Full-Time

Senior Actuarial Associate

Posted on 11/21/2024

Prudential Financial

Prudential Financial

10,001+ employees

Provides insurance, investment, and retirement solutions

Fintech
Financial Services

Compensation Overview

$97.3k - $144.9kAnnually

+ Yearly Bonus Potential

Senior

Newark, NJ, USA

Category
Insurance
Finance & Banking
Required Skills
Data Analysis

You match the following Prudential Financial's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • 2+ years of actuarial experience
  • Actuarial exams are required
  • Understanding of actuarial / finance concepts
  • Strong analytical, interpersonal, and communication skills
  • Strong project management skills with attention to details
Responsibilities
  • Collaborate across functional teams to prepare Appointed Actuary’s memoranda, actuarial opinions, and other supplements
  • Support preparing regulatory and board filings
  • Support Actuarial Oversight activities
  • Perform review and reconciliation of actuarial items in annual statements
  • Recommend and execute process improvements by leveraging tech solutions to enhance capability and efficiency
  • Support implementation of new regulatory requirements
Desired Qualifications
  • Experience with Statutory financial reporting is a plus

Prudential Financial provides a variety of financial services, including insurance, investment management, and retirement planning. Their products help individuals and institutions achieve financial security and growth. Prudential offers life insurance, annuities, mutual funds, pension services, and asset management. The company generates revenue through premiums, fees, and investment income. What sets Prudential apart from its competitors is its focus on building long-term relationships with clients and offering comprehensive financial planning. The goal of Prudential is to ensure that clients are well-prepared for their financial future.

Company Stage

IPO

Total Funding

N/A

Headquarters

Newark, New Jersey

Founded

1975

Simplify Jobs

Simplify's Take

What believers are saying

  • Prudential's investment in FIDx aligns with the digital transformation trend in financial services.
  • The appointment of Susan Somersille Johnson may boost global marketing and brand strategy.
  • Involvement in N.J. CEO Council enhances corporate social responsibility and community engagement.

What critics are saying

  • Increased competition in Asia may challenge Prudential's market penetration and profitability.
  • Over-reliance on technology platforms like FIDx could expose Prudential to operational risks.
  • Commitment to job creation and procurement spending may strain resources and impact finances.

What makes Prudential Financial unique

  • Prudential Financial offers a comprehensive range of financial services globally.
  • The company focuses on long-term relationships and comprehensive financial planning.
  • Prudential leverages digital transformation to enhance its service offerings.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Unlimited Paid Time Off

401(k) Company Match

Company Equity

Wellness Program

Work/Life Resources

Education Benefit

Employee Stock Purchase Plan

INACTIVE