18 days old

Associate Manager Actuarial/Senior Actuarial Associate (ILI Valuation) - ILI00023

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

This opening is for a position with Stat and Economic Valuation team, which is part of the ILI Valuation COE.  This team is responsible for valuation and forecasting of Statutory & Economic Reserves, Required Capital, and AG48 for Life Business.

Primary Responsibilities include the following:

    • Develop, maintain, and enhance actuarial cash flow projection models on a MG ALFA platform, including updating assumption and in-force population

    • Participate in Annual modeling of Moodys Analytic Axis for Economic Reserves/Required Capital and AG48.

    • Participate in actuarial modeling system conversion to Moodys Analytics Axis

    • Collaborate with clients and colleagues in support of ad-hoc modeling for strategic projects for Captives.

    • Compile and develop attribution analysis of Economic Reserves/Required Capital and AG48 modeling results

    • Participate in analyzing variability in liability cash flow patterns in support of Economic Reserves/Required Capital and AG48

    • Strong computer skills, including proficiency in Microsoft Excel and Visual Basic for Applications.  SQL knowledge is a plus.

    • Experience with actuarial modeling software is desired.  ALFA or Moodys Analytics Axis is a plus.

    • Individual life product knowledge is desirable but not required.

    • Highly self-motivated individual with the ability to work independently.

    • Strong analytical, technical, interpersonal, and communication skills.

    • Strong organizational skills with the ability to work effectively in a team environment

    • One to two years of work experience in a related field is preferred but not required.

@!*!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 companys 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. For more information please visit www.prudential.com.

Prudential is not accepting unsolicited resumes from search firms for this open position unless contracted with Staffing. Agencies must work with Staffing as the primary point of contact and follow the Prudential application process to be considered for business. All resumes submitted by search firms to any employee at Prudential via-email Internet or directly to hiring managers in any form without a valid written search agreement in place for that position will be deemed the sole property of Prudential and no fee will be paid in the event the candidate is hired by Prudential.
Note: Any search agreement entered into with Prudential before January 2004 is null and void. Search firms are essential to the recruitment and staffing efforts at Prudential and we value the partnerships we have built with our preferred vendors. Prudential has established and regularly maintains a preferred vendor list and even preferred vendors need to have a written search agreement signed by the Director Recruiting Programs Staffing at Prudential in place for the specific position in order for a fee to be paid for any candidate referrals.
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Posted: 2020-03-21 Expires: 2020-04-20
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Associate Manager Actuarial/Senior Actuarial Associate (ILI Valuation) - ILI00023

Newark, NJ

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