Associate Actuary (The Prudential Insurance Company of America, Newark, NJ):

Complete quarterly production tasks in a timely manner to support reporting of various GAAP balances (DAC, URR, SOP03-1, Cost of Reinsurance, Loss Recognition, and FAS133 Embedded Derivative), which may include review of inputs received from business partners, valuation system runs, and preparation of reports and analytics. Provide key support to non- production Valuation activities, including quantification of annual assumption updates, and periodic analysis of sensitivities. Analyze GAAP valuation results to enhance insights for management and stakeholders, leveraging available technology such as PowerBI, Python, and SQL, to link balance changes to underlying business drivers and forecast upcoming financial impact. Contribute to continuous improvement of business process enhancement initiatives and analytics. Work closely with Modeling Associates to perform user acceptance testing of enhancements to Individual Life Insurance (ILI) Valuation system and Liability Data Warehouse to ensure accuracy of amounts booked to ledger accounts and monthly attributions of GAAP balances.

Telecommuting permitted 100%. Candidate may reside and work anywhere in the U.S.

Full time employment, Monday – Friday, 40 hours per week.


MINIMUM REQUIREMENTS:

Bachelor’s degree in Math, Statistics, Actuarial, Business Administration, or a related field, and 3 years of post-baccalaureate related work experience.



Of the required experience, must have 3 years of experience in each of the following:



• Extracting and analyzing data using Power BI and SQL;

• Actuarial modeling experience: PolySystems, MG-ALFA, Prophet, or Moody’s AXIS; and

• GAAP reporting.



Telecommuting permitted 100%.



Certification: Associate of the Society of Actuaries designation required.


To Apply: Apply online at "https://bit.ly/3SNjSaO". Should you have any difficulty in applying for this position through our website, please contact Ramona.wallace@prudential.com for assistance in the application process.