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Job Details


Associate - CIO Quantitative Analysis



Full Time

On Site


Newark, New Jersey, United States

Job Classification:

Investment Management - Investments

Job Description:

  • Be a member of the quantitative analysis team within the Chief Investment Office of a leading U.S. financial service company ($1.7 trillion AUM, providing Investment Management, Insurance, and Retirement services)
  • As a member of the quant team, you will directly support Traders and PMs in a fast-paced environment and provide quantitative analysis on Prudential’s Asset-Liability Management and Capital Markets Hedging activities
  • Hybrid working arrangement (1~2 days a week in the office)
  • H1-B sponsorship will be considered

Main Responsibilities:

  • Quantitative developer role, with initial mandates focus on implementing pricing, risk, P/L, and attribution methodology based on the guidance from senior team members
  • Research and implement interest rate, equity, credit, foreign exchange, and inflation models used in valuation of domestic and international products and ESG solutions across the company
  • Interface with CIO’s technology team to build market data and trade databases, automate data feeds
  • Support analysis and research related to implementation of hedging strategies


  • Demonstrated ability to independently take on quantitative strategy and analysis initiatives
  • Must have hands-on experience with Python
  • Must have a functional understanding of derivative pricing theory and practice
  • Hands-on experience with Numerix SDK is desirable
  • Experience with Matlab/C++/C# is a plus
  • Minimum 2 years working experience in rates or equity derivatives modeling
  • Higher degree in financial engineering, mathematics, computer science, statistics, or other quantitative fields, consideration given to those with Bachelor’s degree and strong work experience.
  • Knowledge of derivative instruments, including options, swaps, and futures
  • Familiarity with various asset classes, such as fixed income, equities, credit, and foreign exchange
  • Familiarity with variable and fixed indexed annuities desirable

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 $106,000 to $135,000. 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. In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement.

Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.

We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit [Register to View] to learn more about our values, our history and our brand.

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.

The Prudential Insurance Company of America, Newark, NJ and its affiliates.

Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at [Register to View] .

Please note that the above email is solely for individuals with disabilities requesting an accommodation. If you are experiencing a technical issue with your application or an assessment, please email to request assistance.