What are the responsibilities and job description for the Associate Manager, Planning and Analysis - ALM (Hybrid) position at Prudential Ins Co of America?
Job Classification: Finance & Accounting - Finance & Accounting The ALM Finance Planning and Analysis team is seeking a results-oriented, accountable, and highly dependable candidate with strong leadership capabilities. The team holds key responsibilities for the internal management reporting of domestic general account investment results and maintains controllership responsibilities within the group. The Associate Manager, Planning and Analysis is responsible for delivering timely, accurate, and reliable financial management information. The role focuses on the operation, enhancement, and oversight of reporting systems that facilitate the production of management information. Key responsibilities include budgeting, forecasting, variance analysis, and providing clear commentary on variances. The incumbent is expected to have strong knowledge of day-to-day product or process activities, with the ability to resolve routine issues independently and seek input for resolving complex matters. This position may involve oversight of a small team or key process, with full ownership of multiple processes, reports, procedures, or products. The role is considered an analytical or procedural expert, representing their unit or team on cross-functional process or project deliverables. A solid understanding of the supported businesses and relevant industry experience is expected. What you'll do: Preparing the quarterly investment forecast Analyzing both actual and forecasted results Presenting analysis to key stakeholders such as Business Unit Finance teams, the CIO organization, and Senior Management Focusing analysis on drivers impacting invested asset balances and investment income (e.g., market rates/spreads, business cash flows, portfolio asset mix, derivative instruments) Maintaining a strong control environment to ensure accuracy and timeliness of reported results Delivering clear, insightful analysis to communicate the underlying story to stakeholders Additional responsibilities include partnering with CIO portfolio management teams to deepen understanding of investment portfolio activities and strategies, developing analytical models, and preparing ad hoc analyses for senior management. What you'll need: Energetic and open to new perspectives Continually seeks process and analytical improvements Flexible when priorities shift Promotes a team environment with a focus on associate development Demonstrates working knowledge of investment securities and related accounting treatments (GAAP, RBC, STAT) Undergraduate or Master’s degree in accounting or finance CPA or CFA designation preferred; MBA is a plus Strong background in financial analysis, reporting, and accounting Solid understanding of investment securities and related accounting Experience with STAT accounting is a plus Reliable, accountable, and able to work under tight deadlines Effective collaborator and team player Strong written and verbal communication skills Displays leadership and talent management awareness What we offer you: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $89,000.00 to $147,000.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. 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. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week. Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom. 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. If you need an accommodation to complete the application process, please email accommodations.hw@prudential.com. If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance. Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately $1.4 trillion in assets under management as of Dec. 31, 2023, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees help make lives better and create financial opportunity for more people by expanding access to investing, insurance, and retirement security. Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for 150 years. For more information please visit news.prudential.com. Our Commitment to an Inclusive Workplace Prudential Financial, Inc. serves its customers in more than 40 countries and territories, and we seek talented, creative individuals from a variety of backgrounds, worldviews, and life circumstances to work with us. We are focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We don’t just accept difference—we celebrate it, support it, and thrive on it. At Prudential, employees have a unique opportunity to build their career path by owning their development, their career, and their future. We encourage employees to hone their skills and explore continued opportunities within Prudential. PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU), is a global investment manager with US $1.3 trillion in assets under management as of Dec. 31, 2023. With offices in 18 countries, PGIM’s businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate, and alternatives. For more information about PGIM, visit pgim.com. Prudential Financial, Inc. (PFI) of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom, or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. For more information please visit news.prudential.com. PGIM Inc. (PGIM) is the principal asset management business of Prudential Financial, Inc. (PFI), a company incorporated and with its principal place of business in the United States. PFI of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. Our Commitment to an Inclusive Workplace Prudential Financial, Inc. serves its customers in more than 40 countries and territories, and we seek talented, creative individuals from a variety of backgrounds, worldviews, and life circumstances to work with us. We are focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We don’t just accept difference—we celebrate it, support it, and thrive on it. At Prudential, employees have a unique opportunity to build their career path by owning their development, their career, and their future. We encourage employees to hone their skills and explore continued opportunities within Prudential.
Salary : $89,000