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!

The ILI End-to-End Modeling team is in the process of shifting from a modeling team that utilizes multiple vendor platforms to produce projected liability cash flows across different use cases to a modeling team that utilizes a single vendor platform to support all use cases, supplemented by open-source modeling capabilities to enhance our processes, testing and automation.

This Senior Actuarial Associate role will help the modeling team continue its progress in supporting ongoing maintenance, testing, and enhancement of the interest sensitive and traditional life PolySystems modules for valuation and projections. This role offers a candidate the opportunity to support everything from implementation of regulatory updates, internal assumption methodology changes, reinsurance arrangements, model run automation and new product onboarding.

We are looking for driven, intellectually curious leaders with the technical aptitude to quickly grasp vendor systems and open source solutions who can make significant contributions in a short timeframe. In this role you will have direct influence over both our development process and model architecture to create operational and foundational value through executing on critical model features and increasing automation around our development, testing and deployment process.

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:

• Develop and test PolySystems for new individual life products and regulatory requirements (e.g. PBR, Targeted Improvements, AAT, Forecast)
• Lean into agile best practices to drive culture of technical excellence, focus on value, and prioritization.
• Identify and champion process improvements to drive material operational efficiency and build foundation capabilities

What you’ll need:

• Bachelor’s degree in computer science, mathematics, actuarial science, or related field
• 2+ years of actuarial experience
• Highly self-motivated, quick learning individual adaptable to change
• Strong team player willing to perform in roles that assist as well as lead

It’d be a plus if you had:

• PolySystems and/or Python experience
• Understanding of actuarial / finance concepts
• Familiarity with Individual Life products
• Familiarity with Individual Life GAAP accounting / Stat reserving
• Excellent oral and written communication skills
• Experience with PowerBI, SQL
• Pursuing ASA Actuarial credential

Prudential welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.

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, visit Work Life Balance | Prudential Careers. 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.