PGIM - US Economist

Prudential Financial

Newark (NJ)

Hybrid

USD 145,000 - 155,000

Full time

9 days ago

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Benefits offered by this job

Market-competitive base salary

Annual bonus potential

Medical/dental/vision insurance

401(k) with company match

Pension plan

Wellness programs

Work/Life resources

Education benefit

Employee stock purchase plan

Job summary

Prudential Financial's PGIM Credit arm is seeking a US Economist to join the Global Macroeconomic Research Team in Newark. You will track US indicators, develop forecasts, and build macroeconomic models in a hybrid office-based role.

You will report to the Chief US Economist and collaborate with the broader macro team, leveraging Python, Bloomberg, and related data tools to inform investment perspectives.

Qualifications

5–7 years of experience analyzing and forecasting the US economy in financial institutions, central banks, think tanks, or similar.
Hands-on experience building, testing, and interpreting macro forecasting models and regression analyses.
Experience tracking US data across growth, inflation, labor markets, and Fed policy.
Strong quantitative skills with Python, Stata, EViews, or R.

Responsibilities

Track, analyze, and forecast key US economic indicators and revisions to refine views on growth, inflation, and labor markets.
Develop and maintain macroeconomic models for major variables.
Create charts and analytical tools; access new data sets; expand analysis toolkit.
Enhance macroeconomic and financial databases and automate chart books.
Support regional economists and strategists with research.

Skills

US macroeconomics

Forecasting models

Data analysis

Python/R/Stata

Investment communications

Team collaboration

Education

Economics / Econometrics / Statistics / Mathematics degree

Tools

Haver Analytics

Bloomberg

Python

Stata

EViews

Job description

Job Classification: Investment Management - Investments A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE As the Global Asset Management business of Prudential, we’re always looking for ways to improve financial services. We’re passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world. We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading global asset managers! If you’re not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that’s investing in your future by shaping tomorrow today. At PGIM, You Can!

What you will do

PGIM Credit is seeking a US Economist to join the Global Macroeconomic Research Team. We are looking for an economist with strong knowledge of the US economy and hands‑on experience tracking economic data, developing forecasts, and building and maintaining macroeconomic models. As part of the US macro team, you will help formulate and refine the firm’s views on the US economy, including the outlook for growth, inflation, labor markets, and Federal Reserve policy. You will closely monitor incoming economic data, assess how new information affects the outlook, and use quantitative models to identify risks to the team’s views. You will report to the Chief US Economist and work closely with members of the broader Global Macroeconomic Research Team.

This is a hybrid position based in Newark, NJ, with an expectation of being in the office three days per week. This role is ideal for someone currently working on, or with experience supporting, a US economics or macroeconomic research team within a financial institution, central bank, think tank, or similar research environment.

What you can expect

Own and contribute to the tracking, analysis, and forecasting of key US economic indicators, assessing incoming data, underlying components, and revisions to refine the team’s views on growth, inflation, labor markets, and Federal Reserve policy.

Building, refining, and maintaining macroeconomic models for growth, inflation, and other key variables.

Building new charts and analytical tools for tracking and assessing US data; developing access to new data sets; expanding the macro team’s data analysis toolkit.

Further developing macroeconomic and financial databases and automating related chart books.

Supporting the research and other analytical work of regional economists and strategists on the team.

What you will bring

5–7 years of relevant experience analyzing and forecasting the US economy, ideally within a financial institution, central bank, think tank, or economic research organization.
Hands‑on experience building, testing, maintaining, and interpreting macroeconomic forecasting models and regression‑based analyses.
Demonstrated experience tracking and forecasting US economic data across areas such as growth, inflation, labor markets, consumption, and Federal Reserve policy.
Strong knowledge of US macroeconomics and the ability to interpret incoming data, including underlying components, revisions, and implications for the economic outlook.
Strong quantitative and programming skills, with hands‑on experience using Python, Stata, EViews, R, or similar analytical tools.
Experience working with economic and financial datasets and platforms such as Haver Analytics, Bloomberg, or similar sources.
Ability to communicate quantitative findings and economic conclusions clearly to both technical and investment audiences.
B.A. or M.A. in Economics, Econometrics, Statistics, Mathematics, or a related quantitative field.

What will set you apart?

High attention to detail.
Ability to organize and prioritize tasks under tight deadlines.
Excellent writing skills; prior experience writing up US data releases and related market commentary preferred.
Capacity to work well both independently and as a team member.
PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.

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 $145,000 to $155,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. This role is also 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.

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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 Programs including 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).
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.

To maintain the integrity and security of our hiring process, Prudential may use identity verification technologies. Your consent will be obtained before any verification takes place.

If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com.

If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.

Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately $1.4 trillion in assets under management as of Dec. 31, 2023, 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 150 years.

For more information please visit news.prudential.com.

Our Commitment to an Inclusive Workplace Prudential Financial, Inc. serves its customers in more than 40 countries and territories, and we seek talented, creative individuals from a variety of backgrounds, worldviews, and life circumstances to work with us. We are focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We don’t just accept difference—we celebrate it, support it, and thrive on it.

At Prudential, employees have a unique opportunity to build their career path by owning their development, their career, and their future. We encourage employees to hone their skills and explore continued opportunities within Prudential.