Associate Actuary, Financial Reporting - Individual Life

Job Description
ACT000BB
Location Newark, NJ or Hartford, CT

Description
This position will play a key role in Statutory and GAAP financial reporting and analysis for the block of business acquired from Hartford . This position will provide the candidate with interaction with Prudential's Individual Life senior leadership within the Finance, Valuation, and Modeling functions.

Key Responsibilities of the Position:

•Maintain and update actuarial valuation systems that calculate life insurance reserves
•Maintain spreadsheets that (1) summarize individual life actuarial reserves, and (2) stage reserve entries for posting to ledger
•Perform reserve trending analysis and determine root cause of any outliers
•Perform monthly production controls as they relate to actuarial reserves
•Support system conversion
•Support both internal and external audit
•Implement and maintain documentation and controls



Qualifications
•College Degree (BA / BS) required
•Required: at least 3 years experience in actuarial field, preferably for an insurance company
•Strong technical skills, especially MS Excel
•Successful completion Actuarial exams is a plus. Associate in the Society of Actuaries is a plus.
•Experience with Individual Life products preferred, including Traditional, UL, and VUL.
•Experience with Triton, Polysystems, or other actuarial software preferred
•Proven ability to work independently, and with broad teams to accomplish goals
•Ability to manage multiple priorities
•Ability to grasp complex subject matter and provide insightful analysis
•Strong oral and written communication skills



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 and its affiliates, Newark,New Jersey are Equal Opportunity/Affirmative Action Employers and are committed to diversity in our workforce.

Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at staffingagencies@prudential.com for more information about doing business with Prudential.


Job Function
Actuarial

Primary Location
United States-Connecticut-Hartford

Other Locations
United States-New Jersey-Newark

Company

Prudential Insurance

Job Code

State or Province

New Jersey

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