Director, Planning & Analysis

The Asset Liability Management (ALM) Finance team is seeking a results oriented, adaptable and dependable candidate with strong investment accounting knowledge and proven leadership abilities for a Director (8P) role.

ALM Finance is part of the Corporate Controllers organization and has responsibility for financial reporting and analysis of the General Account’s invested assets. This role is within ALM Finance’s Planning and Analysis team which is primarily responsible for the internal management reporting and forecasting of the domestic general account investment results for the base forecast and Deterministic Stress Testing (DST) scenarios. The ALM Finance P&A team leverages the Investment Planning Model ("QRM") to produce the quarterly investment forecast. This director role leads the team which has primary oversight of this model and partners with ALM’s O&S support to execute the model runs along with leading on-going development efforts to enhance the model and drive efficiency in the process.

This role will also support the ALM Finance financial reporting team and oversee certain deliverables (e.g. IAIS and Rating Agency surveys) in peak reporting cycle periods. In both areas, the primary goals include maintaining a strong control environment to ensure timely and accurate reporting of results, while also preparing insightful analysis to convey the notable takeaways to key constituents in a clear and concise manner.

This position leads a staff of two associates and will be responsible for the continued growth and development of the team.

The ideal candidate will have a collaborative mindset, offer new perspectives, seek to make continual improvements in process and analysis, remain flexible when faced with shifting priorities and strive to build a team environment where associate development is a key focus. Candidates should be able to demonstrate working knowledge and accounting treatment of investment securities on a GAAP and Stat basis.

Specific responsibilities include:
  • Oversight of the quarterly forecast and annual stress scenario planning model processes, including coordination with ALM’s O&S team, assumption input collection and review with key partners (e.g. PGIM, Investment Risk), along with output review and analysis
  • Primary point of contact for on-going planning model development [Liquidity Stress Testing (LST), derivative projection updates (Hedgesim), and other enhancements (e.g. Deterministic Projection Capabilities - DPC)]
  • Oversight of the review and analysis of C-1 risk projections for the general account portfolio as part of the Risk Based Capital (RBC) framework
  • Planning Model Management functions including Leadership and Steering Committee communications, enhancement prioritization and Model Governance responsibilities
  • Coordination with Treasurers and business partners for investment sections of industry surveys: Rating Agencies (Moody’s, Fitch, AM Best, S&P), IAIS & Fed reporting (Data Collection, Field Test, TIC & FC-2).
  • Other ad-hoc and special projects

Qualifications:
  • 10+ years of work experience in financial analysis or reporting with Investments experience
  • Bachelor’s degree in accounting, finance, or similar. CPA, MBA and CFA a plus
  • Strong communication and interpersonal skills are necessary with an ability to interact effectively with senior levels of management
  • Ability to collaborate across the Finance teams and foster relationships across multiple business partners including Investment Operations, PGIM (asset managers), CIO, Investment Risk, Corporate Management Reporting (GAAP and Stat P&A), Actuarial, etc.
  • Reliable and accountable, with ability to work under tight time constraints
  • Strong organizational and analytical skills; careful attention to detail
  • Displays leadership skills and talent management awareness
  • Flexibility to work overtime as required during peak reporting periods
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Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

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, 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.

The Prudential Insurance Company of America, Newark, NJ and its affiliates.

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.

PEOPLE WITH DISABILITIES:
If you need an accommodation to complete the application process, which may include an assessment, please call (800) 433-8960, prompt 4 or email accommodation.h&w@prudential.com.

Please note that the above number and email are solely for individuals with disabilities requesting an accommodation. If you are experiencing a technical issue with your application or an assessment, please email careers@prudential.com to request assistance.

Newark, New Jersey, United States of America

R-102992