Associate Actuary (Information Technology)
Job Classification:
Actuarial - ActuarialAt Prudential, we believe talent is key to achieving our vision. When you join Prudential, you'll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world's leading financial services institutions!
The current EWA for this position is Hybrid and requires your on-site presence on a reoccurring basis as determined by your business. [Travel is expected to be no more than 10% of time.
The Individual Life Statutory Valuation and Capital Management team is seeking an Associate Actuary with a technology and innovation mindset to join the team responsible for reporting of formulaic statutory, tax, and GAAP reserves. The associate will play a key role in the execution of ILI Valuation's monthly, quarterly, and annual reporting processes. Additionally, this associate will continue to drive progress and innovation in Project SLAM (Statutory Liability Automation modernization). This project will transform our statutory reserve reporting process.
What you can expect:
This associate will exhibit strong technical and communication skills in building our reporting analytics and working closely with our technology partners in building out solutions to automate quarterly and annual regulatory reporting. This will require the use of data visualization tools such as PowerBI to further enhance analytics and data deliveries to our business partners. This individual will be proactive in partnering with our EXL associates to drive change and transforming our valuation capabilities.
Responsibilities:
• Prepare and effectively communicate financial information for various customers (e.g. FSS, Finance, Tax, Treasury, etc.) and understand and explain the drivers of reserve movements.
• Develop and Implement process enhancements based on business value (operational, financial, insights, foundational).
• Earn confidence and trust by demonstrating ownership, commitment, and follow-through in delivering accurate and timely results.
• Develop and maintain consultative relationships with key business stakeholders.
• Serve as a thought leader for peers in driving awareness around innovative technology solutions.
What you'll need:
• Enthusiastic, curious, resourceful, and a self-starter comfortable working in a fast-paced dynamic environment. Takes ownership of professional development of self and team.
• Ability to grasp complex subject matter, provide insightful analysis, and develop innovative solutions.
• Experience with industry standard data analysis and visualization software, such as SQL, Python, and PowerBI.
• Well-developed written and oral communication skills with ability to present technical results to non-technical stakeholders.
• Familiarity with actuarial concepts, financial reporting, and/or individual life insurance products a plus (but not required).
• Progress towards or attainment of Fellowship of Society of Actuaries (FSA) designation.
At Prudential, you can:
Take charge of your career. We equip and empower our employees to expand their skills and experience by using powerful learning, gigs, and job opportunities. We offer a suite of services such as on demand resources and networking to propel your career forward.
We're a global organization, full of outstandingly dedicated people who aren't afraid to think differently, challenge the status quo and take sensible risks along the way. You will enjoy pushing boundaries as we build innovative technology that helps clients, customers and employees live their best lives. You will have access to leadership and learning opportunities and the resources needed to take your career in any direction. We will help you do your best work, offering flexibility, while delivering on our Purpose
What we offer you:
Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $118,700.00 to $176,600.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.Market competitive base salaries, with a yearly bonus potential at every level.
Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave.
401(k) plan with company match (up to 4%).
Company-funded pension plan.
Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.
Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.
Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.
Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.
Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition or any other characteristic protected by law.
If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com.
If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.
