Associate Actuary (Group Valuation) at Prudential Ins Co of America in roseland, New Jersey

Job Description:

The Group Insurance Valuation team provides valuation and analytics for the Group Insurance Business Unit The team performs valuation of all Group Life products. This position will work on liability projections used for various purposes, including Asset Adequacy Testing, stress-tests, required capital, and Asset Liability Management.  The position will also be involved in various ad hoc analyses; possible examples include reinsurance analyses, assumption impacts, forecast, and IAIS reporting.

A key part of the role is developing an understanding of the group insurance business, how the actuarial results link to the overall results of the business unit and explaining results and drivers to our business partners, including Finance, ALM, Treasury, and the Product teams.

This position will report to Director, Actuary and will be located in Roseland, New Jersey.

• Bachelor's degree required 

• ASA required; FSA designation is preferred

• Five or more years of actuarial work experience is preferred

• Experience in valuation or pricing of Group products is preferred

• Strong analytical and communication skills are required

• Proficiency in Microsoft Excel and experience with MS Access is preferred