drjobs Director, Treasury - Retirement Strategies Capital Management

Director, Treasury - Retirement Strategies Capital Management

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1 Vacancy
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Job Location drjobs

Newark - USA

Monthly Salary drjobs

$ 152500 - 206200

Vacancy

1 Vacancy

Job Description

Job Classification:

Finance & Accounting - Finance & Accounting

The Retirement Strategies Capital Management team is hiring a director to support and lead capital management functions of the Institutional Retirement Strategies business. The team is responsible for managing Required Capital GAAP equity capital cash flows product level returns new business initiatives and reinsurance support for Institutional Retirement Strategies.

The team interacts with various areas throughout Retirement Strategies and Financial Management including Treasury Chief Investment Office Actuarial Enterprise Risk Management and Tax. Thus the ability to partner effectively with other functional areas Domestic Business counterparts and Corporate is critical.

The position will require the individual to understand GAAP statutory and tax results translate those results into meaningful analytics and synthesize those analytics for Treasury and Retirement Strategies senior management in aid of strategic decision making.

What youll do:

  • Oversee capital management initiatives including capital forecasts actuals reporting and strategic projects related to capital and liquidity. Key deliverables include Required Capital RBC/statutory capital forecasts cash flow and excess capital analysis and support for product returns and capital consumption.
  • Develop and present high-impact financial presentations for senior leadership rating agencies regulators and the Finance Committee/Board of Directors highlighting key business drivers and financial metrics.
  • Lead financial analysis and reporting comparing actual results to prior periods and forecasts to deliver insights that inform strategic decision-making.
  • Support enterprise risk management frameworks including Treasury and Risk capital stress testing frameworks such as Deterministic Stress Testing.
  • Provide adhoc support for Retirement Strategies covering corporate finance capital management borrowing liquidity and cash flow optimization.
  • Manage and mentor a team of three fostering professional development and ensuring high-quality deliverables.

What youll need:

  • Undergraduate degree in Accounting Finance Economics or business-related field is preferred.
  • 7-10 years of financial management/analysis/research experience with exceptional analytical skills.
  • Progress towards or commitment to a CFA CPA or MBA is preferred.
  • Demonstrated leadership and partnering skills.
  • Strong knowledge of insurance and actuarial concepts GAAP statutory and tax accounting are needed but could be obtained through on-the-job training.
  • Critical thinking and problem-solving experience are required.
  • Excellent oral and written communication skills.
  • Proven ability to meet deadlines prioritize assignments and manage multiple projects.
  • Ability to work well both independently and as part of a team.
  • Presentation development and delivery skills are needed but can be enhanced while on- the-job.

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 $152500.00 to $206200.00. 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 $1600 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.


Required Experience:

Director

Employment Type

Full-Time

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