Associate Manager, Treasury at Prudential Ins Co of America in Newark, New Jersey

Job Description:

The Annuities Capital Management team is responsible for managing Required Capital, GAAP equity, capital cash flows, borrowing and liquidity for the Annuities business.  Additionally, the team supports capital and liquidity projects for new business initiatives, pricing and hedging strategies, and reinsurance projects.

The team interacts with various areas throughout Annuities and Financial Management, including Treasury, Chief Investment Office (Global Portfolio Management, Modeling & Analytics, and Trading & Hedge Management), Actuarial, Enterprise Risk Management and Tax.  Thus, the ability to partner effectively with other Annuities areas, Domestic Business counterparts and Corporate is critical.

The position will require the individual to have or to gain 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.

Key responsibilities include:

• Support enterprise capital initiatives including stress testing and the Risk Appetite Framework


• Support the quarterly forecast process with responsibility for required capital, capital cash flows, and liquidity


• Analyze, describe and present changes to forecast and actual required capital to Treasury, Annuities and senior management


• Support strategic projects and initiatives related to capital and liquidity


• Develop presentations for senior audiences

Qualifications

• Undergraduate degree in Accounting, Finance, Economics or business-related field is preferred


• 4+ years of financial management/analysis/research experience with exceptional analytical skills


• Progress towards or commitment to a CFA, CPA or MBA is preferred


• Demonstrated leadership and partnering skills


• Strong knowledge of insurance and actuarial concepts, GAAP, statutory and tax accounting are needed but could be obtained through on-the-job training


• Critical thinking and problem-solving experience are required


• Excellent oral and written communication skills


• Proven ability to meet deadlines, prioritize assignments and manage multiple projects


• Ability to work well both independently and as part of a team


• Presentation development and delivery skills are needed but can be enhanced while on-the-job

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.