Sr Associate, Actuarial Job Listing at Prudential in Newark, NJ

Insurance, Finance

The Financial Modeling area within Prudential Annuities is
responsible for all aspects of  the annuities business'
modeling needs, which include VACARVM, asset adequacy testing, C-3
risk-based-capital analysis, the business forecast and planning
process, economic capital analysis, DAC unlocking, and SOP
unlocking and attribution analysis.  The Financial Modeling
area maintains the core functionality of all models, including
development, testing, projection, and analysis. 
 
 
Responsibilities of the position include the support of the
following functions: 

• Running projections and controlling models


• Documenting financial modeling work


• Customizing models to meet business needs


• Responding to modeling and information requests from internal
  and external partners


• Analyzing model output and reasonability


• Preparing regulatory exhibits and memos

• 0-2 years experience in insurance or financial services
• Strong quantitative and analytical skill set
• Excellent communication and organization skills
• Strong background in mathematics, technical, and computerskills
• Actuarial-related programming experience is preferred
• Prior experience with the MG-ALFA financial modeling softwareis desired
• Must be able to work equally well independently and in a teamenvironment
• Willingness to develop and learn.

 The candidate will be encouraged to pursue one or more of thefollowing:

• Actuarial professional exams
• Chartered Financial Analyst exams