The Accounting Implementation Financial Reporting Associate Manager will be primarily responsible to partner with Business lead to support administration systems policyholder and commission accounting implementation for new business initiatives including:
* Review new product design memorandums and accounting policy guidance memo in conjunction with existing policyholder accounting to determine any new accounting or accounting elements required to support the initiative
* Document and create a summary of the accounting impacts of the initiative in a summary assessment (Accounting Impact Form)
* Create Statutory and GAAP accounting examples of new transactions
* Partner with Operations to execute Table Maintenance System changes
* Partner with technology to test accounting transactions and reports programmed in the administration system/sub-ledger (PIPS) to ensure correct STAT and GAAP reporting
* Update relevant documentation to support the new business release
* Supporting other FSS teams, Operations and Finance in researching and resolving issues/questions related to policyholder accounting
* Providing internal and external audit support on policyholder accounting
* Various ad-hoc requests as needed
The successful candidate will also work closely, develop relationships, and become a trusted business advisor within the different FSS groups and to our business partners in Finance, Actuarial, Corporate Controllers, Operations, Separate Accounts Operations, Product Strategy, Allstate, Hartford, and Third Party Administrators.
Qualifications:
* Accounting degree
* 3-5 years of accounting experience
* Strong partnering, written and oral communication skills
* Strong analytical and research skills
* Ability to meet deadlines, prioritize assignments and manage multiple assignments
* STAT and GAAP reporting and Financial Information Systems knowledge a plus
* Strong PC Skills including Excel, PowerPoint, and Word
* Oracle ledger and PIPS sub-ledger knowledge a plus
* Self-motivated, ability to work independently and as part of a team
* Detail oriented
* Willingness to learn
* Overtime required
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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.
Newark, NJ
Prudential Financial, Inc., through its subsidiaries, provides insurance, investment management, and other financial products and services. It operates through PGIM, U.S. Workplace Solutions, U.S. Individual Solutions, and International Insurance divisions. The PGIM division offers an array of asset management and advisory services related to public and private fixed income, public equity and real estate, commercial mortgage origination and servicing, and mutual funds and other retail services to institutional, private, and sub-advisory clients, as well as to insurance company separate accounts, government sponsored entities, and the general account.
The U.S. Workplace Solutions division provides a range of retirement investment, and income products and services to retirement plan sponsors in the public, private, and not-for-profit sectors; and group life, long-term and short-term group disability, and group corporate-, bank-, and trust-owned life insurance in the United States, primarily to institutional clients for use in connection with employee plans and affinity groups.The U.S. Individual Solutions division develops and distributes individual variable and fixed annuity products, principally to the mass affluent and affluent markets; and individual variable, term, and universal life insurance products to the mass middle, mass affluent, and affluent markets in the United States.
The International Insurance division develops and distributes individual life insurance, retirement, and related products to the mass affluent and affluent markets in Japan, Korea, and other foreign countries, as well as middle income and mass affluent markets. The company offers its products and services to individual and institutional customers through its proprietary and third-party distribution networks. Prudential Financial, Inc. was founded in 1875 and is headquartered in Newark, New Jersey.