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!

As part of the Institutional Assumption and Analytics team within Prudential Retirement Strategies, you will be responsible for developing assumptions for the annual assumption update, maintaining periodic assumption monitoring dashboards, supporting experience study submissions, and enhancing tools/infrastructure. This role offers a unique opportunity to combine technical expertise with strategic communication to directly impact organizational objectives. 

The current employee work arrangement 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:

• Prepare and present assumption proposals to the Assumption Review Committee, with a focus on mortality, policyholder behavior, and asset management related assumptions.

• Assess impacts of assumption proposals for pricing of new business and valuation of inforce products.

• Collaborate with Product Management, Pricing, Finance, Valuation, and ERM to manage assumption risk and deliver insights into related deliverables.

• Coordinate distribution of periodic assumption monitoring reports, including summarizing emerging experience and drivers of assumption performance for senior leadership.

• Support ad-hoc projects and collaborate with internal and external teams to fulfill requests.

• Enhance and maintain existing tools in Excel, Power BI, SQL, and Python.

What you’ll need:

• College Degree (BA / BS) required.

• Minimum 2+ years of actuarial or related work experience.

• Progression towards ASA Designation, with at least 2 actuarial exams passed.

• Working knowledge of Python and/or SQL.

• Excellent oral and written communication skills.

• Creative problem-solver, particularly in areas with little clarity or precedence.

• Highly motivated and ability to thrive in a fast-paced, results-oriented environment with a high quality of standards.

• Fast learner and ability to work in a multi-functional team environment.

It’d be a plus if you had:

• Degree in Actuarial Science, mathematics, finance, computer science or other quantitative related fields is preferred.

• Related work experience preferably in retirement and/or insurance.

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 such as 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.

#LI-RRJ

What we offer you:

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 $99,700.00 to $148,500.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.

• 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. 

• 401(k) plan with company match (up to 4%). 

• Company-funded pension plan. 

• Wellness Programs including up to $1,600 a year f