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Job Details


Prudential

Manager, Treasury- Capital Management

Retail

All

Full Time

On Site

No

Newark, New Jersey, United States

Job Classification:

Finance & Accounting - Finance & Accounting

The Treasury Department of Prudential Financial has an opening in the Structured Finance Solutions Group (Captive Solutions). This group is responsible for all aspects of Captive Management and Solutions for the Individual Life Insurance (ILI) captives. The successful candidate will be responsible for supporting the captive reserve financing program, including deal origination, counterparty relationship management, ongoing deal administration, monthly cash and investment portfolio monitoring and associated regulatory work, in addition to broader strategic projects. Because of the complexity involved, broad knowledge of financial concepts is required. This position will interact with various areas throughout the Global Finance Community, including Treasury, ILI Finance, Regulatory Reporting, and Tax, as well as Legal, Actuarial and CIO.

Primary Responsibilities will include:

  • Support captive reserve financing transactions, which includes leading the execution phase of new transactions, coordinating due diligence requests with counterparties, planning and executing issuances under existing facilities, and other strategic projects.

  • Partner with the broader Captive Solution Team, Treasury, and ILI Finance on strategic projects to optimize the capital and financial benefits of the captive structures.

  • Support Actuarial department’s annual captive capital modeling and strategic initiatives including planning and execution of annual capital transactions.

  • Support Global Portfolio Management in the management of the captive’s investment portfolios

  • Responsible for various reporting and analysis for captives, including surplus note financing, reserving requirements, rating agency surveys, etc.

  • Coordinate and support the preparation of senior executive presentations for Rating Agencies, the Captive Board of Directors, and other regulatory bodies.

  • Manage the ongoing administration and compliance with reserve financing transaction legal documents and AG48 and credit for reinsurance regulatory trust requirements.

  • Support various regulatory requests.

  • Support other ad hoc strategic projects and presentations as the need arises.

The successful candidate will have the following qualifications:

  • Undergraduate degree in Accounting, Finance, Economics or business/quantitative related field

  • CFA or CPA candidate preferred

  • 5+ years of financial management/analysis/research experience with exceptional analytical skills

  • Strong knowledge of life insurance and actuarial concepts, GAAP, statutory and tax accounting and Prudential Financial applications are needed, but could be enhanced through on the job training

  • Highly motivated and creative problem solver; strategic thinker on financial, risk and capital management issues

  • Ability to work independently to drive results while building relationships throughout the Enterprise

  • Proven ability to meet deadlines, prioritize assignments and manage multiple projects

  • Ability to work well both independently and as part of a team

  • Advanced Excel skills with demonstrated ability to navigate complex data sets

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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 [Register to View] 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 [Register to View] .

Please note that the above email is solely for individuals with disabilities requesting an accommodation. If you are experiencing a technical issue with your application or an assessment, please email to request assistance.