Chief Investment Office (CIO) - Senior Associate - Hedging Analytics - Asset Liability Management
Company: Prudential Financial, Inc.
Location: Newark
Posted on: August 5, 2022
Job Description:
Job Classification:Investment Management - InvestmentsChief
Investment Office - ALM Strategy and AnalyticsDescription:The
individual will be part of the ALM Strategy and Analytics team
within Prudential's CIO Organization.Prudential's Chief Investment
Office is responsible for:
- Construction of portfolios to support Prudential's insurance
liabilities
- Multiple hedge programs for Prudential's Annuities, Life and
Retirement businesses
- All derivative and foreign exchange activity for asset
liability management purposes
- Prudential's alternative asset investing activitiesThe ALM
Strategy and Analytics group, within Chief Investment Office, is
responsible for:
- Research and development of asset and liability models
- Review and construction of asset allocation strategies
- Broad strategic quantitative support of pricing, hedging, and
valuation of capital market sensitive insurance guarantees
- Portfolio analyticsThe senior associate will provide crucial
support in various ALM strategy initiatives and in developing
state-of-art financial analytics and tools. This position will also
provide the incumbent the opportunity to develop derivative
portfolio risk management skills with exposure to both derivative
asset modeling and capital markets sensitive liability
modeling.Specifically, this position will support work which
includes:
- Analysis and research related to implementation of ALM
strategies
- Daily valuations of the hedged liabilities and risk exposure
reports
- Hedge programs related financial earnings, capital and
liquidity projections
- Hedge P&L attribution analysis
- Development of state-of-art analytics and tools using
PythonQualifications:
- 3 years working experience in the area of financial
modeling
- Higher degree in financial engineering, mathematics, computer
science, statistics or other quantitative fields
- Knowledge of derivative instruments, including options, swaps,
and futures
- Strong quantitative and analytical skills
- Programming experience with Python, SQL, MATLAB and other
programming experience desirable
- Solid written communication skills
- Creative problem solver with an aptitude for complex technical
work
- Expertise with various asset classes, such as fixed income,
equities, credit, and foreign exchange
- Familiarity with variable and fixed indexed annuities and
hedging practices-Prudential Financial, Inc. of the United States
is not affiliated with Prudential plc. which is headquartered in
the United Kingdom.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
company's 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.We
recognize that our strength and success are directly linked to the
quality and skills of our diverse associates. We are proud to be a
place where talented people who want to make a difference can grow
as professionals, leaders, and as individuals. Visit to learn more
about our values, our history and our brand.Prudential is an equal
opportunity employer. All qualified applicants will receive
consideration for employment without regard to race, color,
religion, national origin, ancestry, sex, sexual orientation,
gender identity, national origin, genetics, disability, marital
status, age, veteran status, domestic partner status , medical
condition or any other characteristic protected by law.The
Prudential Insurance Company of America, Newark, NJ and its
affiliates.Note that this posting is intended for individual
applicants. Search firms or agencies should email Staffing at for
more information about doing business with Prudential.PEOPLE WITH
DISABILITIES:If you need an accommodation to complete the
application process, which may include an assessment, please email
.Please note that the above email is solely for individuals with
disabilities requesting an accommodation. If you are experiencing a
technical issue with your application or an assessment, please
email to request assistance.
Keywords: Prudential Financial, Inc., Newark , Chief Investment Office (CIO) - Senior Associate - Hedging Analytics - Asset Liability Management, Executive , Newark, New Jersey
Didn't find what you're looking for? Search again!
Loading more jobs...