Analyst, Structured Settlement Pricing & Modeling Job Listing at Prudential in Iselin, NJ

Insurance, Finance

The Analyst, Structured Settlement Pricing & Modeling, is a new position  that will be part of a team responsible for the pricing and modeling of Prudential's industry leading Structured Settlement business.  
 
Primary Responsibilities                  

• In partnership with business leaders, determine and test optimal pricing strategies to balance competitiveness, growth and profitability.
  


• Provide timely and accurate pricing for Structured Settlement rate books, daily rates, and special quotes, to enable achievement of sales and profit target.


• Monitor assumptions and bid request results to identify trends and recommend changes.


• Provide pricing support of product development initiatives.


• Develop and maintain pricing metrics and ongoing evaluation of actual vs. pricing results.


• Assist with other non-Structured Settlement Prudential Retirement actuarial projects (in-force management, pension risk transfer and longevity reinsurance) as needed.

• Bachelor's Degree required
  
• Experience with structured settlement, annuity or group pension products.
  
• Knowledge of longevity, mortality, interest-rate and credit risks.
• Superior technical skills and ability to understand complex quantitative concepts and models.
  
• Highly motivated and ability to thrive in a fast-paced, results-oriented environment with high quality standards.
• Strong interpersonal skills and ability to work productively with internal and corporate business partners (product, actuarial, finance, treasurers).
  
• Advanced Excel, Visual Basic and related computer skills.