Prudential Financial

Manager, Financial Reporting – Accounting Implementation

Prudential Financial

full-time

Posted on:

Location Type: Hybrid

Location: Newark • New Jersey • 🇺🇸 United States

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Salary

💰 $118,700 - $176,600 per year

Job Level

Mid-LevelSenior

Tech Stack

Oracle

About the role

  • Implementation of new reinsurance initiatives and associated accounting which includes: Create project plans/deck, support/lead project meetings, identify/support resolution of open items/issues, and update relevant documentation to support the new reinsurance transaction
  • Review new reinsurance treaties and accounting policy guidance memorandums in conjunction with existing policyholder accounting to determine any new accounting or accounting elements required to support the reinsurance initiative
  • Review new product design memorandums in conjunction with existing policyholder accounting to determine any new accounting or accounting elements required to support reinsurance initiatives
  • Create and document a summary of the reinsurance initiatives and their unique accounting impacts of in a summary assessment
  • Create Statutory and GAAP accounting examples/flows of new reinsurance transactions based on accounting guidance
  • Partner with Reinsurance Program team to execute Table Maintenance System changes to support the accounting in the administration systems or reinsurance programs
  • Support other FSO teams, Operations and Finance in researching and resolving issues/questions related to reinsurance policyholder accounting
  • Provide internal and external audit support on policyholder accounting
  • Various ad-hoc requests as needed

Requirements

  • Accounting degree
  • Minimum of 6 years of 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 STAT and GAAP reporting and Financial Information Systems knowledge a plus
  • Strong PC Skills including Excel, PowerPoint, and Word
  • Oracle ledger and PIPS sub-ledger knowledge a plus
  • Knowledge of reinsurance accounting a plus
  • Overtime required.
Benefits
  • Medical, dental, vision, life insurance, disability insurance
  • Paid Time Off (PTO)
  • 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
accountingreinsurance accountingGAAPSTATfinancial information systemsanalytical skillsresearch skillsproject managementdocumentationaudit support
Soft skills
partneringwritten communicationoral communicationability to meet deadlinesprioritizationself-motivatedteamworkdetail oriented
Certifications
accounting degree