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Associate Manager, Treasury

Company: Prudential
Location: Newark
Posted on: June 6, 2021

Job Description:

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 as well as 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. This individual may be responsible for the development of at least one staff member.

Responsibilities include:

  • Support the development of quarterly capital forecasts and actual results
  • 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

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.
  • 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 staffingagencies@prudential.com 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 call (800) 433-8960, prompt 4 or email accommodation.h&w@prudential.com.

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

Keywords: Prudential, Newark , Associate Manager, Treasury, Other , Newark, New Jersey

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