Associate Manager, Investment Operations – Portfolio Administration, Valuation Accounting
PGIM
Financial Reporting Specialist, Accounting Implementation
Prudential Financial
full-time
Posted on:
Location Type: Hybrid
Location: Newark • New Jersey • 🇺🇸 United States
Visit company websiteSalary
💰 $72,900 - $108,600 per year
Job Level
Mid-LevelSenior
Tech Stack
Oracle
About the role
- Implementation of new accounting related to reinsurance initiatives which includes: Creating Statutory and GAAP accounting examples of new transactions based on accounting guidance
- Partnering with Operations to execute Table Maintenance System changes to support the accounting in the administration systems or reinsurance programs
- Partnering with technology to test accounting transactions and reports programmed in the administration system/sub-ledger (PIPS) to ensure correct STAT and GAAP reporting
- Updating relevant documentation to support the new business release
- Processing and monitoring proofs and controls related to the administration systems and reinsurance programs to ensure accounting is correct
- Researching and resolving issues related to these proofs
- Supporting other FSO teams, Operations and Finance in researching and resolving issues/questions related to policyholder accounting
- Providing internal and external audit support on policyholder accounting
- Various ad-hoc requests as needed
- Overtime required
Requirements
- Accounting degree
- 3-4 years of insurance accounting experience
- Strong partnering, written and oral communication skills
- Strong analytical and research skills
- Ability to meet deadlines, prioritize and manage multiple assignments
- Self-motivated, ability to work independently and as part of a team
- Detail oriented
- Willingness to learn
- Strong PC Skills including Excel, PowerPoint, and Word
- STAT and GAAP reporting and Financial Information Systems knowledge a plus
- Oracle ledger and PIPS sub-ledger knowledge a plus
- Knowledge of reinsurance accounting a plus
Benefits
- Medical, dental, vision, life insurance, disability insurance
- Paid Time Off (PTO)
- 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
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
insurance accountingSTAT reportingGAAP reportingfinancial information systemsreinsurance accountinganalytical skillsresearch skillsdocumentationproofs and controlsaccounting transactions
Soft skills
partneringwritten communicationoral communicationability to meet deadlinesprioritizationtime managementself-motivatedteamworkdetail orientedwillingness to learn
Certifications
accounting degree
