Senior Actuarial Associate

Job Classification:

Actuarial - Actuarial

At Prudential, we believe talent is key to achieving our vision. When you join Prudential, you’ll unlock a motivating and impactful career – while growing your skills and advancing your profession at one of the world’s leading financial services institutions!

We are looking for a self-motivated experienced professional looking to build a rewarding career supporting our Global Financial and Corporate Functions (GFC) Audit Group. This position will be part of a core team that provides audit coverage of the Global Finance and Actuarial (FAC) function for risks associated with Actuarial including assumptions, valuations, pricing, as well as other financial risks such as capital & liquidity, accounting & financial reporting, and model.

This position is based in Newark, NJ, in a hybrid model, and may require travel which should not exceed 10%, depending on audit plan coverage.

What you can expect:

• Partner with business management and control partners to identify, assess, and prioritize risks and controls

• Execute audits end-to-end, including planning, risk assessment, data analytics, control analysis, testing, issue development, and reporting

• Apply Prudential’s agile audit approach to deliver timely, well-supported outcomes

• Contribute to continuous improvement of the audit approach and help develop teammates through collaboration and knowledge-sharing

What you’ll need:

• A minimum of 3 years prior work experience in auditing and/or performing job functions in actuarial, finance, investment or risk management.

• Strong understanding of financial management in insurance businesses, with the ability to balance the big picture and details

• Strong project management skills and the ability to manage competing priorities with sense of urgency

• Ability to communicate audit topics and issues clearly and confidently with management

• Self-motivated and ability to work effectively both independently and in a team environment

• Analytical thinking and strong verbal and written communication skills

• Bachelor's degree is required and obtained ASA or taking actuarial exams

It’d be a plus if you had:

• Knowledge of U.S. GAAP and statutory (STAT) insurance accounting and capital requirements

• Experience with, or exposure to, data analytics tools and coding (Python, SQL, and/or other data science techniques)

• Knowledge of COSO, SOX, risk assessment, control analysis, and/or audit methodologies

• Advanced degree in actuarial science, business, finance, accounting, or a related field

What we offer you:

Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $96,200.00 to $158,800.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills.

• 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. 

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. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.