Senior Actuarial Associate (Hybrid)

Prudential•Shelton, CT

66d•Hybrid

About The Position

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.

Requirements

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.

Nice To Haves

Degree in Actuarial Science, mathematics, finance, computer science or other quantitative related fields is preferred.
Related work experience preferably in retirement and/or insurance.

Responsibilities

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.

Benefits

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 help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
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.

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