Associate Actuary, Retirement Strategies, Finance and Actuarial Pricing

Prudential Financial

Associate Actuary in Retirement Strategies finance team focusing on developing pricing solutions and financial modeling. Collaborating with teams to enhance actuarial processes in a hybrid work environment.

Posted 7/7/2026full-timeNewark • New Jersey • 🇺🇸 United StatesJuniorMid-Level💰 $114,500 - $188,900 per yearWebsite

Tech Stack

Tools & technologies

PythonSQLVBA

About the role

Key responsibilities & impact

Collaborate with highly motivated and talented quantitative professionals to develop creative solutions and help achieve aggressive business growth goals
Lead financial modeling and pricing execution for US Funded PRT transactions
Identify and execute planned process improvements and transformation initiatives by using Python, VBA, SQL and other emerging technology to automate and standardize processes
Partner with Modeling and Assumptions teams to test enhancements to actuarial models used for cash flow production, mortality and policyholder behavior underwriting, Statutory/GAAP reserve, and ALM projections
Analyze population and pension plan specific experience data to determine mortality and other demographic assumptions used in PRT transactions
Provide timely, accurate and insightful pricing analytics to facilitate confident decision-making and to achieve business goals
Collaborate with business and corporate leaders to determine and implement optimal pricing strategies that balance competitiveness and profitability while ensuring compliance with Enterprise Pricing Standards
Support internal efforts to secure necessary approvals from Retirement Strategies leaders and other governing bodies across the Prudential Enterprise
Implement efficient and robust pricing processes and ensure compliance with Model Risk Policies and End User Controls
Be an active participant in Prudential’s actuarial community.

Requirements

What you’ll need

College Degree (BA / BS) required
ASA with 4+ years of strong actuarial experience (product development, pricing, valuation, GAAP/Stat reporting, financial modeling, asset-adequacy testing, asset/investment/hedging/risk modeling, etc)
Superior technical skills and ability to understand complex quantitative concepts and models
Strong communication skills, particularly in presenting results to senior executives
Strong project management skills and ability to juggle multiple urgent priorities
Creative problem-solver, particularly in areas with very little clarity or precedence
Highly motivated and ability to thrive in a fast-paced, results-oriented environment with high quality standards
Fast learner and ability to work in a multi-functional team environment
Actuarial Exam support provided.

Benefits

Comp & perks

Medical, dental, vision, life insurance, disability insurance
Paid Time Off (PTO)
Leave of absences, such as parental and military leave
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)
Eligibility to participate in a discretionary annual incentive program.

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

Financial ModelingPricing ExecutionActuarial AnalysisGAAP ReportingStatutory ReportingSQLVBAAsset-Adequacy TestingRisk ModelingData Analysis

Soft Skills

Strong CommunicationCreative Problem-SolvingProject ManagementFast LearnerTeam Collaboration

Certifications

ASA