Job Classification:
Actuarial - Actuarial
At Prudential, we believe talent is key to achieving our vision. When you join Prudential, youll unlock a motivating and impactful career all while growing your skills and advancing your profession at one of the worlds leading financial services institutions!
The ILI Assumption Team has an exciting opportunity for an individual interested in data management and analytics. The ILI Assumption Team analyzes and sets all Policyholder Behavior, Mortality, and Expense assumptions for the Individual Life Insurance business unit. This specific role will have responsibility supporting all the data needs on the ILI Assumption Team. This includes partnering with Assumption Owners to acquire and improve access to necessary data for experience studies; helping create new and enhanced assumption monitoring capabilities; collaborating with key stakeholders to understand and help solve their data needs specific to the assumption setting process, etc.
The ideal candidate for this role is someone that has technical and data background and is looking to expand their business and product knowledge.
The current EWA for this position is Hybrid and requires your on-site presence on a reoccurring basis as determined by your business. Your manager will provide additional details relative to the specific number of days you are expected to be on-site.
What you can expect:
Assisting data owners in acquiring and validating necessary data for annual 2Q assumption unlock needed for experience studies;
Supporting key projects such as data requests from the NAIC, LIMRA, MIB for industry studies and annual experience data submissions;
Supporting Polysystems model improvement project by implementing changes and validating results. Additionally, will document and describe the impact of recommended improvements;
Technical support for assumption owners including query support, ad-hoc data pulls, resolving technical issues and assisting in investigation of data concerns;
Efficiently access data from PFMC, PolySystems Measure; Amazon Redshift; and other systems;
Potential to support special technical projects for Individual Life Insurance.
What youll need:
Strong programming background with an understanding of various tools and languages
Expertise in SQL and Python preferred
Experience with data manipulation and analysis
Experience in PowerBI or other data visualization tools is preferred
Excellent analytical; business; and critical thinking skills
Awareness of key actuarial assumptions and their importance to each business unit is a plus
B.A. / B.S. required - preferably in actuarial, computer programming, mathematics, statistics, business, finance, or related field
Itd be a plus if you had:
Background knowledge of individual life products is a plus
Actuarial exam progress towards ASA designation is a plus
Prudential welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.
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 including 1:1 Career advice, on demand resources and networking to propel your career forward.
Were a global organization, full of outstandingly dedicated people who arent 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:
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
Retirement plans:
401(k) plan with company match (up to 4%)
Company-funded pension plan
Wellness Programsto help you achieve your wellbeing goals, including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs
Work/Life Resourcesto help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
Tuition Assistanceto help finance traditional college enrollment toward obtaining an approved degree, many accredited certificate programs, and industry designations.
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.
To find out more about our Total Reward package, see ourTotal Rewards Brochure. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.
Note: 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 $97,300.00 to $144,900.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. 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. In addition, employees...

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