Pension/Investment Actuary

Actuarial Modeling/Developer - Pension Risk Transfer (PRT)

Overview The Actuarial Modeling/Developer - Pension Risk Transfer (PRT) Team, is a position that plays a key role in the overall pricing operations and infrastructure development of Prudential's PRT Business. This role requires a strong foundation in actuarial first principles, with the primary focus on designing and developing callable actuarial components that integrate into broader pricing pipelines.

Primary Responsibilities Design and develop callable actuarial components using Python, VBA, SQL, and other technologies, building modular logic that can be integrated into robust orchestration pipelines

Collaborate with highly-specialized and talented quantitative professionals to develop creative pricing solutions and strategies for diverse pension plan structures

Develop pricing infrastructure and contribute to data visualization and reporting processes used across the organization to manage business production and inform strategic decision-making

Analyze population and pension plan specific experience data to determine mortality and other actuarial assumptions for pricing

Collaborate cross-functionally across the organization to develop and implement pricing strategies that balance competitiveness and profitability while ensuring compliance with internal standards and external regulations

Support the exploration and evaluation of predictive analytics to enhance compliance with Model Risk standards

Qualifications Strong foundation in actuarial first principles required

Background in actuarial science, mathematics, computer science, statistics, or related quantitative discipline

Degree in Actuarial Science, mathematics, finance, computer science, or related discipline preferred

ASA with 4 years of strong actuarial experience (product development, pricing, valuation, asset/investment/hedging/risk modeling, etc.)

Pension experience preferred; familiarity with pension plan structures, liability valuation, and pension risk transfer pricing is a plus

Programming skills preferred (Python, SQL, VBA); willingness to develop coding proficiency is expected. Experience with cloud platforms (AWS, Azure, GCP) is a plus

FSA, MAAA, CFA, PhD, FRM, Client or advanced degree in S.I.Proven ability to articulate complex data into actionable insights for senior leadership

Creative problem solver, particularly in areas with few best practices

Highly motivated and ability to thrive in a fast-paced, results-oriented environment with high standards for quality