Prudential Financial · 1 week ago
Associate Manager, Financial Reporting - Accounting Implementation (Hybrid)
Newark, NJ
Full-time
Hybrid
Mid, Senior Level
$92K/yr - $137K/yr
5+ years expPrudential Financial is a leading company in the finance and accounting sector, and they are seeking an Associate Manager for their Accounting Implementation Solutions team. This role involves designing and implementing accounting for reinsurance initiatives, ensuring best-in-class financial reporting, and collaborating closely with various teams across the organization.
Asset ManagementFinanceFinancial ExchangesFinancial ServicesHealth CareInsuranceRetirement
Responsibilities
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 correct
In 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
Qualification
Required
Accounting degree
5-6 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
STAT and GAAP reporting and Financial Information Systems knowledge a plus
Strong PC Skills including Excel, PowerPoint, and Word
Oracle ledger and PIPS sub-ledger knowledge a plus
Knowledge of reinsurance accounting a plus
Overtime required
Benefits
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 $1,600 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.
Company
Prudential Financial
Prudential Financial specializes in the fields of investment management, life insurance, and retirement benefits. It is a sub-organization of Prudential Financial.
10001+ employees
H1B Sponsorship
Prudential Financial has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2024 (1)
2023 (1)
Funding
Current Stage
Public CompanyTotal Funding
$1.25BKey Investors
AM Best
2025-03-13Post Ipo Debt· $750M
2024-02-14Post Ipo Debt· $500M
2001-12-13IPO
Leadership Team
Andrew Sullivan
Chief Executive Officer
Yanela Frias
Executive Vice President & Chief Financial Officer
Recent News
2026-01-03
MarketScreener
2025-12-18
Company data provided by crunchbase