Senior Corporate Development Associate

Prudential • Newark, NJ

54d • Hybrid

About The Position

The Corporate Development Group at Prudential Financial Inc. is responsible for acquisition and divestiture activities across Prudential's various businesses, both in the United States and internationally. Since the group's inception in the late 1990s, the group has closed more than 120 transactions with aggregate value in excess of $35 billion. The group is also responsible for sourcing acquisitions as well as developing select strategic analyses to support Prudential's executive team. The Corporate Development Associate role is an M&A transaction execution-focused position that provides significant exposure to the full spectrum of Prudential's global businesses as well as frequent interaction with Prudential's senior leadership team. The environment is fast-paced and exciting, and the role offers a unique opportunity to be part of a team that leads some of the highest priority and most impactful transactions that help shape the future of Prudential. The current EWA for this position is Hybrid and requires your on-site presence 3 days per week. You manager will provide additional details relative to days you are expected to be on-site.

Requirements

• 4-7 years of prior work experience
• Investment banking or M&A transaction-related experience is preferred, but not required
• Life insurance, reinsurance or broader financial services industry experience is a plus, but not required
• Strong financial modeling skills
• Team player with strong project management skills
• Excellent verbal and written communication skills

Nice To Haves

• Investment banking or M&A transaction-related experience is preferred, but not required
• Life insurance, reinsurance or broader financial services industry experience is a plus, but not required

Responsibilities

• Management and execution of all aspects of the M&A process
• Evaluation of potential acquisition and divestiture targets including detailed financial analysis and an assessment of strategic fit
• Complex modeling of pro forma scenarios to assess the financial impact of potential acquisitions and divestitures on Prudential
• Production of executive-friendly communications and materials (including presentations, memos, and financial analysis) to inform senior management and facilitate decision-making
• Significant engagement with functional business partners across Prudential including Finance, Tax and Accounting among many others
• Frequent communication with senior leadership at Prudential
• Coordination of cross functional due diligence to evaluate the risks and opportunities of M&A transactions
• Other select and high-priority strategic analyses for Prudential's executive leadership team

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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Insurance Carriers and Related Activities
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees