Quantitative Analyst, ALM Modeling

Job Classification:
Investment Management - Investments

At Prudential, we believe talent is key to achieving our vision. When you join Prudential, you'll unlock a motivating and impactful career - all while growing your skills and advancing your profession at one of the world's leading financial services institutions!

• Are you analytical and a strong problem solver?

The Chief Investment Office (CIO) is responsible for portfolio construction and asset/liability management on behalf of Prudential's insurance businesses. We are seeking an analyst for our Global Investment Strategy team,

As a key member of Quantitative Modeling team, this individual will be responsible for development and deployment of best-in-class risk analytics including stochastic asset-liability models, portfolio optimization tools and other capabilities to be utilized for strategic/tactical asset allocation, and special projects originated by Business Units and Portfolio Management team.

The current EWA for this position is Hybrid and requires your on-site presence on a reoccurring basis as determined by your business. Your manager will provide additional details relative to the specific number of days you are expected to be on-site.

What you can expect:

• Design, build, and enhance comprehensive asset-liability models for use in analysis of investment and hedging strategies
• Design, build, and enhance optimization models
• Use models such as, economic scenario generators, liability cash-flow models, and replicating portfolios to develop asset allocation and hedging strategies
• Develop key insight into liability characteristics across the major product lines
• Lead special projects that require quantitative expertise
• Collaborate closely with Investment Risk, Asset Management, Actuarial, Treasurer's and Finance

What you'll need:

• Bachelor's or higher degree in financial engineering, mathematics, computer science, statistics or other quantitative fields.
• Must have experience with object-oriented programming languages such as C#, Java, or C++ and knowledge of basic software-engineering concepts
• Experience with financial engineering and pricing fixed-income assets
• Experience with optimizers and optimization techniques
• Creative problem solver with an aptitude for complex technical work
• Knowledge of and experience with scripting programming languages such as Python or MatLab is a plus

It'd be a plus if you had:

• Masters' degree in quantitative finance degree
• Knowledge of and experience in designing asset-liability models

Prudential welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.

Note: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $95,000 to $115,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement.

What we offer you:

• 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 Programsincluding 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.

Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

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

If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com.

If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.