Job description

Requirements

  • Entry level
  • No Education
  • Salary to negotiate
  • Newark

Description

Associate Manager (10P) – Actuarial Forecasting & Modeling-PRO000M6
Description
 
This role is responsible for the modeling of Variable Annuity products for Enterprise Forecasting, as well as supporting the development of the underlying framework, models, and infrastructure.

Responsibilities:

Support quarterly forecast process
Summarize output from forecast projection models (GGY-Axis and MG-ALFA)
Prepare exhibits and analysis files for various facets of the forecast process
Provide explanations and drivers of results and answer follow-up questions
Support Off-Forecast Project Work
Various stress testing exercises including CPF, DST, and LST which could involve running of GGY-Axis models
Process improvements
Help with testing as additional forecast information is converted to GGY-Axis
Other opportunities will depend on current priorities
 
Qualifications
 
3+ years of actuarial experience
Minimum of 3 actuarial exams preferred
Experience with GAAP concepts is a strong plus
Prior experience with GGY-Axis, ALFA or other actuarial and financial modeling software is a plus
Familiarity with actuarial modeling concepts are desirable
Strong computer skills (Excel, SQL, VBA)
High level of self-motivation and ownership of results
Strong analytical, interpersonal, and communication skills
Strong awareness of value and importance of controls
 

 
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 www.prudential.com 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 staffingagencies@prudential.com for more information about doing business with Prudential.
 
Job Function Actuarial
Primary Location United States-New Jersey-Newark
Other Locations United States-Connecticut-Hartford
Schedule Full-time

About the company

For over 140 years, Prudential Financial (NYSE:PRU) has helped people grow and protect their wealth. We offer individual and institutional clients a wide array of financial products and services. Today, we are one of the world’s largest financial services institutions. We have over $1 trillion of assets under management as of March 31st, 2017, and approximately $3.7 trillion of gross life insurance in force worldwide as of Dec. 31, 2016. We have operations in the United States, Asia, Europe and Latin America. We also have one of the most recognized and trusted brand symbols: The Rock® , an icon of strength, stability, expertise and innovation. We measure our long-term success on our ability to deliver value for shareholders, meet customer needs, attract and develop the best talent in our industry, offer an inclusive work environment where employees can develop to their full potential, and give back to the communities where we live and work. (Pru.us/disclaimer)

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