Prudential Financial, Inc
, NJ, United States
Actuarial, Insurance, Finance
Actuarial Associate ( Valuation Center of Excellence, Individual Life)','ILI00015','!*!The Valuation Center of Excellence (COE) for the Individual Life business is seeking an Actuarial Associate to support Statutory, FAS 60 GAAP, and Tax financial reporting and analysis. The Individual Life Valuation area performs financial reporting and analysis for all individual life insurance business of Prudential, including the acquired Hartford Life block and Prudential's Closed Block. We are looking for someone with leadership potential who can help improve existing processes as well as influence and incorporate process changes, especially as we continue efforts to align Legacy Hartford and Pru Valuation and reporting processes and begin to align reporting processes across the Valuation COE. The candidate should have strong analytical and communication skills in order to evaluate, understand and communicate drivers of financial impact.
This position will provide the candidate with opportunities to collaborate with a wide array of functions, including finance, Valuation, Modeling, Reinsurance and Corporate Actuarial. Upcoming projects include FASB Targeted Improvements, Principle Based Reserves (PBR), valuation of new products and the creation of insightful analytics.
Perform analysis of Statutory, GAAP and Tax financial results
Support regulatory changes and assumption updates
Develop management exhibits and insightful analytics
Research any issues related to reported results or calculation procedures
Maintain appropriate controls; address any control weaknesses; ensure compliance with corporate standards
Maintain and continue to improve procedures and tools, partnering with the Actuarial Modeling COE and other areas as appropriate
Support the integration of Legacy Hartford and Prudential processes
Support Targeted Improvements and PBR
Support internal and external audits
College Degree (BA/BS) required
0-1 years of actuarial experience
Actuarial internship a plus. Would also consider analyst or related experience.
Strong technical skills
Ability to grasp complex subject matter, provide insightful analysis and develop innovative solutions
Ability to manage multiple assignments and meet deadlines
Proven ability to work with broad teams to accomplish goals
Strong oral and written communication skills
Experience with Individual Life products or with Valuation and Financial Reporting is preferred
Experience with PolySystems or other vendors' actuarial software a plus
Programming experience a plus
Exam support provided','!*!Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services. We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand. Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status, or any other characteristic protected by law. Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at firstname.lastname@example.org for more information about doing business with Prudential.','Actuarial','United States-New Jersey-Newark','','Full-time','','Actuarial Associate ( Valuation Center of Excellence, Individual Life)
Prudential Financial, Inc
Website : http://www.prudential.com
For more than 135 years, Prudential Financial, Inc., has helped individual and institutional customers grow and protect their wealth. Today, we are one of the world's largest financial services institutions with operations in the United States, Asia, Europe, and Latin America. We also have one of the most recognized and trusted brand symbols: The Rock ®, an icon of strength, stability, expertise, and innovation. We strive to create long-term value for our stakeholders through strong business fundamentals, consistent with our mission guided by our vision and directed by our company's core values. We are committed to keeping our promises and to doing business the right way.