Associate Manager, Integrated Modeling Solutions

PFI Innovation Centre India; Gurugram District; On-site; INR 350,000 - 550,000; Full time

Job summary

PFI Innovation Centre India is an exciting new innovation center building a future focused on financial security and longevity. Based in India, the Associate Manager will develop, test, and deliver components of Prudential's PyVal liability engine and Eureka!

modeling app, integrating actuarial, finance, and risk expertise across multiple jurisdictions. The role requires strong Python skills, 5+ years in actuarial or financial modeling, and collaboration with global teams in an Agile setting.

Qualifications

• Bachelor's degree in actuarial science, mathematics, statistics, finance, engineering, or related quantitative field.
• Five+ years of relevant experience in actuarial modeling, financial modeling, or related disciplines.
• Strong hands-on Python proficiency with well-structured, testable code.
• Experience developing, testing, validating, or operating financial/actuarial models.
• Strong analytical, written, and verbal communication across global, cross-functional teams.

Responsibilities

• Develop, test, enhance, and deliver PyVal and Eureka! components of Prudential's modeling stack.
• Implement new products, assumptions, methodologies, scenarios, reporting, and forecasting capabilities.
• Perform unit, integration, regression, sensitivity, and reconciliation testing; investigate issues and drive resolution.
• Maintain documentation of model logic, data flows, controls, test results, and governance history.
• Collaborate across Actuarial, Finance, Investments, Treasury, Risk, Technology and business teams in an Agile environment.

Skills

Python

Analytical skills

Communication skills

Cross-functional teams

Education

Bachelor's degree

Job description

PFI Innovation Centre India is an exciting new innovation center. We’re building a future that helps people live better lives longer – and we’re looking for bold thinkers and team players to help us do it.

Here, you’ll tackle complex challenges, collaborate with brilliant minds across the globe, and grow your career while helping millions achieve financial security.

a Purpose Driven Company – 150 Years

While the PFI Innovation Centre brand is new to India, you’ll be a part of the Prudential Financial, Inc. family. Founded in Newark, NJ, we serve 50 million customers across more than 50 countries. With $1.334 trillion in assets, we’re a global leader in institutional asset management. The 2nd largest life insurer in the US and the 9th largest institutional global asset manager.

At the PFI Innovation Centre India, you’ll find high-performance culture that’s flexible, collaborative, and grounded in respect. We engage with candor, take calibrated risks, and hold ourselves accountable – always focused on delivering for our customers. It’s the standard we choose every day as we grow, perform, and win as one team. We offer valuable leadership, mentoring and learning opportunities, paired with flexibility and support to help you thrive.

Whether you’re just starting out or ready to take your next step, we’ll help you grow with purpose and do the best work of your career.

What You Will Do

Based in India, the Associate Manager, Integrated Modeling Solutions will develop, test, enhance, and deliver components of Prudential's proprietary PyVal liability engine and Eureka! integrated modeling application. This hands‑on role brings together modern software development with actuarial, finance, investment, and risk expertise to support valuation, forecasting, capital management, asset liability management, and strategic decision‑making across multiple businesses and jurisdictions.

What You Can Expect

• Develop, configure, test, and maintain Python-based financial and actuarial modeling capabilities within PyVal and Eureka!, translating business requirements into reliable, scalable, and reusable solutions.
• Implement new products, assumptions, methodologies, scenarios, reporting needs, and forecasting capabilities while applying version control, peer review, modular design, coding standards, and disciplined deployment practices.
• Perform unit, integration, regression, sensitivity, and reconciliation testing; investigate model results, data issues, and defects; and drive issues through resolution.
• Maintain clear documentation of model logic, assumptions, data flows, controls, test results, limitations, and change history in line with model governance and risk standards.
• Partner across Actuarial, Finance, Investments, Treasury, Risk, Technology, and business teams, contributing to Agile delivery, reusable standards, automation, and continuous improvement.

What You Will Bring

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, Engineering, Computer Science, or a related quantitative field.
• Five or more years of relevant experience in actuarial modeling, financial modeling, quantitative analysis, risk, software development, or a related discipline.
• Strong hands‑on Python proficiency, including development of well‑structured, testable, and maintainable code.
• Experience developing, testing, validating, or operating financial, actuarial, risk, or projection models.
• Strong analytical, problem‑solving, written, and verbal communication skills, with demonstrated effectiveness across global, cross‑functional teams.

What will set you apart?

• Progress toward an Associate or Fellow credential from a recognized actuarial body, or toward CFA, FRM, or an equivalent quantitative credential.
• Experience in insurance or reinsurance, including life insurance, annuities, retirement, or institutional products.
• Knowledge of valuation, financial planning and analysis, capital modeling, liquidity risk, economic capital, or asset liability management.
• Exposure to US GAAP, US statutory reporting, Bermuda EBS or BSCR, or other insurance accounting and regulatory frameworks.
• Experience with Git, cloud computing, automated testing, continuous integration, data pipelines, or Agile delivery.
• Experience with Prophet, MoSes, or comparable projection systems.
• *PFI Innovation Centre India welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.