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
What will set you apart?
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.
Skills Required
- Actuarial exams in progress
- Strong analytical skills and attention to detail in a controlled reporting environment
- Strong ownership and accountability; delivers on commitments and manages risk
- Collaborative and effective partner across teams and functions
- Comfortable working in a cycle-driven environment with peak periods and multiple priorities
- Strong Excel skills
- VBA experience
- SQL experience
- Python experience
- Experience supporting valuation and reporting cycles (reserves, in-force movements, assumption maintenance, controls)
- Familiarity with Longevity Reinsurance Transfer (LRT) products (UK/NL)
- Experience supporting system conversions or migrations (UAT, parallel runs, reconciliations)
- Experience improving documentation, controls, and repeatable processes
PGIM Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about PGIM and has not been reviewed or approved by PGIM.
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Healthcare Strength — Health coverage includes comprehensive medical, dental, and vision options, complemented by behavioral health programs and wellness reimbursements. On-site fitness centers and health coaching further support physical and mental well-being.
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Retirement Support — Retirement programs feature a 401(k) with company match and a company-funded pension, with access to an employee stock purchase program. Student loan repayment assistance and savings plans add to long-term financial support.
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Wellbeing & Lifestyle Benefits — Work-life balance is reinforced by flexible/hybrid work options, paid holidays and sick allowances, and amenities like gym access, free parking, and an affordable cafeteria in some locations. Tuition reimbursement, commuter benefits, and broad work/life resources extend lifestyle support.
PGIM Insights
What We Do
PGIM, the investment management business of Prudential Financial, Inc.* is a multi-manager that delivers industry-leading strategies and solutions to clients. Each business maintains its own investment process and culture, allowing for a singular focus on delivering investment returns for clients. The PGIM businesses offer investors a wide range of investment strategies across asset classes and geographies, including public equities, public and private fixed income, commercial mortgages and real estate. Clients of PGIM can rely on superior long-term performance, risk management expertise and innovative products to help them realize a wide range of business objectives. In addition, PGIM uses its collective knowledge and business expertise to work with public, private and non-profit sector partners to create solutions that address critical social issues that have an enduring impact. *Prudential Financial, Inc. 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.
