Hybrid Quant Portfolio Analytics Associate

PGIM, Inc.; Newark (NJ); Hybrid; USD 135,000 - 145,000; Full time

Benefits offered by this job

Market competitive base salary

Annual bonus

Medical, dental, vision insurance

401(k) plan with company match

Pension plan

Wellness programs

Education benefit

Employee stock purchase plan

Job summary

PGIM, the global asset management business of Prudential, is seeking a senior Quant focused on portfolio analytics in Newark, NJ. The role centers on building and refining a state-of-the-art portfolio optimization platform using asset-liability simulations and economic scenario generation.

You will work with cross-functional teams to model diverse asset classes, both live deals and in-force business, in a hybrid office setting. The ideal candidate holds an Economics/Finance Ph.D.

Qualifications

• PhD or advanced quantitative degree in economics/finance.
• Strong Python proficiency with data libraries and transformer/AI basics.
• Solid knowledge of probability, statistics, stochastic models, yield curves, fixed income.

Responsibilities

• Build stochastic models for asset-liability simulations.
• Develop macro-factor and asset-level models for the scenario generator.
• Enhance analysis for new asset classes with sparse data.
• Attribute changes in liability metrics to risk factors.
• Apply quantitative and AI methods to investment-strategy problems.
• Collaborate with PGIM teams to model strategies across asset classes.

Skills

Python programming

Quant finance theory

Education

Economics or Finance Ph.D. / quantitative degree

Tools

Python (pandas, numpy, scipy)

Job description

PGIM, the global asset management business of Prudential, is seeking a senior Quant focused on portfolio analytics in Newark, NJ. The role centers on building and refining a state-of-the-art portfolio optimization platform using asset-liability simulations and economic scenario generation.

You will work with cross-functional teams to model diverse asset classes, both live deals and in-force business, in a hybrid office setting. The ideal candidate holds an Economics/Finance Ph.D.