Sr Actuarial Associate Job Listing at Prudential in Newark, NJ

Insurance, Finance

The individual will be an integral part of the Annuity Rate Setting / Investment Actuary team in the Annuity Product - Actuarial Management department. This team is responsible for setting crediting rates for fixed annuities as well as fixed buckets in variable annuities; liability duration calculation, collaborating with the Asset/Liability Management team to asset mix; providing support for asset adequacy testing, fixed annuity product development, quarterly forecast, operations, regulatory requests, and other areas.
 
The individual's responsibilities will include:
 
Forecasting crediting rates for quarterly forecast
New Money / Renewal crediting rate setting
Periodic requests from finance, ALM, valuation, and modeling teams
Ad hoc research and corrective actions
Project Management

At least 3 to 5 years of experience in the insurance industry (i.e. life, annuity, & retirements)
Must have basic knowledge of financial mathematics
Some actuarial exams is a plus
 
Education:
B.A./B.S. in Actuarial Science, Mathematics, Finance, Business, English, Computer Science, Accounting or Economics
 
Computer Skills:
Comfortable with Microsoft Windows environment.
Experience with Microsoft Excel, Word, and Access.
Programming Experience in any computer languages is preferred (e.g. Visual Basic, C++, APL, etc.)
 
Other Skills:
Strong analytical skills.
Project management skills.
Strong problem solving skills.
Strong communication skills.
Strong documentation skills.