About the position

TITLE:            Associate (The Prudential Insurance Company of America – Newark, NJ) DUTIES:         Develop liability and asset models in support of ALM and risk management of insurance products. Research and implement interest rate, equity, credit, and inflation models used in valuation of domestic and international products and Economic Scenario Generator (ESG) solutions across the company. Research and optimize innovative methods in large scale Monte Carlo simulation. Support analysis and research related to implementation of hedging strategies. Model new types of insurance products with embedded capital markets risk. Design and implement liability P&L attribution models. Qualifications REQTS:          Master’s degree or foreign equivalent in Mathematics, Actuarial Science, Physics, Financial Engineering, or a related quantitative field and one (1) year of experience in the position offered or as a Analyst, or a related position. Must have one (1) year of experience with: Variable Annuity Valuation; stochastic model development; pricing library in C++ and CUDA; variable annuity hedging practice; GAAP and STAT reserve requirements for insurance liabilities; parallel computing and HPC system; Economic Scenario Generator (ESG); programming languages including C#, Matlab, SQL, VBA, and HPC. Must have passed Exams C, MFE, FM, and P towards ASA designation. APPLY:          Apply by clicking “Apply” below and following instructions to submit resume.

Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.

We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit to learn more about our values, our history and our brand.

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status, or any other characteristic protected by law.

Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at for more information about doing business with Prudential.