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Senior Actuarial Associate

The Prudential Insurance Company of America

Remote · USFull-time$166K/yrSeen 1 day agoSeen in employer's feed 1 day ago

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At a glance

Compensation
$166K/yr
Location
Remote · US
Schedule
Full-time
Work Authorization
Not specified

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Requirements

Credentials this posting asks for.

5+ SOA Actuarial ExamsBachelor's degree

Job overview

The Senior Actuarial Associate develops and tests actuarial models for life, long-term care, retirement, and international products, including models used for regulatory requirements, valuation, projection, forecasting, and stress testing. The role uses Python to automate valuation models and build testing tools, analyzes reserve impacts, performs regression testing and SOX controls, and identifies process improvements. Telecommuting is permitted up to 100%, and candidates may work from anywhere in the U.S.

Skills & qualifications

RequiredNice to have

Skills

Actuarial ValuationActuarial PricingActuarial Model DevelopmentPolySystemsGGY AXISMG-ALFA

Qualifications

Bachelor's in Computer Science, Mathematics, Actuarial Science, or Related Quantitative Field3 Years Related Work Experience3 Years Life, Annuity, or Retirement Product Experience3 Years Actuarial Vendor Software Model Development5+ SOA Actuarial Exams

Benefits

Medical Insurance
Dental Insurance
Paid Time Off

Full job description

Experience Required

3 years of related work experience.

Minimum Education Required

Bachelor’s degree in Computer Science, Mathematics, Actuarial Science, or a related quantitative field

Compensation

$166,338.00 / Yearly

Hours Per Week

40

Number Of Positions

1

Job Description

Senior Actuarial Associate (The Prudential Insurance Company of America, Newark, NJ):

Develop and test actuarial models in PolySystems for Individual Life, Long Term Care, Institutional Retirement and International products. Develop and test models to meet regulatory requirements (e.g. Targeted Improvements, PBR, Bermuda EBS/SFS) under multiple use cases (e.g. valuation, projection, forecast, and stress testing). Utilize Python to enhance the end-to-end automation of actuarial valuation models and develop efficient testing tools. Perform financial analysis of Stat and GAAP reserve impacts from structural model changes driven by regulatory or business needs. Perform regression tests, document valuation system changes, perform SOX controls. 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 via automation and build foundation capabilities for scale.

Telecommuting permitted up to 100%. Candidate may reside and work from anywhere in the U.S.

Full time employment, Monday - Friday, 40 hours per week. $166,338.00 per year. Benefits incl. medical, dental, PTO & more.

MINIMUM REQUIREMENTS:

Bachelor’s degree in Computer Science, Mathematics, Actuarial Science, or a related quantitative field, and 3 years of related work experience.

Must have 3 years of experience in each of the following:

  • Working with Life, Annuity, or Retirement products in an actuarial discipline (including valuation and pricing); and

  • Model development experience in actuarial vendor software: PolySystems, GGY AXIS, or MG-ALFA.

5+ Society of Actuaries (SOA) actuarial exams toward Associate of the Society of Actuaries (ASA) designation.

To Apply: Apply online at "https://pru.us/4BbZ4hE". Should you have any difficulty in applying for this position through our website, please contact [email protected] for assistance in the application process.

Place of Work

Remote

Requisition ID

R-125239

Job Type

Full Time

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