Investment VP, Quantitative Investment Strategy

Prudential Financial Newark, NJ

Company

Prudential Financial

Location

Newark, NJ

Type

Full Time

Job Description

Job Classification:
Investment Management - Investments

The Chief Investment Office (CIO) is responsible for portfolio construction and asset/liability management on behalf of Prudential's insurance businesses. The ALM Strategy and Analytics Team plays a crucial role in researching, developing, and implementing asset allocation and hedging strategies for effective ALM across several product lines.

We are seeking an Investment Vice President who will be a dedicated a resource to be integrally aligned with the businesses and their ALM and hedge strategy needs and assist with product development and strategist-like support from a modeling perspective.

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.

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What you can expect:
• Use ALM models 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, Treasurers and Finance

What you'll need:
• 7-10+ years of experience.
• Bachelor's or higher degree in financial engineering, mathematics, computer science, statistics, or other quantitative fields.
• Creative problem solver with an aptitude for complex technical work
• Prior experience with insurance liabilities and financial products
• Prior experience with regulatory/statutory capital analysis and optimization
• Experience with C#/Python is a plus

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 $180,000 to $210,000. 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 [email protected].

If you are experiencing a technical issue with your application or an assessment, please email [email protected] to request assistance.

Apply Now

Date Posted

02/06/2025

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