Associate Manager, Financial Reporting (Hybrid)

Prudential Financial • Newark, NJ

3d • $89,000 - $147,000 • Hybrid

About The Position

At Prudential, we believe talent is key to achieving our vision. When you join Prudential, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading financial services institutions! An opportunity as an Associate Manager, Financial Reporting, is available supporting the Controllers team in the Individual Life Insurance (“ILI”) business. This role will support accounting policy on both a GAAP and Statutory basis for the Individual Life Insurance business and Closed Block Division (“CBD”). This role will also support the execution of a quality SOX & MAR control environment in ILI and CBD. This critical role works closely with senior business management and is charged with supporting the Accounting Policy function for ILI, which includes being an integral part of project teams, with participation in strategy and execution, as well as ensuring proper accounting policies are documented and implemented. The individual will have significant exposure to many senior leaders and other groups. This role will also support the annual requirements of the SOX/MAR frameworks. The current employee work arrangement for this position is hybrid and requires your on-site presence on a reoccurring basis as determined by your business. Your manager will provide additional details relative to the specific number of days you are expected to be on-site.

Requirements

• Strong leadership and communication skills.
• Ability to collaborate with others to drive strategy and execution.
• Some GAAP and Statutory accounting & reporting experience in the insurance industry including a basic knowledge of insurance industry GAAP and Statutory accounting policies and concepts.
• Introductory level understanding of insurance-related actuarial concepts and reinsurance.
• Degree in Accounting or related field.

Nice To Haves

• CPA designation with public accounting experience.

Responsibilities

• Supporting the Accounting Policy function within ILI Controllers including the documentation of transactions such as capital management projects, actuarial and investment initiatives, new products, and new accounting guidelines.
• Supporting the implementation and ongoing governance of new product implementation.
• Supporting the SOX/MAR control framework in ILI and CBD.
• Manage relationships with corporate centers and other internal parties including Corporate Controllers, Financial Services Organization (FSO), Risk Management, Legal, Tax, internal and external auditors, Treasurers, Asset & Liability Management, and Actuarial.

Benefits

• Market competitive base salaries, with a yearly bonus potential at every level.
• Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave.
• 401(k) plan with company match (up to 4%).
• Company-funded pension plan.
• Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.
• Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
• Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
• Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.
• Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level