Prudential

Manager, Treasury

Posted on: 4 Apr 2021

Newark, NJ

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, new product designs, 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 a solid understanding of financial results on GAAP, statutory and tax reporting bases, and the ability to translate these into meaningful financial analytics as inputs to strategic business decisions.

Key responsibilities include:

* Leading workstreams to support strategic projects and initiatives related to capital and liquidity
* Creation of exhibits and presentations to gain approval of new product cost of capital from Annuities and Treasury senior leaders
* Supporting the quarterly reporting process with responsibility for required capital and capital cash flows
* Develop presentations for senior audiences to support ad-hoc strategic initiatives

Qualifications

* Undergraduate degree in Accounting, Finance, Economics or business-related field is preferred
* 5+ 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

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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.

Prudential

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.

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