.

We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status , medical condition or any other characteristic protected by law.

The Prudential Insurance Company of America, Newark, NJ and its affiliates.

Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at staffingagencies@prudential.com for more information about doing business with Prudential.

PEOPLE WITH DISABILITIES:
If you need an accommodation to complete the application process, which may include an assessment, please email accommodations.hw@prudential.com.

Please note that the above email is solely for individuals with disabilities requesting an accommodation. If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.