Associate Actuary (Group Insurance)
Prudential FinancialAbout the role
Job Classification:
Actuarial - ActuarialAt 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 Group Insurance Actuarial team is looking for a proactive and adaptable individual who is eager to learn and leverage their skills to make meaningful contributions to our disability product line. This position will lead pricing and actuarial support of our paid family medical leave products, while also assisting on the other disability products. This role offers the exciting opportunity to work closely with other business areas including the finance, claim operations, underwriting, and product teams, enhancing your understanding and impact across business areas.
The employee work arrangement for this position will depend on both business needs and your location. There is preference in candidates who can occasionally be present at one of our on-site offices however, the team is also open to considering virtual candidates, depending on the circumstances.
What you can expect:
Develop pricing rates for new and existing paid family medical leave products
Analyze and report on key business drivers that impact product profitability
Create innovative solutions that streamline routine business processes and improve efficiency
Collaborate within a small team of actuaries and across many business functions, gaining valuable external perspectives
Leverage technical skills and judgment to set actuarial assumptions including paid family leave and LTD manual rate assumptions
What you’ll need:
Bachelor’s degree in actuarial science, mathematics, computer science, or related field
4+ years of experience in actuarial roles
Strong technical and analytical skills, essential for developing accurate actuarial analyses
Strong communication and collaboration skills that complement technical abilities
Self-motivated individual with desire to learn independently and from others
Ability to be flexible and manage several requests at once
Strong understanding of Microsoft Excel, Python, SQL
It’d be a plus if you had:
ASA/FSA designation
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.
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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 $118,700.00 to $176,600.00. 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 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.
Education Benefit to hel
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