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Senior Associate, Investment Operations


El Segundo, CA
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Job Details

Position Title: Senior Associate, Investment Operations
Job Code: 429738
Job Location: California-El Segundo


 The Investment Operation Senior Associate (SA) performs a variety of administrative duties, including administering Corporate Owned Life Insurance, Split Dollar plans, Section 162 Bonus plans, Bank Owned Life policies, income disability plans and such administrative duties as Premium Listings (PL’s or Billings), monitoring of 7-pays and MECs, preparing and reconciling Fund Rebalancing, preparation of Asset Value Reports and other ad-hoc reports.  The SA position is also responsible for new case implementation. They will also assist in training as well as providing leadership to new associates. They will be the main contact point in working with external auditors.

Position Responsibilities:


  • Participate and lead in company, department, team and individual goals along with special projects and task forces.
  • Suggest and promote improvement of department processes, procedures and work product.
  • SA will make recommendations to Client Relationship Managers (CRM) Client Coordinators and Consultants regarding funding issues and asset allocation strategies.
  • Act in the capacity as a registered representative.
  • The SA will need to understand life policy illustrations.  As well as run illustrations to accommodate different scenarios/client needs.
  • Manage administration of corporate owned life insurance (COLI) plans on a proprietary database.
  • Extremely proficient in asset reallocation administration, implementation and execution.
  • Asset Value Reporting (AVR) proficiency. From carrier extraction, auditing and formatting of reports.
  • Administers the overall functions of the premium-crediting program, including preparation of the premium listing, following up as necessary to ensure monies have been received, and credited.  Reconciles and updates weekly records of premiums paid between Prudential and the carriers.
  • Monitors 7-pays and MECs with each premium payment.  Performs general analysis to determine if and when 7-pay capacity will run out.
  • Able to create and update all versions of the surrender analyses. From COLI data extraction to working with operations on retrieving the correct values from the liability side.
  • Creating asset/liability templates for delivery to CRM’s, consultants and client service team.
  • Generate and confirm accuracy of a variety of spreadsheets, reports and correspondence, as required.
  • Ensure compliance with plan rules and regulations.
  • Provide exceptional customer service to internal and external customers via phone, mail and electronic media.  
  • Coordinate activities of client, plan participants, trustee insurance companies and other affiliates.
  • Respond proactively to ad hoc requests from clients and management.
  • Formulate and maintain valued relationships with clients, carriers, peers and associates.
  • Other responsibilities and tasks may be assigned on an “as needed basis”.




  • Basic financial acumen with strong math skills.
  • Undergraduate degree in related field and/or relevant experience.
  • Knowledge of qualified or non-qualified benefit plan administration, life insurance, finance, accounting, financial modeling or other technically oriented benefits-related field is preferred.

  • Ability to anticipate needs and take effective action.

  • Detail oriented, analytical self-starter with a motivation to expand knowledge, skills and responsibility.

  • Knowledge of Excel spreadsheet database and Microsoft Word.

  • Ability to manage and prioritize projects and take an active role in problem solving/decision making.

  • Ability to meet deadlines and work both independently and as a team member.

  • Excellent verbal and written communication skills.

  • Utilizes reasoning ability to define problems, collect data, establish facts and draw conclusions.

  • FINRA Series 6 & 63 and state insurance license required within 120 days of hire.

Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.

We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit to learn more about our values, our history and our brand.

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status, or any other characteristic protected by law.

Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at for more information about doing business with Prudential.
Job Function: Operations
Schedule: Full-time
Apply on the Company Site
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