Posted in Science 30+ days ago.
This job brought to you by eQuest
Location: Hartford, Connecticut
Prudential Financial has helped individual and institutional customers grow and protect their wealth for 140 years. With operations in the United States, Asia, Europe and Latin America, we provide customers with a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management. The Senior Actuarial Associate – Modeling COE AXIS ALM Team, is a position that will play an integral role in the development of the evolving framework, models, and infrastructure for the Enterprise Asset and Liability Platform.
Develop and refine ALM modeling needs in support of product development, valuation, and business management for cross lines of business.
Develop and maintain actuarial model components for asset and reinvestment, which will be part of the company’s enterprise asset liability projection platform for asset adequacy testing, pricing, portfolio strategy and tactics analysis, stress testing, risk aggregation, etc.
Support enterprise ALM processes that facilitate end-to-end and seamless user experience for modeling runs, sensitivities, and attribution analyses for multiple lines of business.
Build and maintain tools to support product development, including input stating tool (IST), replication tools, etc.
Ensure adherence to appropriate corporate governance, controls, and documentation policies/procedures.
Partner with Governance, Forecast, Valuation, and Operation teams, to identify and explore opportunities to enhance retirement models and effectively support business needs.
Degree in Actuarial Science, Mathematics, Financial Engineering, Economics, Business, Science-based, or other analytical fields
Experience in the use of actuarial modeling software in GGY AXIS highly desirable
Two or more years of experience working in an actuarial position
Strong command of Microsoft Excel, SQL Database, Visual Basic, or other programming language
Strong written and oral communication
Industry knowledge and experience, focusing on Retirement Products, valuation, asset/liability management, and risk management work
Ability to strive in collaborative and project-based work environment
Self-motivated individual with strong analytical, interpersonal, and communication skills