Financial Reporting Specialist in Prudential's AIS team handling reinsurance accounting implementation. Collaborating across teams for effective financial reporting and project execution.
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
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
Overtime required
Requirements
Accounting degree
3-4 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
Strong PC Skills including Excel, PowerPoint, and Word
STAT and GAAP reporting and Financial Information Systems knowledge a plus
Oracle ledger and PIPS sub-ledger knowledge a plus
Knowledge of reinsurance accounting a plus
Benefits
Medical, dental, vision, life insurance, disability insurance
Paid Time Off (PTO)
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
Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program
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