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Actuary
Newark, NJ
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The Prudential Insurance Company of America

Senior Actuarial Associate

Job Description

Careers English Sign In Careers Home Senior Actuarial Associate page is loaded Senior Actuarial Associate Apply locations Newark, NJ, USA posted on Posted 5 Days Ago job requisition id
R-125239
Job Classification:
Actuarial - Actuarial Senior Actuarial Associate (The Prudential Insurance Company of America, Newark, NJ): Develop and test actuarial models in PolySystems for Individual Life, Long Term Care, Institutional Retirement and International products. Develop and test models to meet regulatory requirements (e.g. Targeted Improvements, PBR, Bermuda EBS/SFS) under multiple use cases (e.g. valuation, projection, forecast, and stress testing). Utilize Python to enhance the end-to-end automation of actuarial valuation models and develop efficient testing tools. Perform financial analysis of Stat and GAAP reserve impacts from structural model changes driven by regulatory or business needs. Perform regression tests, document valuation system changes, perform SOX controls. Lean into agile best practices to drive culture of technical excellence, focus on value, and prioritization. Identify and champion process improvements to drive material operational efficiency via automation and build foundation capabilities for scale. Telecommuting permitted up to 100%. Candidate may reside and work from anywhere in the U.S. Full time employment, Monday - Friday, 40 hours per week. $166,338.00 per year. Benefits incl. medical, dental, PTO & more.
MINIMUM REQUIREMENTS
Bachelor's degree in Computer Science, Mathematics, Actuarial Science, or a related quantitative field, and 3 years of related work experience. Must have 3 years of experience in each of the following: Working with Life, Annuity, or Retirement products in an actuarial discipline (including valuation and pricing); and Model development experience in actuarial vendor software: PolySystems, GGY AXIS, or MG-ALFA. 5+ Society of Actuaries (SOA) actuarial exams toward Associate of the Society of Actuaries (ASA) designation.
TO APPLY
Please click "Apply" Button. 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.
What we offer you:
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). 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. To maintain the integrity and security of our hiring process, Prudential may use identity verification technologies. Your consent will be obtained before any verification takes place. 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. Similar Jobs (5) Director, Actuary Group Disability locations 2 Locations time type Full time posted on Posted 14 Days Ago Director, Actuary (Group Advanced Analytics) locations 2 Locations time type Full time posted on Posted 30+ Days Ago Vice President & Actuary (ILI Assumptions) (Hybrid) locations 2 Locations time type Full time posted on Posted 6 Days Ago View All 5 Jobs Loading Career Site Privacy Notice © 2026 Workday, Inc. All rights reserved.

Benefits

  • Paid Time Off (PTO)
  • 401(k) Plans
  • Other Retirement and Savings
  • Employee Stock Options (ESOs)
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