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Actuarial - Roseland, NJ Senior Actuarial Associate (Group Insurance Valuation)

About the position

The Group Insurance Disability Valuation Actuarial team is an integral part of the Group Insurance operation. The team performs valuation of Group Long Term and Short Term Disability products. Specifically, the team is responsible for calculating and analyzing monthly disability reserves, providing disability reinsurance support, forecasting disability reserves, model programing, testing and governance, and providing actuarial support to our business partners.


This role will provide actuarial support in monthly and quarterly GAAP and Stat reserve calculations and financial reporting, assist in model testing and programming, assist in forecasting of results, and perform analysis around actuarial results and claim trends. In addition, the candidate will have to develop an understanding of how the actuarial results link to the overall results of the Business Unit.

Qualifications

  • Bachelor's degree in Actuarial Science or related field
  • 1-2 Actuarial Exams Passed and working towards ASA designation
  • Minimum of 2 years of actuarial experience
  • Strong technical skills (Microsoft Excel, Access, etc.)
  • Programming Experience in any computer language is preferred but not required (e.g. Visual Basic, C++, etc.)
  • Highly motivated, well organized, and detail orientated
  • Strong verbal 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 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 staffingagencies@prudential.com for more information about doing business with Prudential.