Posted in Science 30+ days ago.
Type: Full-Time
Location: Newark, New Jersey
Prudential Financial is a life insurance & asset management industry leader that provides innovative solutions to a variety of markets. This position’s primary focus is Economic Scenarios as part of the Actuarial Enterprise Capabilities area and specifically, the Asset Liability Management (ALM) Methodology & Analytics Frameworks team. This role provides an opportunity to engage and drive impacts for all the insurance businesses under the Prudential Financial umbrella.
Job Responsibilities:
• Technical expertise on economic scenario usage for actuarial purposes across Enterprise (GAAP, STAT, economic, etc.) and driving/implementing changes where appropriate.
• Maintain and enhance scenario generators, investment strategy tools, and related items that involve strong knowledge of Excel, VBA, Python, and C++
• Lead development of enhancing current methods of economic scenario generation and calibration
• Collaborate within Actuarial and across Financial Management areas (Chief Investment Office, Enterprise Risk Management, Treasury, etc.) on the above.
• Ability to assist with other projects related to investment strategy, balance sheet management, etc. on ALM Methodology & Analytics Frameworks team as needed
• Superior technical skills in Excel, VBA, Python along with working knowledge of C++
• Highly proficient knowledge of ESGs (Economic Scenario Generators) and their usage within financial industry context (preferably insurance)
• Strong experience with proper model testing, developing controls, and documentation
• Emerging knowledge of ALM concepts, capital markets, and GAAP & Statutory financial principles
• Ability to prioritize, plan, and execute across multiple work efforts simultaneously in order to meet both production related items for GAAP and STAT reporting and drive new initiatives
• Good verbal & written communication skills, particularly in presenting technical concepts and writing documentation
• 3+ years of financial services experience.
Preferred:
• The primary location for this position is in our Newark, NJ office, but we are open to a remote position for the right candidate. The position is currently remote through at least June 2021.
• Actuarial, ALM, and/or investment modeling experience, preferably in an insurance company context
• ASA and/or CFA (designation, or on track for designation)
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