Job Classification:
Finance & Accounting - Finance & AccountingAt Prudential we believe talent is key to achieving our vision. When you join Prudential youll unlock a motivating and impactful career all while growing your skills and advancing your profession at one of the worlds leading financial services institutions!
Are you a detail-oriented self-driven individual with accounting experience who loves tackling complex challenges and collaborating across teams Do you want your work to drive real business outcomes and shape Prudentials future As part of our Accounting Implementation Solutions (AIS) team youll play an important role in setting up the automated accounting for reinsurance and making an impact on our business and customers. Were seeking an Accounting Implementation-Financial Reporting Specialist ready to innovate and grow with us.
As part of the Corporate Controllers Department and the CFO Organization of PFI the Finance Services Organization (FSO) is responsible for the controllership activities in support of the U.S. business units including the international activities performed domestically. The Accounting Implementation Solutions (AIS) team within FSO supports assessing and establishing policyholders commission and reinsurance accounting for Life Annuities and Retirement new business initiatives.
The Financial Reporting Specialist Accounting Implementation will partner with project leads to design and implement accounting for reinsurance initiatives ensuring Prudentials financial reporting remains best-in-class.
The successful candidate will also work closely develop relationships and become a trusted business advisor within the different FSO groups and to our business partners in Finance Actuarial Corporate Controllers Operations Separate Accounts Operations Product Strategy and Third-Party Administrators
The current employee work arrangement for this position is hybrid and requires your on-site presence on a reoccurring basis as determined by your business. Your manager will provide additional details relative to the specific number of days you are expected to be on-site.
What you can expect:
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 addition to 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.
What youll need:
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.
Itd be a plus if you had:
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.
Prudential welcomes all applicants even if you dont meet every requirement. If your skills align with the role we encourage you to apply.
At Prudential you can:
Take charge of your career. We equip and empower our employees to expand their skills and experience by using powerful learning gigs and job opportunities. We offer a suite of services such as on demand resources and networking to propel your career forward.
Were a global organization full of outstandingly dedicated people who arent afraid to think differently challenge the status quo and take sensible risks along the way. You will enjoy pushing boundaries as we build innovative technology that helps clients customers and employees live their best lives. You will have access to leadership and learning opportunities and the resources needed to take your career in any direction. We will help you do your best work offering flexibility while delivering on our Purpose.
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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.
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.
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Required Experience:
IC