Prudential Ins Co of America
Associate Manager, Actuarial (Asset Liability Capital Management) (Information Technology)
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 Asset Liability Capital Management (ALCM) process improvement plus assumption & methodology development as part of the Frameworks team in the Projections Centers of Excellence (COE). In this role, the associate will drive projects that have a significant operational impact across Actuarial while interacting with a variety of Financial Management partners.
Job Responsibilities:
• Support ALCM process improvement initiatives related to asset projections modeling and economic assumptions & scenarios by employing the AGILE Scrum framework
• Research, document, & develop assumptions & methodologies for existing asset projections modeling employed in enterprise actuarial ALCM models for all asset classes including fixed income, derivatives, & alternatives
• Update & maintain a model input database for economic assumptions and scenarios supporting various actuarial ALCM models across the enterprise
• Support the asset cash flow production process and annual statutory reporting activities
• 1-3 years of actuarial, ALM, and/or investment modeling experience preferably in an insurance company context
• Strong technical skills with programming experience in SQL, VBA, VB.net, C++, SAS etc.
• GGY AXIS experience preferred
• Developing knowledge of fixed income, derivatives and alternative asset modeling concepts
• Strong verbal & written communication skills, particularly in explaining technical challenges & writing documentation
• Actuarial exams a plus but not required
• Bachelor's degree in Actuarial Science, Mathematics, Quantitative Finance or a related field is required
Location can be virtual/work from home