Senior Actuarial Associate (PRT Pricing)

About the role

The US Funded PRT Pricing team operates in a fast-paced, highly collaborative, customer and deal focused environment. This position plays a primary role in the execution of transaction pricing and infrastructure development for Prudential’s rapidly growing US Pension Risk Transfer business.

Responsibilities

• Price complex Pension Risk Transfer transactions.
  • Create liability cashflows and reserves.
  • ALM modeling.
  • Financial statement analysis.
• Analyze population and contract specific data to determine mortality and other demographic assumptions used in Funded transactions.
• Execute modeling and generate analysis of financial projections to drive pricing recommendations.
• Contribute to improving existing processes by leveraging best practices and various platforms including Excel, Python & SQL.
• Work with a broad group of actuarial and business partners in a fast-paced, customer and deal-focused environment.

Requirements

• Bachelor's degree required.
• Minimum of 2 years of actuarial experience with a minimum of 3 actuarial exams passed.
• Strong technical skills to understand complex quantitative concepts and financial projection models.
• Deep knowledge of Microsoft Excel and other Office-suite software.
• Understanding of Life/Annuity products, capital markets, and pension plans.
• Highly motivated, innovative problem solver and conceptual thinker that excels in collaborative work environments.
• Good verbal & written communication skills, particularly in explaining technical results to non-technical audiences.

Qualifications

• Actuarial exam support provided.

Skills

• Preferred degree in Actuarial Science, Mathematics, Statistics, Computer Science, or other STEM field.
• LTAM preferred.
• Strong working knowledge of at least one programming language such as Python, C#, SQL, VBA preferred.

Benefits

Prudential offers a comprehensive benefits package including medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.

Pay

$96,200.00 to $158,800.00

Schedule

Hybrid work arrangement with on-site presence required on a reoccurring basis as determined by your business. Details provided by your manager.