Accounting Implementation-Financial Reporting Manager at Prudential, driving automated accounting for reinsurance initiatives. Collaborating with cross-functional teams to ensure best-in-class financial reporting.
Responsibilities
Implementation of new reinsurance initiatives and associated accounting which includes: Create project plans/deck, support/lead project meetings, identify/support resolution of open items/issues, and update relevant documentation to support the new reinsurance transaction
Review new reinsurance treaties and accounting policy guidance memorandums in conjunction with existing policyholder accounting to determine any new accounting or accounting elements required to support the reinsurance initiative
Review new product design memorandums in conjunction with existing policyholder accounting to determine any new accounting or accounting elements required to support reinsurance initiatives
Create and document a summary of the reinsurance initiatives and their unique accounting impacts of in a summary assessment
Create Statutory and GAAP accounting examples/flows of new reinsurance transactions based on accounting guidance
Partner with Reinsurance Program team to execute Table Maintenance System changes to support the accounting in the administration systems or reinsurance programs
Support other FSO teams, Operations and Finance in researching and resolving issues/questions related to reinsurance policyholder accounting
Provide internal and external audit support on policyholder accounting
Various ad-hoc requests as needed
Requirements
Accounting degree
Minimum of 6 years of 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)
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.
Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program.
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