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PRT New Business Technical Specialist

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Prudential Financial

3.4

Multiple Locations

Why you should apply for a job to Prudential Financial:

  • 4/5 in supportive management

  • 79% say women are treated fairly and equally to men

  • 75% say the CEO supports gender diversity

  • Ratings are based on anonymous reviews by Fairygodboss members.
  • 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.

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    Position summary

    Job Classification:

    Investment Management - Investment Operations

    The PRT New Business Technical Specialist, on the PRT Client Services, New Business team, supports the on-boarding of new clients for the domestic Pension Risk Transfer market.  The Technical Specialist interacts extensively with any of the following:  clients, intermediary advisors, and internal business partners.  The New Business team is a critical contributor to the first impression that Prudential makes with new clients. 

    Primary Responsibilities:

    • Participate in the Pre Sale/Path to Close process including reviewing contractual documents, proposals/bid specs, and other documents to identify administrative challenges and solutions
    • Review client provided tools (generally Excel), models and calculation samples to access our processes for servicing the transaction
    • Create processing summaries to document the procedures for the on-going administration for new transactions
    • Perform on-boarding tasks, including any of the following: data review, participation in internal and external transition meetings, and writing procedures and processing instructions
    • Analyze risk and propose business solutions for the on-boarding of new transactions and report to various levels of management
    • Provide consultative support as needed to internal business partners for transactions recently on-boarded to understand processes, calculations, and other administrative items
    • Work on special projects as needed
    • Participate in client visits
    • Support audit work and participate in risk activities as needed
    • Handle most complex cases and coach junior level staff
    • Support technology builds for New Business as SME and/or tester as needed
    • Helps to train new hires 
    • Initiate and implement process/procedural improvements to improve operational efficiency

    Qualifications: 

    • Bachelor's degree or equivalent work experience

    • Minimum of 3 years Defined Benefit experience strongly preferred

    • 3-5 years PRT experience preferred

    • Strong Excel skills 

    • Must have a solid understanding of PRT operations and processes

    • Ability to interpret legal documents and propose modification

    • Discretion to deal with confidential information

    • Keen attention to detail

    • Problem solving ability

    • Excellent written communication and presentation development skills

    • Strong leadership skills with the ability to collaborate and influence across functional teams

    • Self-motivated and proactive

    • Flexible with the ability to work in a fast paced, dynamic environment

     

    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.

    About the company

    27860

    Prudential Financial

    Industry: Insurance: Life
    At Prudential, we understand that a company is only as good as its people. This simple fact is central to all that we do. We call it “the Talent Mindset” – a company-wide commitment to attract and develop the dedicated professionals whose insights, innovation, and hard work fuel our success and make us a global leader in financial services.

    Prudential is a company of smart, ambitious professionals working together across a multitude of disciplines. In 43 countries across the globe, we ...

    Why you should apply for a job to Prudential Financial:

  • 4/5 in supportive management

  • 79% say women are treated fairly and equally to men

  • 75% say the CEO supports gender diversity

  • Ratings are based on anonymous reviews by Fairygodboss members.
  • 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.

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