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 Retirement Strategies Pricing team is a part of the Actuarial function directly supporting the Retirement Strategies business in achieving its objectives of investing in growth opportunities, delivering industry-leading experiences, and creating the next generation of solutions.

The Pricing team serves an important role as strategic advisor to the Retirement Strategies business in driving pricing and product decisions by providing financial projections and insights into drivers of financial outcomes.

Retirement Strategies Growth Initiative, Structured Settlements, and SPIA Pricing team is seeking an Actuarial Associate to support execution of Annuity product innovation, as well as profitability, model, and process refinement for new and existing products.

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.

Primary work locations : Newark, NJ or Hartford, CT

What you can expect :

• Execute on the viability, profitability, and risk reviews of innovative solutions that cross between individual annuities and institutional retirement solutions
• Support a climate of collaboration, engagement, curiosity, talent development, innovation, and business leadership
• Contribute to the development of communications and materials used with a diverse set of stakeholders
• Execute on ongoing benefit pricing for existing product solutions under guidance of more senior peers
• Update and maintain Standards of Practice, products and assumption documentation as it relates to products within our purview

What you’ll need :

• Background in Actuarial Science, Mathematics, Statistics, Computer Science or other quantitative field
• Two or more actuarial exams passed is a plus
• Ability to understand complex quantitative concepts and financial projection model
• Deep knowledge of Microsoft Office and other Office-suite software
• Working knowledge of, or exposure to, programming language such as Python, C#, SQL, VBA, MatLab a plus

It’d be a plus if you had :

• Highly motivated, innovative problem solver and conceptual thinker that excels in collaborative work environments
• Ability to communicate complex quantitative topics a plus

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 :

Take charge of your career. 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.

Last updated : 2024-05-20