Tax Analyst - Product Tax (Hybrid)

Prudential Financial • Newark, NJ

18h • $76,000 - $125,400 • 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! Product Tax is currently seeking a qualified candidate to fill a Tax Analyst vacancy, supporting Prudential’s retail and institutional businesses and Corporate Centers. The position requires a team player who is highly organized, adaptable, and flexible, with the ability to balance multiple projects simultaneously to achieve sustainable results. The current EWA for this position is Hybrid and requires your on-site presence on a weekly basis. Your manager will provide additional details relating to the specific number of days you are expected to be on-site. This position is for our Newark, NJ and/or Fort Washington, PA office. What you can expect: The Tax Analyst will provide tax guidance to Prudential’s Product areas, which include Individual Life Insurance, Group Insurance, Retirement Strategies, Asset Management, as well as the Corporate Centers (including Benefits, Compensation and Payroll). Main Responsibilities: Communicating IRS requirements to business partners, Assisting with implementation of new IRS guidance Ensuring products and services comply with all tax rules. Serve as a liaison between Corporate Tax and the applicable Business Group(s) and support business activity to ensure compliance with the tax rules. This is a high visibility position that requires individuals who can collaborate optimally with all levels of management. The position provides excellent opportunities for growth and development. It is ideal for an individual with the right skill set, who is energetic, motivated, creative, and proactive. Applicants are not required to have product tax knowledge when applying for this position. However, the successful candidate must have a willingness to expand technical tax skills, as well as the flexibility to move from supporting one Business Group to another. Technical and operational knowledge of the tax rules related to insurance and financial management products, including federal, state and local tax information reporting and withholding rules is helpful. Legal, compliance or risk, as well as operations or product background is helpful Travel to other Prudential locations may be required Prudential welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply. At Prudential, you can: Take charge of your career. We equip and empower our employees to expand their skills and experience by using powerful learning, gigs, and job opportunities. We offer a suite of services such as on demand resources and networking to propel your career forward. We’re a global organization, full of outstandingly dedicated people who aren’t afraid to think differently, challenge the status quo and take sensible risks along the way. You will enjoy pushing boundaries as we build innovative technology that helps clients, customers and employees live their best lives. You will have access to leadership and learning opportunities and the resources needed to take your career in any direction. We will help you do your best work, offering flexibility, while delivering on our Purpose.

Requirements

• Ability to perform technical research
• Solid written, verbal, and analytical skills
• Ability to work independently and collaboratively within a team, while taking ownership of assignments and projects
• Aptitude to learn through independent study and on-the-job assignments
• Strong work ethic and willingness to learn new technical concepts
• Ability to work well with others and display objectivity in difficult situations
• Organized, flexible and able to adapt quickly to changes
• Project management skills
• Bachelor’s degree or at least 5 years of experience working in a Prudential operation, product, legal, compliance or risk area

Nice To Haves

• Technical and operational knowledge of the tax rules related to insurance and financial management products, including federal, state and local tax information reporting and withholding rules is helpful.
• Legal, compliance or risk, as well as operations or product background is helpful

Responsibilities

• Communicating IRS requirements to business partners
• Assisting with implementation of new IRS guidance
• Ensuring products and services comply with all tax rules
• Serve as a liaison between Corporate Tax and the applicable Business Group(s) and support business activity to ensure compliance with the tax rules

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: Entry Level
• Number of Employees: 5,001-10,000 employees