Actuary Associate PGIM Ireland

Actuary Associate PGIM Ireland page is loaded Actuary Associate PGIM Irelandlocations: Letterkenny, Irelandtime type: Full timeposted on: Posted Yesterdayjob requisition id: R-124162 This role is based in Letterkenny (Hybrid 2-3 days onsite) Come join us in our state of the art office in Letterkenny as we are expanding. We are hiring an Actuary Associate focusing on Retirement Valuation and Onboarding to join our Actuary Team.Actuary Associate' support GAAP and STAT valuation and reporting cycles by analysing in force data changes, explaining financial impacts, supporting annual assumption updates, and maintaining strong controls to ensure reserve accuracy. The role also supports ongoing deal onboarding and major change initiatives, including valuation system conversions and administration system migrations.The initial focus is on UK and Netherlands Longevity Reinsurance Transfer (LRT) products, with scope expected to expand over time to U.S. products and additional regions. What you will do Support valuation and reporting close cycles by analysing in force movements, identifying key drivers, executing reconciliations and control documentation, and partnering with the reporting team to resolve ad hoc questions and issues Own ongoing deal onboarding by reconciling data, setting up assumptions, performing onboarding analysis to understand modeling differences and financial impacts, and summarizing findings for stakeholders (initially UK/NL LRT) Support annual assumption updates, including ad hoc runs to assess and explain financial impacts (analysis, review materials, and implementation) Produce sensitivities and ad hoc analyses to support accounting basis framework changes (e.g., Principle Based Reserving (PBR , Asset Adequacy Testing (AAT), and related initiatives Support valuation system conversions and administration system migrations by participating in UAT and parallel runs, investigating variances, reconciling results, and supporting transition planning and readiness Propose and implement new solutions, including exploring new technologies and automation, to streamline workflows, improve efficiency, strengthen controls, and enhance documentation What you will bring Actuarial exams in progress Strong analytical skills and attention to detail in a controlled reporting environment Strong ownership and accountability; delivers on commitments, flags risks early, and follows through to resolution Collaborative and easy to work with; partners effectively across teams and functions Comfortable working in a cycle driven environment with peak periods and multiple concurrent priorities Strong Excel skills; VBA and SQL experience preferred; Python experience a plus Experience supporting valuation and reporting cycles (reserves, in force movements, assumption maintenance, controls) Familiarity with LRT products (UK/NL experience a plus) Experience supporting system conversions or migrations (UAT, parallel runs, reconciliations) Experience improving documentation, controls, and repeatable processes PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply. What we offer you Health Insurance: PGIM Ireland partner with Laya and BUPA to provide health insurance schemes that cover eligible employees day to day medical and hospital expenses. Annual Leave of 23 days at full pay. Pension Scheme: Members of the scheme can contribute up to 8% of salary per annum and PGIM Ireland matches contributions up to 8% of salary. Members can also make voluntary contributions to the scheme. Annual Bonus Programme & Shop LK Vouchers / CleverCards (subject to eligibility): Along with an annual bonus employees are rewarded with Shop LK Vouchers/ CleverCards which are paid tax free. Life Assurance: fully paid by PGIM Ireland, employees are covered from their start date and beneficiaries are provided with a lump sum of four times an employee's salary. Education Assistance: PGIM Ireland have an Education Assistance Programme that reimburses eligible employees for furthering their education.-PGIM Ireland is proud to be an equal opportunity employer and is committed to equal employment opportunity regardless of applicants' gender, civil status, family status, sexual orientation, religion, age, disability, race or membership of the traveler community. PGIM Ireland's aim is to hire the best people for the open roles and all appointments will be made on merit. Any offer of employment made by PGIM Ireland will be contingent on receiving satisfactory references. Applicants should be aware that background checks will be carried out on all candidates offered a position within PGIM Ireland. PGIM Ireland has been awarded the IBEC Keep Well Accreditation Mark, this is in recognition of our commitment to making our employees wellbeing a priority.Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately $1.4 trillion in assets under management as of Dec. 31, 2023, has operations in the United States, Asia, Europe, and Latin America. Prudential's diverse and talented employees help make lives better and create financial opportunity for more people by expanding access to investing, insurance, and retirement security. Prudential's iconic Rock symbol has stood for strength, stability, expertise and innovation for 150 years. For more information please visit Our Commitment to an Inclusive Workplace Prudential Financial, Inc. serves its customers in more than 40 countries and territories, and we seek talented, creative individuals from a variety of backgrounds, worldviews, and life circumstances to work with us. We are focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We don't just accept difference-we celebrate it, support it, and thrive on it. At Prudential, employees have a unique opportunity to build their career path by owning their development, their career, and their future. We encourage employees to hone their skills and explore continued opportunities within Prudential.PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU), is a global investment manager with US $1.3 trillion in assets under management as of Dec. 31, 2023. With offices in 18 countries, PGIM's businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate, and alternatives. For more information about PGIM, visit Financial, Inc. (PFI) of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom, or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. For more information please visit Inc. (PGIM) is the principal asset management business of Prudential Financial, Inc. (PFI), a company incorporated and with its principal place of business in the United States. PFI of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. Our Commitment to an Inclusive Workplace Prudential Financial, Inc. serves its customers in more than 40 countries and territories, and we seek talented, creative individuals from a variety of backgrounds, worldviews, and life circumstances to work with us. We are focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We don't just