Prudential Financial · 18 hours ago
Senior Actuarial Associate (Hybrid)
Newark, NJ
Full-time
Hybrid
Mid, Senior Level
$96K/yr - $159K/yr
2+ years expPrudential Financial is a leading financial services institution seeking a motivated Senior Actuarial Associate to join their Long Term Care Finance & Actuarial Community team. The role involves supporting various actuarial functions, improving efficiency, and developing tools to assist business partners.
Asset ManagementFinanceFinancial ExchangesFinancial ServicesHealth CareInsuranceRetirement
Responsibilities
Preparing both initial LTC premium rate increase filings and responses to objections to rate increase filings from state regulators
Creating analyses and exhibits to respond to questions and objections from regulators
Building/maintaining models, reports and exhibits
Developing actuarial assumptions (data preparation, modeling, and analysis)
Developing and reporting GAAP, Statutory and Tax reserves on a quarterly basis
Making presentations to LTC senior leadership and other key stakeholders
Preparing income statements and balance sheets on a quarterly basis
Preparing quarterly senior management reports that analyze actual vs forecasted income results
Preparing and confirming correct implementation of assumption tables in PolySystems software
Qualification
Required
Bachelor's Degree in Actuarial Science or related field
2-5 years actuarial experience
Passed a minimum of 3 actuarial exams, with commitment to continue towards actuarial credential
Experience with Microsoft Office products
Strong desire to learn and grow both technical and leadership skills
Excellent written and oral communication skills
Ability to work closely with others (collaborate, give/receive/incorporate feedback)
Detail oriented, with strong analytical and problem-solving skills
High level of self-motivation and ownership of results
Preferred
Experience with some/all of PolySystems, Visual Basic, SQL, PowerBI, and Python
Benefits
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.
Company
Prudential Financial
Prudential Financial specializes in the fields of investment management, life insurance, and retirement benefits. It is a sub-organization of Prudential Financial.
10001+ employees
H1B Sponsorship
Prudential Financial has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2024 (1)
2023 (1)
Funding
Current Stage
Public CompanyTotal Funding
$1.25BKey Investors
AM Best
2025-03-13Post Ipo Debt· $750M
2024-02-14Post Ipo Debt· $500M
2001-12-13IPO
Leadership Team
Andrew Sullivan
Chief Executive Officer
Yanela Frias
Executive Vice President & Chief Financial Officer
Recent News
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2026-01-19
2026-01-03
MarketScreener
2025-12-18
Company data provided by crunchbase