16 days old
2018-04-102018-05-09

Senior Actuarial Associate (Annuities Model Development)

Prudential
Shelton, CT 06484
  • Job Code
    ANN000ON

This position is in the Model Development Team within the Annuities Pricing and Risk-Based Design group, which is responsible for designing, building, and maintaining the models and analytical tools used to conduct pricing analyses and design new products. The Associate Actuary position requires an individual with strong analytical, quantitative modeling, programming, and problem-solving skills, as well as deep actuarial knowledge. This individual will be an integral part of the model development team, and will be responsible for building and enhancing variable and payout annuities pricing models to support the fast-paced product development and pricing initiatives.





Primary Responsibilities:



Research, design, develop, maintain, debug, and enhance the in-house Matlab-based stochastic pricing models



Create and/or maintain tools, programs, and utilities in Matlab and Excel VBA environments to support demand for more complex analysis and automated processes



Independently research and make recommendations for improvements to enhance methodology, capability, ease-of-use, and efficiency



Create and enhance controls and documentation to meet risk governance requirements



Coordinate with team to analyze and design new product provisions



Connect with peers and other business partners to create robust solutions to complex business challenges



Collaborate with peers and work on multiple projects in a dynamic and fast-paced environment



Required



1-2 years of actuarial experience Annuities Pricing / Valuation / Modeling experience preferred



Programming skills Matlab and VBA preferred



Strong analytical, problem solving, and time management skills



Highly motivated independent thinker, able to work effectively alone or in a team environment



Willing to quickly develop knowledge of current portfolio of annuity products, designs, and benefits



Strong oral and written communication skills





Preferred



2-3 Actuarial Exams Passed



Knowledge in annuities Statutory Valuation, US GAAP and capital framework is a plus



Experience in Excel VBA, C/C++ and Object-Oriented Programming (OOP) is a plus



GPU Technology (CUDA C) exposure desirable



Experience with GGY AXIS is a plus



Experience with git or other version control systems is a plus







Sponsored by:
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Sponsored by:
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Senior Actuarial Associate (Annuities Model Development)

Prudential
Shelton, CT 06484

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Senior Actuarial Associate (Annuities Model Development)

Prudential
Shelton, CT
US

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