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, as well as the ability to translate these into meaningful financial analytics as input to strategic business decisions.
Key responsibilities of the role 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
Undergraduate degree in Accounting, Finance, Economics, or business-related field is preferred
3+ 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 firstname.lastname@example.org for more information about doing business with Prudential.
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Original source: Indeed