Actuarial Associate

Prudential Financial8 months ago
Newark, NJ, United States
Hybrid
Full-time
Junior Level (1-3 years)

Job Description

Job Description

The Actuarial Associate, Pricing & Product Development, is a position on the pricing team within our International Reinsurance area that plays a key role in the overall pricing execution and infrastructure development of Prudential’s rapidly growing PRT Longevity Reinsurance Business. Analyze plan specific experience data to determine mortality and other demographic assumptions to be used as the underwriting basis. Generate assumptions, financial projections and evaluate international reinsurance transactions. Determine fee that should be charged for accepting longevity reinsurance risk. Mine and scrub complex pension plan datasets. Improve tools, analytics, or processes used within the team. Work with a broad group of actuarial and business partners in a fast-paced, collaborative, customer and deal-focused environment.

Equal Opportunity Employer

Prudential Financial is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.

Required Skills

Risk Assessment
Collaborative Teamwork
Data Mining
Financial Projections
Actuarial Analysis
Pricing Strategy
Statistical Modeling