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Actuarial Associate (Retirement)

Company: Prudential Financial, Inc.
Location: Newark
Posted on: December 4, 2019

Job Description:

Actuarial Associate (Retirement) - Prudential Financial _ga Cookie Value Careers-Job Search-Job DetailsJob Description - Prudential Financial Human Resources WT_FPC Cookie Value Skip to main content (Press Enter). Go to ************** - Continue an Application - Students - Talent Acquisition Partners - LinkedIn Opens in new window - Glassdoor Opens in new window - Facebook Opens in new window - Twitter Opens in new window Prudential Careers - Overview - A Focus on Talent - About the Company - Working at Prudential - Find a Career - Stories - Continue an Application - Students - Talent Acquisition Partners - LinkedIn Opens in new window - Glassdoor Opens in new window - Facebook Opens in new window - Twitter Opens in new window - Go to Prudential.comMenu Close Prudential Careers Search for Jobs Start of main content BACK TO SEARCH RESULTS Actuarial - Newark, NJ Actuarial Associate (Retirement) - Job Details - Related Jobs - Resources About the position This position is in the Retirement Modeling section of the Actuarial Modeling Center of Excellence (COE), a centrally organized modeling team promoting best practices and process improvements through collaboration and talent mobility. The Retirement modeling team is responsible for research of user modeling needs, proof of concept development, and model testing for Prudential Retirement models. The Modeling COE associate will work closely with associates from the business unit, the Valuation COE, and other Modeling COE sections. This function will enforce consistent system design and best practices across all models, mitigating and arbitrating issues and risks for model development. This role will be heavily involved in developing and maintaining the retirement reserve valuation system that supports pension risk transfer (PRT) products. Primary responsibilities include: - Support long term goal of fully automated valuation system capable of satisfying growing demands for faster and more complex analysis - Participate in model development, model testing and/or independent model review. Ensure that proper model development life cycle is followed and that model is consistent with business requirements. - Create and maintain thorough model documentation, including business requirements, test plans and ultimately release memos. The individual should possess excellent quantitative and analytical skills resulting in ability to solve business and/or actuarial problems and should be able to communicate technical concepts to a wide range of audiences. Qualifications - Bachelor's degree in Actuarial Science, Mathematics, Financial Engineering, Economics, Business, Science-based, or another analytical field required - Experience working in an actuarial position is a plus - Actuarial exam progression a strong plus - Programming skills and experience (VBA, C#, object-oriented languages) is a plus - Knowledge of life insurance, annuity and retirement products is a plus - Knowledge of software packages used in business communication such as MS Excel, Word and PowerPoint is desired - Solid oral and written communication skills 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, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status, or any other characteristic protected by law. 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. Apply Now Email this Job Apply Now Email this Job Resources for Applicants - Tips for Success - Finding the Right Fit - Our Commitment to Diversity Apply Now Share this Job Related Jobs 2020 Actuarial Success Awareness Program (ASAP): PrudentialActuarial - Newark, NJ Full Time Position - Job No: ACT000RCView Job Description Associate ActuaryActuarial - Newark, NJ Full Time Position - Job No: ILI0001ZView Job Description Actuarial Associate (Model Risk Mangement)Actuarial - Newark, NJ Full Time Position - Job No: MOD0004XView Job Description Associate Actuary (Annuities)Actuarial - Newark, NJ Full Time Position - Job No: ANN000SNView Job DescriptionSearch All Jobs Email this Job mailto:?subject=Prudential%20Careers & body=I%20thought%20you%20might%20be%20interested%20in%20this%20job.%20%0A%0AXXXX Prudential Careers Go to Prudential Prudential Careers - Overview homepage - A Focus on Talent - About the Company - Working at Prudential - Find a Career - Internships - Talent Acquisition Partners Connect on Social Media - LinkedIn Opens in new window - Glassdoor Opens in new window - Facebook Opens in new window - Twitter Opens in new window - Terms & Conditions - Accessibility Help - Privacy Center - Online Privacy Statement - Business Integrity - Social Responsibility - Diversity and Inclusion Warning: Misuse of Prudential name in fraud schemes. The views expressed by each employee is based on his or her personal experiences and opinions. An individual's own abilities, dedication, and achievements will have a direct impact on his or her success at Prudential, potential for professional growth, and opportunities for other careers at Prudential and its affiliates. Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status, or any other characteristic protected by law. The Prudential Insurance Company of America, Newark, NJ and its affiliates. Prudential Financial, its affiliates, and their financial professionals do not render tax or legal advice. Please consult with your tax and legal advisors regarding your personal circumstances. Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom. Pruco Life Insurance Company, an Arizona company - California COA # 3637. The Prudential Insurance Company of America - California COA # 1179. Prudential Retirement Insurance and Annuity Company - California COA # 08003 Securities and Insurance Products: Not Insured by FDIC or any Federal Government Agency - May Lose Value - Not a Deposit of or Guaranteed by the Bank or any Bank Affiliate EEO IS THE LAWPDF file downloads or opens in a new window. People with DisabilitiesOpens in a new window Prudential is an Employer that participates in E-Verify. See the E-Verify notice.PDF file downloads or opens in a new window. Learn about your right to work.PDF file downloads or opens in a new window. Template: *******-00001-00 2016 Prudential Financial, Inc. and its related entities.

Keywords: Prudential Financial, Inc., Newark , Actuarial Associate (Retirement), Other , Newark, New Jersey

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