IR On-Boarding Specialist at Prudential Ins Co of America in Moosic, Pennsylvania

Job Description:

Prudential’s global Pension Risk Transfer (PRT) business is the world’s leading provider of pension risk transfer solutions, specializing in transactions in the US and longevity risk transfer globally.  Prudential Retirement has positioned itself as a thought leader in this market focusing on the challenges faced by clients.  Our team has completed the largest and most noteworthy pension risk transfer and longevity risk transfer transactions ever done.  Prudential had been named “Reinsurer of the Year” by Risk Magazine.

The IR On-Boarding Specialists create a smooth transition experience for new transactions, and interacts extensively with clients, intermediaries and internal IR business partners.   

The responsibilities for this role include:

• Participate in pre-sale and “path to close” activities including reviewing legal documents to assess benefit structures and terms, client files, models, and samples to assess our administrative capabilities


• Identify challenges and risks for on-boarding and administering the terms of the contract, including recordkeeping system limitations, onerous tracking requirements, etc.


• Participate in negotiation meetings and raise any concerns with unique plan provisions


• Perform on-boarding activities for new transactions, including catching up the data experience, processing annual data reviews which includes reconciling the true-up settlement payment to/from Pru


• Develop a sophisticated transaction tools suite for accurate and efficient on-going administration through the life of the contract


• Write procedures specific to the contract terms and any special processing


• Work on special projects as needed

Qualifications:

• BS Degree or equivalent work experience


• 2 years longevity reinsurance experience, understanding IR processes, is preferred


• Advanced Excel skills
  • Developing macros and work with Visual Basics is a plus
  
  


• Discretion to deal with confidential information


• Keen attention to detail


• Problem solving ability


• Excellent written communication and presentation 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

RSRPRUD

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.