1+ months

Senior Actuarial Associate (ILI Pricing-Middle Market) - ILI0002G

Newark, NJ
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Primary Location United States-New Jersey-Newark (NJ)

This position will be on the newly created Middle Market Enterprise Initiatives team in the Individual Life Insurance (ILI) Pricing area within US Business Actuarial team.  This position will work closely with other members of the Pricing team, other actuarial functions (Assumptions, & Modeling), Middle Market Product team, and many other enterprise partners (CIO, Treasurers, Finance, etc). 
The Middle Market Enterprise Initiative team will be tasked with handling projects and requests from all enterprise partners utilizing an agile framework as well as support pricing efforts on the new Middle Market product workstream and also assist with Core product development when needed.  This role will get wide exposure to many of the different workstreams from product ideation & design, standard pricing, hedging & reinsurance analysis, finance work, large case review and many other initiatives as they come up.

This individual will support a team responsible for:
 Being point for all enterprise initiatives that require ILI Pricing input such as: exploring hedging strategy, reinsurance analysis and captive use, cost-of-capital framework, etc
 Being tasked with reviewing large case (jumbo) policy profitability and deciding on accepting or rejecting
 Stepping in to Support both Middle Market & Core product design & pricing
 Driving innovation in the ILI Pricing team


 Ability to own/drive deliverables, manage time, balance many priorities and operate in an AGILE framework
 Strong experience with actuarial projection software (e.g., GGY AXIS) preferred
 Strong quantitative and analytical skills
 Actuarial exams progress preferred
 Excellent oral and written communication skills
 Experience with life insurance a plus

@!*!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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Posted: 2020-08-07 Expires: 2020-10-05

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Senior Actuarial Associate (ILI Pricing-Middle Market) - ILI0002G

Newark, NJ

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

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