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Senior Financial Operations Analyst

Prudential


Location:
Newark, NJ
Date:
09/19/2017
2017-09-192017-10-18
Job Code:
422938
Prudential
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Job Details

Position Title: Senior Financial Operations Analyst
Job Code: 422938
Job Location: New Jersey-Newark
Description:

 

The Separate Accounts Operations department, a division of Annuities Finance, is responsible for daily operations such as cash trading, product pricing and performance reporting supporting to the individual life and annuity separate accounts.  In addition, the department oversees the production of monthly reports, investment accounting and the operational relationship with various fund managers.
 
The primary responsibilities of the role are as follows:
  • Participate and oversee systems testing for new marketing initiatives (such as new product or fund additions) as they relate to our Pricing and Trading processes.  This includes checking the setup of new codes on our UVT System, verifying inbound and outbound test feeds and performing mock operational cycles.
  • System maintenance such as performing unit value corrections and updating funds due to name changes.
  • Price and Trade processes oversight and review.  Monitor pricing and trading activity to ensure accurate execution of the processes. 
  • Research and resolve issues to ensure unit values are correct and Separate Account assets are aligned with Contract Holder Liabilities.
  • Confirm trades, cash settlements and complete and/or review daily reconciliations
  • Perform and oversee month-end close responsibilities.  This entails ensuring the production and accuracy of all reports, preparing proofs and reconciliations and distributing asset and contract holder activity information to our internal customers.
  • Perform and oversee year-end close responsibilities.  Prepare prospectus data for our registered Variable Annuities Products.  Includes making changes based on auditors' comments and reviewing filings after receipt from our printing company.
  • Participate in various projects related to process efficiencies and improvements.
  • Various ad-hoc requests for data residing in our UVT System.
  • Maintain contacts and relationships with various fund managers to facilitate the successful execution of daily operations.
  • Support of audit inquiries from Internal Audit, PwC and D&T on operational tasks and responsibilities.
  • Potential for leadership and development of a direct report

  • Bachelor’s Degree in a business curriculum, such as Accounting, Finance, etc.
  • Must be able to perform both financial reporting and operations roles
  • Proficient with Microsoft Excel - prior experience with Macros and Lookups is desired
  • Ability to work both independently and as part of a team
  • Strong analytical, organizational and problem solving skills
  • Strong interpersonal, communication and partnering skills
  • Self-motivated, innovative and proactive
  • Ability to demonstrate a high degree of initiative
  • Proven ability to problem solve both independently and as part of a team
  • Overtime is required during peak reporting periods and for operations’ related initiatives or issues

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 www.prudential.com 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 staffingagencies@prudential.com for more information about doing business with Prudential.
Job Function: Accounting/Finance
Schedule: Full-time
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