1+ months

Associate Actuary ( International Insurance) - INT000I5

Newark, NJ
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Primary Location United States-New Jersey-Newark (NJ)




Prudential International Insurance (PII) continues to be one of Prudential's fastest growing and most profitable business groups. PII has operations in twelve countries around the world (Japan, South Korea, Taiwan, Malaysia, India, Indonesia, Chile, Brazil, Argentina, Mexico, Italy and Ghana).

PII is looking for a candidate who is strong in actuarial modeling and has experience in Asset Adequacy Testing (AAT) to fill a new Associate Actuary position to the PII PICA Projection and FASB Targeted Improvement System Development team which is part of the Modeling, Risk, Capital and IFRS team in Newark, New Jersey.


The new positions main responsibilities will be to lead and assist PII PICA Projection process, which covers AAT, RBC C-3 Phase I, Forecasting, as well as Deterministic Stress Testing (DST) and DPC testing for mainly traditional life block ceded from our Japan entity.


This role is highly visible and strategic; it plays a key role in PII Actuarial by partnering with the local operations, various enterprise and domestic counterparties.



  • Strong actuarial modeling experience in valuation and projection (GAAP, Statutory or ALM). Minimum of 3 years actuarial modeling experience is required; broad experience in Poly and MG ALFA modeling is highly preferred; experience with GGY or Prophet is a plus.
  • Experience in AAT process.
  • Strong U.S. financial accounting framework knowledge and experience.
  • Strong quantitative and analytics skills, including the ability to understand concepts and assess situations in a timely manner.
  • Broad understanding and relevant experience with Life and/or Annuity products.
  • Strong multi project management skills.
  • Creative problem solver.
  • Strong interpersonal and communication skills, including the ability to communicate effectively with associates in local PII operations.
  • Experience in and/or strong appetite to learn other frameworks (FASB targeted improvement, IFRS 17, PBR, MCEV and Solvency II) is a plus.
  • ASA or close to FSA, with 4 years of actuarial experience is required, CFA or FRM a plus.
  • Experience and knowledge of insurance markets in Asia and Latin America is a plus.
  • Minimal travel may be required. (< 10% of time)

@!*!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.
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Posted: 2019-12-18 Expires: 2020-03-15

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Associate Actuary ( International Insurance) - INT000I5

Newark, NJ

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10th2018 - Actuary
Overall Rating: 10/220
Median Salary: $100,610

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