
Associate Actuary
Prudential Financial
full-time
Posted on:
Location Type: Hybrid
Location: Hartford • Connecticut • New Jersey • United States
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Salary
💰 $114,500 - $188,900 per year
Tech Stack
About the role
- Build dedicated pricing model that caters to pricing specific attributes and promotes nimble and efficient interaction
- Reduce external processes, standardize modeling practices, and enhance End to End (E2E) process automation
- Management of a centralized pricing model under a controlled environment
- Testing of new functionality or updates made to pricing model
- Quarterly modeling and reporting of the profitability of new business
- Performance of regulatory testing and preparing materials for state filings
- Comply with risk and control frameworks, especially around model management
- Ad-hoc requests
Requirements
- 4+ years of related work experience
- Bachelor's degree required, preferably in Actuarial Science, Mathematics, Statistics, or other highly quantitative field
- Ability to own/drive deliverables, manage time, and collaborate are required
- Ability to independently design innovative solutions
- Ability to grasp complex concepts and provide insightful analytics
- Strong experience in AXIS, Python or other programming languages and Power Actuarial exams progress
- Experience with life insurance
Benefits
- Medical, dental, vision, life insurance, disability insurance
- Paid Time Off (PTO)
- 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
- Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
pricing modelEnd to End (E2E) process automationregulatory testingAXISPythonanalyticsmodel managementprofitability modelingstatistical analysisquantitative analysis
Soft Skills
time managementcollaborationinnovative solutionscomplex problem solvinginsightful analyticsownership of deliverablescommunicationadaptabilityattention to detailcritical thinking
Certifications
Power Actuarial exams