1+ months

Senior Actuarial Associate (Enterprise STAT Projections Team) - ENT0009I

Prudential
Newark, NJ
  • Job Code
    586642
  • Jobs Rated
    10th
Primary Location United States-New Jersey-Newark (NJ)
Job:Full-time
Travel:
Description
!*!

The position will be in the Enterprise STAT Projections actuarial team. The individual will support Retirement asset adequacy and loss recognition testing production using the Moodys AXIS platform. Work will involve direct exposure to the modeling of Retirements liabilities (primarily Pension Risk Transfer & Structured Settlement businesses) and associated ALM, as well as the analysis of projections to identify the drivers of results.

The candidate responsibilities include:
o Generate asset/liability projections for multiple reporting and internal management purposes including: GAAP Loss Recognition testing reporting, Statutory Asset Adequacy Testing (AAT) to assist the Appointed Actuary to form an Opinion, and for required capital analysis, and enterprise risk management
o Assist in developing more robust analytics/attribution capabilities to validate results and explain period over period changes.
o Engage in projects to support business initiatives, new products, and modeling/methodology improvements.
o Assist and/or perform annual assumption impact analyses.
o Test and validate modeling changes and ensure reasonability of overall model results.
o Collaborate with other members of the Enterprise Stat Projections Team and key business partners such as Valuation, Modeling, Pricing, etc.
o Timely and accurate delivery of results.



Qualifications
@!*!
 



 o Experience with asset-liability modeling for Loss Recognition Testing or Asset Adequacy Testing and/or experience in a related area (pricing, portfolio management, etc.) is preferred.
o Knowledge of Retirement products, a plus
o Strong quantitative and communication skills to quickly learn and apply complex modeling concepts and be able to communicate to both actuarial and non-actuarial business partners.
o Self-motivated individual with strong analytical and interpersonal skills
o Knowledge of Investments (mainly Fixed Income assets) is preferred
o Experience with actuarial modeling software (GGY AXIS, MG ALFA, Prophet, etc) is preferred.
o Strong technical skills required to efficiently analyze large amounts of data (Excel, VBA, SQL)
o Professional designation (ASA/FSA, CERA, and/or CFA) or progress towards, is preferred


 



@!*!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 companys 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. For more information please visit www.prudential.com.

Prudential is not accepting unsolicited resumes from search firms for this open position unless contracted with Staffing. Agencies must work with Staffing as the primary point of contact and follow the Prudential application process to be considered for business. All resumes submitted by search firms to any employee at Prudential via-email Internet or directly to hiring managers in any form without a valid written search agreement in place for that position will be deemed the sole property of Prudential and no fee will be paid in the event the candidate is hired by Prudential.
Note: Any search agreement entered into with Prudential before January 2004 is null and void. Search firms are essential to the recruitment and staffing efforts at Prudential and we value the partnerships we have built with our preferred vendors. Prudential has established and regularly maintains a preferred vendor list and even preferred vendors need to have a written search agreement signed by the Director Recruiting Programs Staffing at Prudential in place for the specific position in order for a fee to be paid for any candidate referrals.
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Jobs Rated Reports for Actuary

Posted: 2020-04-20 Expires: 2020-06-18

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Senior Actuarial Associate (Enterprise STAT Projections Team) - ENT0009I

Prudential
Newark, NJ

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Actuary
10th2018 - Actuary
Overall Rating: 10/220
Median Salary: $100,610

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