4/5 in supportive management
79% say women are treated fairly and equally to men
75% say the CEO supports gender diversity
Flexible work arrangements.
Extensive maternity and paternity leave, and child care benefits.
Women’s Initiatives to Grow, Network, and Share (WINGS) business resource group and targeted leadership development opportunities.
#R-112507
Job Classification:
Finance & Accounting - Finance & Accounting
The Individual Life Insurance Business has an opening for an Associate Manager within the Capital Management team and is seeking a motivated individual with strong financial analysis and interpersonal skills to join the team. The successful candidate will be responsible for supporting the reporting and forecasting of capital, liquidity, and stress testing as well as supporting capital related initiatives and ad-hoc projects. This includes supporting the implementation of capital management as well as monitoring, reporting and analysis of business returns on required capital under various capital frameworks. The position requires a solid understanding of financial results on GAAP, Statutory and Tax reporting bases and the ability to translate these into meaningful financial analytics as input to strategic business decisions.
Due to the complexity involved, broad knowledge of financial and actuarial concepts is preferred. This position will interact with various areas throughout Individual Life, Global Portfolio Management, and Actuarial, as well as throughout the Global Finance Community, including Treasury, Life Finance, Regulatory Reporting, and Tax.
Primary Responsibilities include, but are not limited to:
Lead the development of quarterly capital forecasts and actual results
Lead sensitivity analyses including LST, CPF and DST for the Individual Life and Closed Block segments
Support efforts to automate and streamline existing forecast and actual processes
Support the development of quarterly presentations and the annual capital plan for senior management
Partner with other finance areas, domestic business counterparts, and Corporate functions to effectively manage the forecasts within the larger planning and analysis cycle
Support ad hoc strategic business initiatives and presentations
Oversee junior staff as well as provide career development
The candidate will have an opportunity to interact with individuals at all levels, including senior financial and business unit management.
Qualifications include:
Undergraduate degree in Accounting, Finance, Economics or business/quantitative related field
3-5 years of financial management/analysis/research experience with exceptional analytical skills
Critical thinking and problem-solving experience
Proven ability to meet deadlines, prioritize assignments and manage multiple projects
Excellent oral and written communication skills
Ability to work well both independently and as part of a team
Proficiency in spreadsheet or database modeling in a controlled environment
Demonstrated leadership and partnering skills, including success in influencing outside of direct reporting line
Experience managing and developing staff
Strong knowledge of life insurance and actuarial concepts, GAAP, statutory and tax accounting and Prudential financial applications are preferred but could be enhanced through on the job training
Eagerness to learn the Individual Life business and its financial drivers of profitability
Overtime is necessary during the peak forecasting periods or in the cases of special deliverables and/or deadlines.
#LI-KG1
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 $86,300.00 to $128,400.00. 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 www.prudential.com 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 [email protected] for more information about doing business with Prudential.
PEOPLE WITH DISABILITIES:
If you need an accommodation to complete the application process, which may include an assessment, please email [email protected].
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 [email protected] to request assistance.
4/5 in supportive management
79% say women are treated fairly and equally to men
75% say the CEO supports gender diversity
Flexible work arrangements.
Extensive maternity and paternity leave, and child care benefits.
Women’s Initiatives to Grow, Network, and Share (WINGS) business resource group and targeted leadership development opportunities.