Prudential Annuities Distributors (PAD)
Investment Analyst, Quantitative Investment Strategy
Prudential Annuities Distributors (PAD), Newark, New Jersey, us, 07175
Overview
Investment Analyst, Quantitative Investment Strategy (Finance). The Chief Investment Office (CIO) is responsible for portfolio construction and asset/liability management on behalf of Prudential's insurance businesses. The QIS team develops Asset, Liability and ALM models that support both General Account and hedging portfolios. It also reviews asset allocation strategies, including hedging strategies on various product lines, and provides quantitative support on pricing, hedging and valuation of capital market sensitive insurance guarantees.
What you can expect Join the quantitative analysis team in the Chief Investment Office of a prominent U.S. financial services firm (managing $1.7 trillion in assets, offering Investment Management, Insurance, and Retirement services).
Role Responsibilities
Develop analytical tools and deliver quantitative analysis to support Prudential's asset-liability management and capital markets solutions in a dynamic environment.
Serve as a quantitative developer, initially focusing on the implementation of pricing tools for derivatives (equity, rate, credit, and FX), risk analytics, and profit and loss attribution methodologies as directed by senior team members.
Collaborate directly with the Trade Desk to assess, discuss, and craft models/tools that aid daily trading and hedging operations.
Contribute to organization-wide projects, such as financial derivative forecasting and/or simulation scenarios.
What you'll need
Proficient in Python with practical experience.
Strong understanding of derivative pricing theory, with a keen interest in applying theoretical knowledge in real-world scenarios.
Advanced degree in financial engineering, mathematics, computer science, statistics, or related quantitative disciplines. Candidates with a Bachelor's degree and substantial work experience will also be considered.
Compensation and Benefits 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 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 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.
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 learn 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.
#J-18808-Ljbffr
What you can expect Join the quantitative analysis team in the Chief Investment Office of a prominent U.S. financial services firm (managing $1.7 trillion in assets, offering Investment Management, Insurance, and Retirement services).
Role Responsibilities
Develop analytical tools and deliver quantitative analysis to support Prudential's asset-liability management and capital markets solutions in a dynamic environment.
Serve as a quantitative developer, initially focusing on the implementation of pricing tools for derivatives (equity, rate, credit, and FX), risk analytics, and profit and loss attribution methodologies as directed by senior team members.
Collaborate directly with the Trade Desk to assess, discuss, and craft models/tools that aid daily trading and hedging operations.
Contribute to organization-wide projects, such as financial derivative forecasting and/or simulation scenarios.
What you'll need
Proficient in Python with practical experience.
Strong understanding of derivative pricing theory, with a keen interest in applying theoretical knowledge in real-world scenarios.
Advanced degree in financial engineering, mathematics, computer science, statistics, or related quantitative disciplines. Candidates with a Bachelor's degree and substantial work experience will also be considered.
Compensation and Benefits 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 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 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.
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 learn 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.
#J-18808-Ljbffr