Senior Actuarial Associate supporting the LTC Finance & Actuarial Community team at Prudential. Engaging in rate filings, analysis, and actuarial modeling duties in a hybrid role.
Responsibilities
Preparing both initial LTC premium rate increase filings and responses to objections to rate increase filings from state regulators
Creating analyses and exhibits to respond to questions and objections from regulators
Building/maintaining models, reports and exhibits
Developing actuarial assumptions (data preparation, modeling, and analysis)
Developing and reporting GAAP, Statutory and Tax reserves on a quarterly basis
Making presentations to LTC senior leadership and other key stakeholders
Preparing income statements and balance sheets on a quarterly basis
Preparing quarterly senior management reports that analyze actual vs forecasted income results
Preparing and confirming correct implementation of assumption tables in PolySystems software
Requirements
Bachelor’s Degree in Actuarial Science or related field
2-5 years actuarial experience
Passed a minimum of 3 actuarial exams, with commitment to continue towards actuarial credential
Experience with Microsoft Office products
Strong desire to learn and grow both technical and leadership skills
Excellent written and oral communication skills
Ability to work closely with others (collaborate, give/receive/incorporate feedback)
Detail oriented, with strong analytical and problem-solving skills
High level of self-motivation and ownership of results
Experience with some/all of PolySystems, Visual Basic, SQL, PowerBI, and Python is a plus.
Benefits
Medical, dental, vision, life insurance, disability insurance
Paid Time Off (PTO)
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
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
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