Acronyms
ROE
What is Return on Equity?
These are new accolades issued by the SOA to promote various levels of actuarial training.
What are microcredentials?
This program is the most common tool for actuaries and now part of FSA exams.
What is Excel?
This new FMTD member is currently training as an amateur boxer.
Who is Urvashi?
This person is the current CEO of Prudential and has been in this position since taking over for John Strangfeld in 2017.
Who is Charlie Lowrey?
VNB
What is Value of New Business?
This is the most common SOA FSA track for associates at Pru due to its alignment with our core business. Other relevant tracks include corporate finance & ERM, Retirement, and Quantitative Finance & Investments (QFI).
What is individual life and annuities (ILA)?
This powerful visualization program utilizes power query to link data to a dashboard that provides flexible charts and tables.
What is PowerBI?
This FMTD member has never eaten Taco Bell.
Who is Kelsey Murray?
This is the current chief actuary of Prudential, taking over for the recently retired Candace Woods.
Who is Brad Harris?
RAC
What is Risk Adjusted Capital?
This saying about insurance indicates the difficulty and cost at which products are supplied in the market to potential policyholders. "Insurance is ____, not ____"
What is "Insurance is sold, not bought"?
This program uses matrix calculations to efficiently handle large scale amounts of data. This is the home for many annuity pricing models at Pru.
What is MATLAB?
This FMTD member is afraid of dogs, even small ones!
Who is Kim Clark?
This ex-senator founded Prudential in 1875 and was also known as the "Father of Industrial Insurance." A lecture hall in the Plaza building still bears his name.
Who is John Dryden?
UAT
What is User Adequacy Test?
This is the standard US capital metric, where factor-based risk charges are assigned to pertinent risks like asset credit, insurance, interest rate, and general business risk. The primary goal of this regulation is solvency of insurers to protect policyholders.
What is Risk-Based Capital (RBC)?
This open-source coding language is relied on by the team for many of our transformation and automation efforts. This is often regarded as the most common coding language globally.
What is Python?
This FMTD member went skydiving for her friend's 30th birthday.
Who is Christina Marciona?
As part of the transition to the FAC org structure, the chief actuary and subsequently all of actuarial report through this person, the company's CFO.
Who is Ken Tanji?
EUCs
What is End-User Calculations?
This is the minimum regulatory reserves that insurance business issued in the United States must hold, which are focused on a balance sheet solvency perspective.
What is Statutory (STAT) Reserves?
This program stores and manipulates large quantities of data through queries.
What is SQL/ SQL Server?
[2 part answer] This FMTD member will be covering for this other team member as she departs next month for maternity leave.
Who are Jacky and Kelsey?
These two people are the current chairs of the ALDP.
Who are Allison Steinmetz and Brian Peterfreund?