Job Classification:

Actuarial - Actuarial

Prudential: 2025 Actuarial Internship Program (AIP)

Location(s): 

Newark, NJ (Hybrid)

Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately $1.5 trillion in assets under management as of March 31, 2024, 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 nearly 150 years. For more information, please visit news.prudential.com. 

Are you looking for a career where you can apply your love of math, data, and science to inform business strategy and work with diverse teams on challenging projects? Are you interested in being a part of an exciting internship program that is focused on developing technical and professional skills while collaborating alongside leaders in the actuarial community? If you are results driven, have a passion for working with data, and are deeply technical and highly innovative, then Prudential’s Actuarial Internship Program (AIP) is the place for you!

Actuaries at Prudential partner with groups such as marketing, sales, underwriting, and investments to create new insurance, annuity retirement, and investment products. In addition to roles in traditional actuarial areas, our actuaries also work in finance, investment, asset management, and marketing. This presents a unique opportunity for our actuaries to move around the organization and develop their careers with a variety of different teams.

Timeline:

The internship program will run from Monday, June 2nd, 2025, to Friday, August 8th, 2025.

We review applications on a rolling basis, and we encourage you to apply as soon as you are ready. All fall applications will close on or by Friday, October 4th, 2024, at midnight ET. We reserve the right to close applications early due to volume or role(s) being filled.

Applications for PGIM Investment Professional roles are open as of July 1st. All other businesses will open on August 2nd. To ensure you are considered for the opportunities you want most, you are only able to apply to 3 positions per recruitment season.

Your Day to Day:

Placements will vary across the business. Core functions AIP interns could be placed in include:

• Assumptions
• Modeling
• Pricing and Product Development
• Projections
• Valuation

Required Qualifications:

• Candidates must be enrolled in an accredited bachelor’s program graduating between December 2025 and May 2027
• Prudential does not provide visa sponsorship for this position. Successful candidates must possess the requisite US employment authorization to be eligible for consideration

Preferred Qualifications:

• Preferred majors include Actuarial Science, Statistics, Mathematics, Computer Science or other relevant math-focused major
• Preferred 3.2 GPA and above
• Strong written, oral communication, and interpersonal skills
• Intellectually curious and open to change
• Knowledge of modeling packages, programming languages, and spreadsheet/database software preferred
• Passage of one or more Society of Actuaries exams preferred

Our Application Process: 

Submit your application. If eligible, receive invitation for a digital interview; this includes answering pre-recorded interview questions with the business(es) that advance your application(s).  If advanced, receive invitation for final round interview(s); you will have the opportunity to meet with us in person or virtually to learn more about our business and culture. 

For 2025 early talent roles, our process is designed to help you learn more about Prudential/PGIM and share your story with us. Digital interviewing allows greater flexibility, enables a quicker interview process, allows us to meet more candidates and share your story with more members of the team.

Note: The salary range for this role is [$32.00 to $37.00]. 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.