- Entry level
- No Education
- Salary to negotiate
Senior Associate, Investment Operations-NQ 0000N
The Investment Operations Associate performs a variety of administrative duties, within the Funding Administration Department. The department is primarily responsible for critical data support on the insurance administration. Responsibilities related to insurance administration include administration of insurance plans such as informal nonqualified plan funding, Split Dollar, Executive Life, BOLI, and Income Disability. Daily Policy administrative tasks include premium billings, rebalancing of asset subaccounts, delivery of policy reporting and other ad-hoc analysis. New case implementation with other departments, insurance carriers and trusts is also a responsibility of the Associate.
Minimum of one year of practical work experience, preferably in financial services
Basic financial acumen with strong math skills
Undergraduate degree in related field and/or relevant experience
Knowledge of 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
Experience in and knowledge of Excel, or other spreadsheet/database applications and Microsoft Word is preferred
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
The ideal candidate should:
Be excited about working within an environment of ambiguity
Be data driven, analytical and enjoy working with numbers
Have courage to take intelligent risks
Have been told multiple times by multiple different people that they can think outside of the box
Enjoy the challenge of working in a complicated, ever-changing and fast-moving environment
Location: Scranton, PA
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 email@example.com for more information about doing business with Prudential.
Job Function Operations
Primary Location United States-Pennsylvania-Moosic
About the company
For over 140 years, Prudential Financial (NYSE:PRU) has helped people grow and protect their wealth. We offer individual and institutional clients a wide array of financial products and services. Today, we are one of the world’s largest financial services institutions. We have over $1 trillion of assets under management as of March 31st, 2017, and approximately $3.7 trillion of gross life insurance in force worldwide as of Dec. 31, 2016. We have operations in the United States, Asia, Europe and Latin America. We also have one of the most recognized and trusted brand symbols: The Rock® , an icon of strength, stability, expertise and innovation. We measure our long-term success on our ability to deliver value for shareholders, meet customer needs, attract and develop the best talent in our industry, offer an inclusive work environment where employees can develop to their full potential, and give back to the communities where we live and work. (Pru.us/disclaimer)