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Associate Actuary (Global Capabilities Modeling)

100% Remote Full-time Open now

Prudential Financial is a leading financial services institution that focuses on talent to achieve its vision. The Associate Actuary will support the design and delivery of actuarial modeling solutions, working collaboratively within a team to enhance financial projection models and provide user support.

Responsibilities

  • Supporting the expansion of our in-house PyVal actuarial modeling solution, working closely with other members of the IE team to implement solutions to ensure delivery against business outcomes along with future scalability
  • Owning workstreams and partnering with other developers in designing, coding, and testing enhancements to financial projection models and related tools in Python
  • Supporting end users by providing rapid support to resolve model errors and answer user questions

Skills

  • Ability to implement solutions based on conceptual understanding of requirements, and to investigate, debug, and resolve issues and impediments
  • Superior time management skills and solid ability to own a project and prioritize and execute on a diverse array of tasks
  • Strong communication skills, specifically being able to partner with developers of diverse backgrounds, and able to summarize accomplishments, issues, statuses, etc. with manager in a clear and concise manner
  • Strong desire to learn and explore, and question the status quo
  • At least 4 actuarial exams. ASA designation preferred
  • Knowledge of agile methodologies
  • Beginner to Intermediate level Python knowledge; experience with relevant Python libraries, including pandas, NumPy or PyTorch (emphasis here is on multi-dimensional arrays and parallel compute capabilities rather than machine learning capabilities)
  • Experience with VBA/Excel macro coding
  • Knowledge of variable annuities products

Benefits

  • 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), after one year of service.

Company Overview

  • Prudential Financial specializes in the fields of investment management, life insurance, and retirement benefits. It is a sub-organization of Prudential Financial. It was founded in 1875, and is headquartered in Newark, New Jersey, USA, with a workforce of 10001+ employees. Its website is http://www.prudential.com.
  • Company H1B Sponsorship

  • Prudential Financial has a track record of offering H1B sponsorships, with 1 in 2024, 1 in 2023. Please note that this does not guarantee sponsorship for this specific role.
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