1+ months

Associate Manager, Actuarial (Asset Liability Capital Management) - PRO000OB

Newark, NJ
Apply Now
Apply on the Company Site
  • Job Code
Primary Location United States-New Jersey-Newark (NJ)

Prudential Financial is a life insurance & asset management industry leader that provides innovative solutions to a variety of markets. This positions primary focus is Asset Liability Capital Management (ALCM) process improvement plus assumption & methodology development as part of the Frameworks team in the Projections Centers of Excellence (COE).  In this role, the associate will drive projects that have a significant operational impact across Actuarial while interacting with a variety of Financial Management partners.

Job Responsibilities:

  Support ALCM process improvement initiatives related to asset projections modeling and economic assumptions & scenarios by employing the AGILE Scrum framework

  Research, document, & develop assumptions & methodologies for existing asset projections modeling employed in enterprise actuarial ALCM models for all asset classes including fixed income, derivatives, & alternatives

 Update & maintain a model input database for economic assumptions and scenarios supporting various actuarial ALCM models across the enterprise

  Support the asset cash flow production process and annual statutory reporting activities


1-3 years of actuarial, ALM, and/or investment modeling experience preferably in an insurance company context

Strong technical skills with programming experience in SQL, VBA, VB.net, C , SAS etc.

GGY AXIS experience preferred

Developing knowledge of fixed income, derivatives and alternative asset modeling concepts

Strong verbal & written communication skills, particularly in explaining technical challenges & writing documentation

Actuarial exams a plus but not required

Bachelors degree in Actuarial Science, Mathematics, Quantitative Finance or a related field is required

 Location can be virtual/work from home    

@!*!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 Posting:@false

Posted: 2019-12-13 Expires: 2020-03-09

Before you go...

Our free job seeker tools include alerts for new jobs, saving your favorites, optimized job matching, and more! Just enter your email below.

Share this job:

Associate Manager, Actuarial (Asset Liability Capital Management) - PRO000OB

Newark, NJ

Join us to start saving your Favorite Jobs!

Sign In Create Account
Powered ByCareerCast